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RES 2011-21TOWN OF TROPHY CLUB RESOLUTION NO. 2011-21 A RESOLUTION OF THE TOWN OF TROPHY CLUB, TEXAS APPROVING A TRANSFER OF APPROPRIATIONS IN ACCORDANCE WITH SECTION 9.06(D) OF THE HOME RULE CHARTER OF THE TOWN TO TRANSFER FUNDS FROM VARIOUS DEPARTMENTAL FUNDS TO THE PLANNING AND ZONING DEPARTMENT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town of Trophy Club, Texas Fiscal Year 2010-2011 Budget was adopted within the time and in the manner required by State Law (the "Budget"); and WHEREAS, Section 9.06(d) of the Town Charter provides that Council may adopt a resolution transferring all or part of the unencumbered appropriation balance from one department, fund, service, strategy or organizational unit to the appropriation for other departments or organizational units or a new appropriation; and WHEREAS, in the Budget, the Town Council appropriated funds for expenses related to the training, travel, advertising, outside professional services and independent labor in the General Fund; and WHEREAS, due to cost saving in various budget lines savings have accumulated and unencumbered funds are available for transfer; and WHEREAS, at the August 15, 2011 Council meeting, Council authorized Staff to retain Gateway Planning Group to provide professional planning services in an amount not to exceed $15,500, at which time staff presented a list of accounts from various departments from which funds were available; and WHEREAS, this Resolution approves the transfer of $15,500 of savings from funds appropriated for the Finance, Legal and Parks Department to the Planning and Zoning Department for Engineering expenses; and WHEREAS, the Town Council finds that in the foregoing circumstances, appropriations are necessary and therefore determines it appropriate to approve this Resolution making a transfer of appropriation of $15,500 as more specifically set forth in Exhibit" A", attached hereto and incorporated herein; and WHEREAS, the Town Council of the Town of Trophy Club, Texas further finds that the transfer of appropriations, as set forth in Exhibit "A", will serve the public interest; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: Section 1. That the above and foregoing premises are true and correct and are incorporated herein and made a part hereof for all purposes. Section 2. That funds should be transferred in accordance with Exhibit "A", a copy of which is attached hereto and incorporated herein. Section 3. That this Resolution shall become effective upon its passage in accordance with law. PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas, this the 12th day of September, 2011. ATTEST: S nnon DePrate, own Secretary Town of Trophy Club, Texas [SEAL] Patricia A. Adams, Town Attorney Town of Trophy Club, Texas RES 2011-21 Mayor, Connie White Town of Trophy Club, Texas Page 2 of 3 Exhibit" A" Original Budget Transfer Amended Budggt EXj2enditure: Finance -Schools & Training $ 2,83 0 $ (1,000) $ 1,83 0 Finance -Travel & Per Diem $ 5,03 2 $ (1,000) $ 4,03 2 Finance -Advertising $ 4,420 $ (3,000) $ 1,420 Legal -Outside Professional Service $ 10,000 $ (5,100) $ 4,9 00 Parks -Independence Labor $ 78,641 $ (5,400) $ 73,241 EXj2enditure: P&Z -Engineering $ 40,000 $ 15,5 00 $ 55,000 RES 2011-21 Page 3 of 3