ORDINANCE AND RESOLUTION FACT SHEET					City of Shreveport
TITLE			DATE			ORIGINATING DEPT./DIV.
AN ORDINANCE AMENDING THE 2009 WATER AND SEWERAGE ENTERPRISE FUND BUDGET, AND TO OTHERWISE PROVIDE WITH RESPECT THERETO.			October 13, 2009			EXECUTIVE OFFICE
						SPONSOR OR COUNCIL MEMBER
						MAYOR CEDRIC B. GLOVER
PURPOSE
To adjust funds within the 2009 Water and Sewerage Enterprise Fund Budget by increasing Operating Reserves by $1,214, and by decreasing Transfer to Capital Projects by $1,214.
This Ordinance or Resolution will have direct impact on Council District:							All
BACKGROUND INFORMATION
Capital Project Lucas and North Regional WWTP Automation will be closed by Ordinance 106 of 2009. This will move the remaining $1,214 back in Water and Sewerage Fund.
TIMETABLE
Introduction:	October 13, 2009
Final Passage:	October 27, 2009
SPECIAL PROCEDURAL REQUIREMENTS
None
FINANCES				SOURCE OF FUNDS
CONCLUSION
Approval of this ordinance is recommended.
FACT SHEET PREPARED BY:		Rick Seaton, Assistant CAO

ORDINANCE NO. __________OF 2009

AN ORDINANCE AMENDING THE 2009 WATER AND SEWERAGE ENTERPRISE FUND BUDGET, AND TO OTHERWISE PROVIDE WITH RESPECT THERETO.

By:

WHEREAS, the City Council finds it necessary to amend the 2009 budget for the Water and Sewerage Enterprise Fund.

NOW, THEREFORE, BE IT ORDAINED, by the City Council of the City of Shreveport, in legal session convened, that Ordinance No. 145 of 2008, the Riverfront Development Special Revenue Fund Budget, is hereby amended as follows:

In Section 2 (Appropriations):

Increase Operating Reserves by $1,214, and decrease Transfer to Capital Projects by $1,214

Adjust totals and subtotals accordingly.

BE IT FURTHER ORDAINED that the remainder of Ordinance 145 of 2008 shall remain unchanged and in full force and effect.

BE IT FURTHER ORDAINED that if any provision or item of this ordinance or the application thereof shall be held invalid, such invalidity shall not affect other provisions, items or applications of this ordinance which can be given effect with out the invalid provisions, items or applications; and to this end, the provisions of this ordinance are hereby declared to be severable.

BE IT FURTHER ORDAINED that all ordinances or portions thereof in conflict herewith are hereby repealed.

APPROVED AS TO LEGAL FORM:

____________________________

City Attorney’s Office