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ORD. 2021-20 - Budget Amendment No. 4 TOWN OF TROPHY CLUB ORDINANCE NO. 2021-20 AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS AMENDING THE FY 2020-2021 BUDGET OF THE TOWN OF TROPHY CLUB, TEXAS, BUDGET AMENDMENT NO. 4; PROVIDING FOR AN AMENDMENT TO APPROPRIATE FUNDS FOR EXPENDITURES ASSOCIATED WITH OPERATIONS AND CAPITAL; PERSONNEL CHANGES; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town of Trophy Club, Texas Fiscal Year 2020-2021 Budget was adopted within the time and in the manner required by State Law; and WHEREAS, in that Budget, the Town Council did not appropriate funds for expenditures associated with previous fiscal year's capital projects; current fiscal year reclassification of expenditures; and WHEREAS, the Town Council of the Town of Trophy Club, Texas further finds that the amendment, as set forth in Exhibit "A", will serve the public interest and is necessary to support Town operations; and WHEREAS, the Town Council of the Town of Trophy Club, Texas finds and determines that the change in the Budget for the stated municipal purpose serves best interests of the taxpayers, is necessary and warrants action at this time. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: SECTION 1. INCORPORATION OF PREMISES That the above and foregoing premises are true and correct and are incorporated herein and made a part hereof for all purposes. SECTION 2. AMENDMENT The Town of Trophy Club, Texas, Fiscal Year 2020-2021 Budget is hereby amended to fund the line items as stated in Exhibit"A", a copy of which is attached hereto and incorporated herein. This Amendment No. 4 (Exhibit "A") to the Original Budget of the Town of Trophy Club, Texas, for the Fiscal Year 2020-2021 shall be attached to and made part of the Original Budget by the Town Secretary and shall be filed in accordance with State Law. This Ordinance is hereby adopted and shall constitute the second amendment that has occurred since the October 1, 2020 effective date of the Town's Fiscal Year 2020-2021 Budget. SECTION 3. SAVINGS AND REPEALER That this Ordinance shall be cumulative of all other Ordinances of the Town affecting the Fiscal Year 2020-2021 Budget of the Town and shall not repeal any of the provisions of such Ordinances except in those instances where provisions of those Ordinances are in direct conflict with the provisions of this Ordinance; whether such Ordinances are codified or uncodified, and all other provisions of the Ordinances of the Town of Trophy Club, codified or uncodified, not in conflict with the provisions of this Ordinance, shall remain in full force and effect. SECTION 4. SEVERABILITY If any section, article, paragraph, sentence, clause, phrase or word in this Ordinance, or application thereof to any person or circumstance, is held invalid or unconstitutional by a Court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of the Ordinance, and the Town Council hereby declares it would have passed such remaining portions of the Ordinance despite such invalidity, which remaining portions shall remain in full force and effect. SECTION 5. ENGROSSMENT AND ENROLLMENT The Town Secretary of the Town of Trophy Club is hereby directed to engross and enroll this Ordinance in the Ordinance records of the Town and to properly record this Ordinance in accordance with the Town Charter. SECTION 6. EFFECTIVE DATE This Ordinance shall take effect from and after its date of passage in accordance with law, and it is so ordained. PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas, this 27th day of September, 2021. ORD 2021-20 Page 2 of 4 Alicia . Fleury, Mayor 0 of Trophy Club, Texas ATTEST: 0� Ycl 32 G6� o jjW U ~ L ti i Vacek, Town Secretary *�gNUAR�N'� Town of Trophy Club, Texas APPROVE OAS FORM: J. i odd III, Town Attorney T of Trophy Club, Texas ORD 2021-20 Page 3 of 4 Exhibit "A" FY21 BUDGET AMENDMENT#4: DepartmentLine Item Recommended Amended Description Budget Total Section 1 EDCIn centive Programs 'r 1 5-95-8 7200 ncentive Program:Increase to recognize EDCAgreement with$ - $ 300,000.00 $ 300,000.00 Total $ - $ 300,000.00 $ 300,000.00 ORD 2021-20 Page 4 of 4