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O-89-2404 - 4/27/1989ORDINANCE NO. ‘21t4124. AN ORDINANCE ADOPTING A BUDGET FOR FISCAL YEAR 1988-1989 FOR THE GENERAL OBLIGATION BOND CAPITAL IMPROVEMENT PROGRAM; PROVIDING FOR A SAVINGS CLAUSE AND REPEALING CONFLICTING ORDINANCES AND RESOLUTIONS. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: I. That the budget for fiscal year 1988-1989 for the General Obligation Bond Capital Improvement Program as shown in Exhibit attached hereto and incorporated herein is hereby adopted. II. A. All ordinances, parts of ordinances, or resolutions in conflict herewith are expressly repealed. B. The invalidity of any section or provision of this ordinance shall not invalidate other section or provisions thereof. READ and APPROVED on first reading this the A43. _ day of /L(' , 19PT . READ, APPROVED and ADOPTED on second reading this the ON* day of ledeli , 19 17 . 2a 14 ATTEST: NE LAND, City Secretary MIKE ROBINSON, Mayor City of Round Rock, Texas ATTACHMENT A G.O. BOND CAPITAL IMPROVEMENT BUDGET FISCAL 1988 - 1989 PROJECT Streets NORTH INDUSTRIAL BLVD SOUTH INDUSTRIAL BLVD CREEK8END BLVD MCNEIL ROAD TRANSITION GATTIS SCHOOL ROAD CULVERTS EAST AUSTIN AVENUE FRONTIER TRAIL STIRRUP DRIVE SEALCOAT PROGRAM sub -total Miscellaneous STREETSWEEPER ANIMAL SHELTER SITE IMPROVEMENTS PUBLIC WORKS SITE IMPROVEMENTS grand total AMOUNT FUNDING SOURCE $240,000 G.O. Bonds (reallocate) 220,000 G.O. Bonds (reallocate) 120,000 Interest Income 60,000 Interest Income 30,000 Interest Income 78,000 Interest Income 31,000 interest Income 317000 Interest Income 50,000 Interest Income 860,000 80,O00 3O,000 30,000 $1,000,000 Interest Income Interest Income Interest Income DATE: April 25, 1989 SUBJECT: Council Agenda, April 27, 1989 ITEM: 8A. Consider an ordinance establishing a G.O. Bond Capital Improvement Budget for 1988-89. (Second Reading) STAFF RESOURCE PERSON: Bob Bennett/David Kautz STAFF RECOMMENDATION: Adopt the G.O. Bond Capital Improvement budget as presented on attachment "A".