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AN ORDINANCE TO AMEND THE 2010 BUDGET TO REVISE DEPARTMENTAL BUDGETS FOR CITY COMMUNITY INITIATIVE AND DEPARTMENT OF COMMUNITY DEVELOPMENT
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WHEREAS, the City of Jonesboro, in its desire to improve the quality of life for its citizens has established the Department of Community Development (also known as Community Development Block Grant or CDBG) to seek and administer federal funding for programs of benefit to the citizens of City, and further provides additional funding to augment said programs through the City Community Initiative; and,
WHEREAS, the 2010 Budget as passed by the Council on December 14, 2009 did not indicate all expenses or sources of funding for the above programs; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS THAT:
SECTION 1: The 2010 Budget be amended, as indicated on the attached pages, to accurately indicate expenditures of the Department of Community Development (CDBG) and City Community Initiative.
SECTION 2: It being necessary that the finances of the City of Jonesboro, Arkansas be efficiently administered and accounted for, and whereas this ordinance is necessary for the proper execution of contractual obligations, an emergency is declared to exist and this ordinance shall be in full force and effect from and after its passage and approval.
PASSED AND ADOPTED this 20th day of April, 2010.