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HomeMy WebLinkAboutRes 00-38 Approving Amendments to the Budget for the Fiscal Year 1999-2000TOWN OF WESTLAKE RESOLUTION NO. 00-38 A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS, AMENDING THE 1999-2000 BUDGET CONCERNING UTILITY INFRASTRUCTURE. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS - SECTION 1: That the Board of Aldermen of the Town of Westlake, Texas does hereby amend the 1999-2000 budget concerning utility infrastructure to add a line item entitled Utility Duct Bank and to direct the Town Manager to prepare documentation to facilitate a Section 4A loan to construct the Utility Duct Bank in an amount not to exceed $1.9 million, which upon execution by the 4A Corporation will be brought back to the Board for consideration. PASSED AND APPROVED ON THIS 25TH DAY OF SEPTEMBER, 2000. Scott Bradley, Mayor` ATTEST: ing Crosswy, To ecretary Trent O. Petty, Town Ma ager APPROVED AS TO FORM: