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HomeMy WebLinkAbout2014-0916A Adopting FY 2014-2015 BudgetCERTIFICATE OF RESOLUTION 2014-0916A 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 16, 2014, at the regular meeting place thereof, and the roll was called of the duly constituted officers and members ofthe Board ofDirectors, to wit: Jim Moss Jim Hase Kevin R. Carr James C. Thomas Neil Twomey President Vice President Secretary/Treasurer Director Director and Directors Moss, Hase, Carr, and Twomey were present, thus constituting a quorum, absent was Director Thomas, and whereupon, among other business, the following was transacted at such meeting: a written RESOLUTION 2014-0916A ADOPTING FISCAL YEAR 2014-2015 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:~ NOES: "C22 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of the District Board of Directors in conflict with the provisions of this resolution shall be and the same are hereby repealed and all other provisions of the resolutions of the District are not in conflict with the provisions ofthis resolution shall remain in full force and effect. Section 6. That this resolution shall become effective immediately upon its passage. ADOPTED AND APPROVED by the Board of Directors of Trophy Club Municipal Utility District No. 1, this the 16th day of September, 2014. Kevin R. Carr, Secretary/Treasurer RESOLUTION NO. 2014-0916A TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO.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, 2014 THROUGH SEPTEMBER 30, 2015, 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, 2014 and ending September 30, 2015, 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 16, 2014, 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 2014-2015 fiscal year budget; and WHEREAS, after full and final consideration, it is the opinion of the Board of the District, that the 2014-2015 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 2014-2015, 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 2013-2014, attached hereto and incorporated herein as Exhibit B, not completed or started as of September 30, 2014, will be automatically carried over into fiscal year 2014-2015. Section 4. That if any word, sentence, section, subsection, subdivision, paragraph, clause, phrase or provision of this resolution shall be judged invalid or held 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. ADOPTED, SIGNED and APPROVED on this 16th day of September, 2014. Kevi~ R. Carr, Secretary Board of Directors rie Slaght District Secretary EXHIBIT "A" (Budget-pending Board's approval) AMENDED ON 9-16-2014 EXHIBIT "B" EXHIBIT "8" Indian Creek Waterline Upgrade-$47,697 Wastewater Treatment Plant Expansion (Engineering)-$647,996 Truck for WWTP/Collection -$45,000 Amount to be carried forward into Fiscal Year 2014-2015-$740,693