HomeMy WebLinkAbout2013-0917 Resolution Adopting Budget for FY 2013-2014RESOLUTION NO. 2013-0917
TROPHY CLUB MUNICIPAL UTILITY DISTRICT N0.1
A RESOLUTION OF TROPHY CLUB MUNICIPAL UTILITY DISTRICT
NO. 1, OF DENTON AND TARRANT COUNTIES, TEXAS; APPROVING
AND ADOPTING A BUDGET FOR THE FISCAL YEAR OCTOBER 1,
2013 THROUGH SEPTEMBER 30, 2014, PROVIDING THAT
EXPENDITURES FOR SAID FISCAL YEAR BE MADE IN
ACCORDANCE WITH SAID BUDGET, PROVIDING A SEVERABILITY
CLAUSE, AND PROVIDING AN EFFECTIVE DATE
WHEREAS, an annual budget for the fiscal year beginning October 1, 2013 and
ending September 30, 2014, has been duly created by the Finance Department of the
Trophy Club Municipal Utility District No. 1 (the "District") in accordance with Section
49.057(b) of the Texas Water Code; and
WHEREAS, a public hearing was held on September 17, 2013, in accordance
with Section 49.057(b) of the Texas Water Code, following due publication of notice
thereof at which time all citizens and parties of interest were given the opportunity to be
heard regarding the proposed 2013-2014 fiscal year budget; and
WHEREAS, after full and final consideration, it is the opinion of the Board of the
District, that the 2013-2014 fiscal year budget of revenues and expenditures, as
hereinafter set forth, should be adopted and approved.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1:
Section 1. That the annual budget of revenues and expenditures necessary
for conducting affairs of the District for the fiscal year 2013-2014, attached hereto
and incorporated herein as Exhibit A, providing for a financial plan for the
ensuing fiscal year is hereby approved and adopted.
Section 2. That the expenditures during the fiscal year shall be made in
accordance with this budget unless otherwise authorized by proper amendment.
Said budget document shall be on file for public inspection in the office of the
District.
Section 3. That unless otherwise modified by the Board of the District, the
remaining budget for all capital improvements from fiscal year 2012-2013,
attached hereto and incorporated herein as Exhibit B, not completed or started
as of September 30, 2013, will be automatically carried over into fiscal year
2013-2014.
Section 4. That if any word, sentence, section, subsection, subdivision,
paragraph, clause, phrase or provision of this resolution shall be judged invalid or
held unconstitutional, the same shall not affect the validity of this resolution as a
whole or any part of the provision hereof other than the part so decided to be
invalid or unconstitutional.
Section 5. That all provisions of the resolutions of the District Board of
Directors in conflict with the provisions of this resolution shall be and the same
are hereby repealed and all other provisions of the resolutions of the District are
not in conflict with the provisions of this resolution shall remain in full force and
effect.
Section 6. That this resolution shall become effective immediately upon its
passage.
PASSED AND APPROVED by the Board of Directors of Trophy Club Municipal
Utility District No. 1, this the 17th day of September, 2013.
Kevin R. Carr, Secretary/Treasurer
EXHIBIT "A"
(Budget-pending Board's approval)
EXHIBIT "8"
City of Fort Worth Meter, ROFC - $ 75,000
Indian Creek Waterline Upgrade-$210,603
Canterbury Hills Lift Station No. 4 -$90,000
Amount to be carried forward into Fiscal Year 2013-2014-$375,603
CERTIFICATE OF RESOLUTION 2013-0917
THE STATE OF TEXAS §
COUNTY OF DENTON §
COUNTY OF TARRANT §
I, the undersigned member of the Board of Directors of the Trophy Club
Municipal Utility District No. 1 of Denton and Tarrant Counties, Texas (the "District"},
hereby certify as follows:
1. That I am the duly qualified Secretary of the Board of Directors of the District,
and that, as such, I have custody of the minutes and records of the District.
2. That the Board of Directors of the District convened in Open Session at a
Regular Meeting on September 17, 2013, at the regular meeting place thereof, and the
roll was called of the duly constituted officers and members of the Board of Directors, to
wit:
Jim Moss
Bill Armstrong
Kevin R. Carr
James C. Thomas
Nick Sanders
President
Vice President
Secretary/Treasurer
Director
Director
and Directors Moss, Armstrong, Carr, Thomas and Sanders were present, thus
constituting a quorum, whereupon, among other business, the following was transacted
at such meeting: a written
RESOLUTION 2013-0917
APPROVING THE FY 2013-2014 BUDGET
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
and duly introduced for the consideration of the Board of Directors of the District. It was
then duly moved and seconded that such Resolution be adopted and, after due
discussion, such motion, carrying with it the adoption of such Resolution, prevailed and
carried by the following vote:
AYES: 5
NOES: j7J.
3. That a true, full and correct copy of such Resolution adopted at such
meeting is attached to and follows this certificate; that such resolution has been
duly recorded in the minutes of the Board of Directors for such meeting; that the
persons named in the above and foregoing Paragraph 2 were the duly chosen,
qualified and acting officers and members of the Board of Directors as indicated
therein, that each was duly and sufficiently notified officially and personally, in
advance, of the time, place and purpose of such meeting, and that such
Resolution would be introduced and considered for adoption at such meeting,
and that each consented, in advance, to the holding of such meeting for such
purpose; that the canvassing of the officers and members of the Board of
Directors present at and absent from such meeting and of the votes of each on
such motion, as set forth in the above and foregoing Paragraph 2, is true and
correct; and that sufficient and timely notice of the hour, date, place and subject
of such meeting was given and posted as required by Chapter 551, Texas
Government Code, as amended.
SIGNED AND SEALED the 17th day of September 2013.
Kevin R. Carr
Secretary, Board of Directors