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Ord 2374 - Sup Budget 04-05 COUNCIL BILL NO. 2538 ORDINANCE NO. 2374 AN ORDINANCE ADOPTING A SUPPLEMENTAL BUDGET FOR FISCAL YEAR 2004-05 AND DECLARING AN EMERGENCY. WHEREAS, Oregon State Statute 294.480 allows for the adoption of a supplemental budget during a fiscal year to meet changes in financial planning, and WHEREAS, the Notice of Supplemental Budget Hearing and Financial Summary was published in the Woodburn Independent on October 20,2004 as required under State budget law; and WHEREAS, the City Council held a public hearing on October 25, 2004 to give citizens an opportunity to comment on the proposed 2004-2005 supplemental budget, now, therefore, THE CITY OF WOODBURN ORDAINS AS FOLLOWS: Section 1. That the supplemental budget for fiscal year 2004-2005 is hereby adopted as set forth below. Section 2. That fiscal year 2004-2005 appropriations are adjusted as follows: Appropriations GENERAL FUND: Appropriation Adjustments: Capital Outlay - Aquatic Center Operating Contingency ( 156,000) 156,000 HOUSING REHABILITATION FUND: Appropriations Adjustment: Community Devlp Capital Outlay - Land Operating Contingency 156,000 (156,000) Section 3. That if any clause, sentence, paragraph, section or portion of this ordinance for any reason shall be adjudged invalid by a court of competent jurisdiction, such judgment shall be confined in its operation to the clause, sentence, paragraph, section or portion of this ordinance directly involved in the controversy in which such judgment is rendered. Page I - COUNCIL BILL NO. 2538 ORDINANCE NO. 2374 .. T r Section 4. This ordinance being necessary for the public peace, health and safety, an emergency is declared to exist in that appropriation adjustments are necessary to meet estimated expenditures during the 2004-05 fiscal year and this ordinance shall take effect immediately upon passage by the Council and approval by the Mayor. Approved as to Form: r;;J .~ 4/') City Attorney /0 /U/zOo 0r Dale I APPRO -----.. Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder October 25, 2004 October 27, 2004 October 27, 2004 October 27, 2004 Page 2 - COUNCIL BILL NO. 2538 ORDINANCE NO. 2374 . T' T'