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Ord 13-52
Ord 13-52
CITY COMMISSION REGULAR MTG
Meeting Date:
04/21/2021
Title:
Amend the fiscal year 2020/2021 budget
Submitted For:
Laura Boyd
Submitted By:
Laura Boyd, Finance
Department:
Finance

Information

ACTION REQUEST (Brief Summary)

Consider approval of a request to amend the fiscal year 2020-2021 budget to appropriate funds for decorative lighting along 6th Street from 9th Avenue to 2nd Avenue.

BACKGROUND

The Texas City Economic Development Corporation (TCEDC), in their April 13, 2021 meeting, approved a project for LED decorative lighting to be strung diagonally across 6th Street from 9th Avenue to 2nd Avenue. The cost of the project is $566,150, which will be funded from TCEDC's unassigned fund balance.  Additional detail is included in the City Commission Resolution No. 21-027.

ANALYSIS

Budget Amendment:

Texas City Economic Development Corporation (Fund 801):
Land and Building Improvements (6th St. lighting project)     $566,150.00
Unassigned Fund Balance                                                    ($566,150.00)


 

ALTERNATIVES CONSIDERED


Fiscal Impact

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