ORD 2011-35TOWN OF TROPHY CLUB, TEXAS
ORDINANCE NO. 2011-35
AN ORDINANCE OF THE TOWN OF TROPHY CLUB, TEXAS
ADOPTING AND APPROVING THE BUDGET FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2011 AND ENDING SEPTEMBER 30, 2012
FOR TROPHY CLUB ECONOMIC DEVELOPMENT CORPORATION 4A,
AND MAKING APPROPRIATIONS FOR EACH PROJECT,
OPERATION, ACTIVITY, PURCHASE, ACCOUNT AND OTHER
EXPENDITURES; PROVIDING FOR EXPENDITURES AS ALLOWED
BY APPLICABLE LAW; PROVIDING FOR FILING OF DOCUMENTS;
REPEALING CONFLICTING ORDINANCES; PROVIDING A
SEVERABILITY CLAUSE; PROVIDING A SAVINGS CLAUSE;
PROVIDING FOR ENGROSSMENT AND ENROLLMENT; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Town of Trophy Club (the "Town") is a home rule municipality
regulated by state law and Charter; and
WHEREAS, the Charter of the Town provides that the Town Manager shall
prepare a proposed budget for the Town annually and to submit that budget to Council;
and
WHEREAS, public notice of a public hearing on the proposed annual budget for
the Town, stating the date, time, and place and subject matter of the public hearing, was
given as required by the laws of the State of Texas and Town Charter; and
WHEREAS, the proposed budget for the Town of Trophy Club, Texas (the
"Budget") which has been filed with the Town Secretary is a Budget to cover all
proposed expenditures of the Town for the fiscal year beginning October 1, 2011, and
ending September 30, 2012 and includes the individual budget for Trophy Club
Economic Development Corporation 4A ("EDC 4A"); and
WHEREAS, the budget for EDC 4A shows as definitely as possible each of the
various projects for which appropriations are set up in the budget, shows the estimated
amount of money carried in the budget for each of such projects, and otherwise
complies with all requirements of the home rule Charter for the Town; and
WHEREAS, the Town Council has studied the budget of EDC4A and listened to
the comments received at the public hearing and has determined that the budget
attached hereto is in the best interest of the Town of Trophy Club.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF TROPHY CLUB, TEXAS:
SECTION 1.
APPROVING THE BUDGET
The budget for EDC4A attached hereto as Exhibit "A" and incorporated herein
is approved and adopted for the fiscal year beginning October 1, 2011, and ending
September 30, 2012; and there is hereby appropriated from the funds indicated and for
such purposes, respectively, such sums of money for such projects, operations,
activities, purchases, accounts and other expenditures as proposed in the attached
budget for EDC4A.
SECTION 2.
PROVIDING EMERGENCY EXPENDITURES
Pursuant to state law, no expenditure of the funds of the Town shall hereafter be
made except in compliance with the Budget and applicable state law; provided,
however, that in case of grave public necessity emergency expenditures to meet
unusual and unforeseen conditions, which could not by reasonable, diligent thought and
attention have been included in the original Budget, may from time to time be authorized
by the Town Council as amendments to the original Budget. Pursuant to Town Charter,
the Council may make emergency appropriations to address a public emergency
affecting life, health, property or the public peace.
SECTION 3.
BUDGET FILED
The Town Council shall cause to be filed a true and correct copy of the approved
budget for EDC4A, along with this Ordinance, with the Town Secretary and in the office
of the County Clerk of Denton County, and Tarrant County, Texas. Additionally, a copy
of the budget shall be posted on the Town's internet website.
SECTION 4.
CONFLICT
Any and all ordinances, resolutions, rules or regulations in conflict with this
Ordinance are hereby repealed and rescinded to the extent of the conflict herewith.
SECTION 5.
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 this Ordinance, and the Town Council hereby
declares it would have passed such remaining portions of this Ordinance despite such
invalidity, which remaining portions shall remain in full force and effect.
ORO 2011-35 Page 2 of4
SECTION 6.
SAVINGS
All rights and remedies of the Town of Trophy Club, Texas, are expressly saved
as to any and all provisions of any other Ordinance affecting budget requirements,
which have secured at the time of the effective date of this Ordinance.
SECTION 7.
ENGROSSMENT AND ENROLLMENT
The Town Secretary of the Town of Trophy Club is hereby directed to engross and
enroll this Ordinance by filing this Ordinance in the ordinance records of the Town as
required in the Town Charter.
SECTION 8.
EFFECTIVE DATE
This Ordinance shall be effective 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 26th day of September 2011.
ATTEST:
JE,{)J?J;1ff(J 9 /h a tlY
annon DePrate , Town Secretary
Town of Trophy Club, Texas
[SEAL]
atricia A. Adams, Town Attorney
Town of Trophy Club, Texas
ORD 2011-35
C6nnie White, Mayor
Town of Trophy Club, Texas
Page 3 of4
ORD 2011-35
EXHIBIT "A"
EDC4A BUDGET
Page 4 of4
TOWN OF TROPHY CLUB, TEXAS
Annual Program of Services
ECONOMIC DEVELOPMENT CORPORATION 4A FUND
Mission
To use its resources to promote and implement capital park projects that will enhance the lives of the current
residents that use Town park and recreational amenities as well as attract new residents to Trophy Club as a
result of our diverse and attractive park system.
Departmental Goal
Authorized by the Development Corporation Act of 1979 and first enacted by the Town in 2000 the Trophy Club
Economic Development Corporation 4A (EDC 4A) Fund strives to assist the Town in the development and
operation in park related Public Improvement District amenities.
Staff
2009-2010
Actual
2010-2011
Budget
2010-2011
Estimate
2011-2012
Budget
FTE N/A N/A N/A N/A
TOWN OF TROPHY CLUB, TEXAS
Annual Program of Services
EDC4A FUND
FY 2011-12 PROPOSED
REVENUES
RESERVES
4%INTEREST INCOME
0%
SALES TAX -
GENERAL
96%
EDC4A FUND
FY 2011-12 PROPOSED
EXPENDITURES
INTERFUND TRANS
OUT (GF I&S)
67%
FURNITURE/EQUIP
7%
OFFICE SUPPLIES
0%
MISCELLANEOUS
EXPENSES
0%
EDC PROJECTS
24% AUDITING
0%
DUES &
MEMBERSHIPS
0%MEETINGS
0%
SCHOOLS &
TRAINING
1%
TRAVEL & PER DIEM
1%
TOWN OF TROPHY CLUB, TEXAS
Annual Program of Services
ECONOMIC DEVELOPMENT CORPORATION 4A FUND
2008-09 2009-10 2010-11 2010-11 2011-12 2012-13 2013-14
DESCRIPTION ACTUAL ACTUAL ADOPTED ESTIMATE PROPOSED PROJECTED PROJECTED
REVENUES 232,659 265,694 288,774 288,274 294,661 287,939 293,678
EXPENDITURES 178,020 202,018 288,774 288,953 294,661 213,698 208,906
TOTAL EXCESS/(DEFICIT) 54,639$ 63,676$ -$ (679)$ -$ 74,242$ 84,772$
REVENUES
Sales Tax - General 229,912 264,841 $252,545 $252,545 281,313 286,939 292,678
Interest Income 2,747 854 1,000 500 1,000 1,000 1,000
Reserves - 35,229 35,229 12,348 - -
TOTAL REVENUES 232,659$ 265,694$ 288,774$ 288,274$ 294,661$ 287,939$ 293,678$
EXPENDITURES
Auditing - 916 1,000 1,091 1,000 1,000 1,000
Legal - - - - - - -
Dues & Memberships - 140 140 140 280 280 280
Meetings - - 200 200 200 200 200
Schools & Training - 1,403 680 680 1,710 1,710 1,710
Travel & Per Diem - 1,124 1,915 2,003 4,032 4,032 4,032
Miscellaneous Expenses - 63 100 100 100 100 100
Property Maintenance - - - - - - -
EDC Projects 42,344 - 8,000 8,000 70,000 10,000 10,000
Interfund Trans Out (GF I&S)130,821 140,308 206,539 206,539 196,139 196,176 191,384
Large Project Reserves 4,855 - - - - - -
Intergov Trans Out (GF)- - - - - - -
Furniture/Equipment < $5,000 - 22,065 35,000 35,000 21,000 - -
Office Supplies - - 200 200 200 200 200
Capital Expenses - 16,000 - - - - -
Transfer-Park Repairs/Replacement Reserve - 20,000 35,000 35,000 - - -
TOTAL EXPENDITURES 178,020$ 202,018$ 288,774$ 288,953$ 294,661$ 213,698$ 208,906$