Ord 08-33
Ord 08-33
CITY COMMISSION AGENDA 2
- Meeting Date:
- 07/16/2008
- Title:
- Budget Amendment for Economic Development Corporation
- Submitted For:
- Doug Hoover
- Submitted By:
- Susan Sensat, Administration
- Department:
- Finance
ACTION REQUEST (Brief Summary)
Consider approval of Ordinance 08-33, request to amend the City of Texas City's fiscal year 2007/2008 budget, to partially fund Sanders/Vincent Community Center project from Texas City Economic Development Corporation.
BACKGROUND
A budget amendment is needed to partially fund the Sanders/Vincent Community Center. The Texas City Economic Development Corporation (TCEDC) met July 9, 2008, and approved funding of $500,000.00 for this project.
ANALYSIS
TCEDC (801) - General Fund (101):
101-301-55010-Sanders/Vincent Center Project $500,000.00
801-000-79999 TCEDC Undesignated Budget Balance ($500,000.00)
101-301-55010-Sanders/Vincent Center Project $500,000.00
801-000-79999 TCEDC Undesignated Budget Balance ($500,000.00)