Subject: 10649/Amd10589-#5/BudgetOrdinance
Date: Thu, 4 May 1995 10:58:00 -0500


                               ORDINANCE NO. 10649
                
                                 
                 AN ORDINANCE TO AMEND ORDINANCE NO. 10589, AS
                 AMENDED, ENTITLED "AN ORDINANCE TO PROVIDE
                 REVENUE FOR THE FISCAL YEAR BEGINNING JULY 1,
                 1997, AND ENDING JUNE 30, 1998, AND
                 APPROPRIATING SAME TO THE PAYMENT OF EXPENSES
                 OF THE MUNICIPAL GOVERNMENT; FIXING THE RATE OF
                 TAXATION ON ALL TAXABLE PROPERTY IN THE CITY,
                 AND THE TIME TAXES AND PRIVILEGES ARE DUE, HOW
                 THEY SHALL BE PAID, WHEN THEY SHALL BECOME
                 DELINQUENT; AND PROVIDE FOR INTEREST AND
                 PENALTY ON DELINQUENT TAXES AND PRIVILEGES.",
                 SO AS TO PROVIDE FOR CERTAIN CHANGES IN SECTION
                 1; SO AS TO PROVIDE FOR CERTAIN CHANGES IN
                 ESTIMATED REVENUES AND APPROPRIATIONS SET OUT
                 IN SECTION 5.
                
                                                    
                
                
       	    	 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
       CHATTANOOGA, TENNESSEE:
       	    	 SECTION 1.  That Ordinance No. 10589, the BUDGET
       ORDINANCE, entitled as set forth above, be and the same is hereby 

       amended as provided hereinafter.
       	    	 SECTION 2.  That the ESTIMATED REVENUE in said Ordinance
       be and is here by amended as hereinafter set out:
       					     		       Substitute in
       					       Delete	        Lieu Thereof
      
       REVENUE FROM OTHER AGENCIES:
       Revenue from Fund Balance	           -0-	       $  3,151,711
       					      -----------       -----------
             AMENDED SUBTOTAL  		     $ 31,888,251      $ 35,039,962
       					       -----------      -----------
      
       AMENDED GENERAL FUND ESTIMATED REV.   $114,069,241      
$117,220,952
       					      3D3D3D3D3D3D3D3D3D3D3D       
3D3D3D3D3D3D3D3D3D3D3D  
      
                 SECTION 3. That the APPROPRIATIONS Section 5 of said
       Ordinance be and is hereby amended as hereinafter set out:
0C
      
      
      
       GENERAL GOVERNMENT & SUPPORTED AGENCIES:
      
       African-American Museum                     30,000           
35,000
       Association of Visual Artist               -0-                
7,000
       Capital Improvements                 $   1,491,852    $   
6,643,563
       Contingency Fund                         1,000,000          
995,000
       Debt Service			     	7,340,340        5,340,340
       Real Estate Fund                           100,000           
93,000
       	  	 			     ------------      -----------
      
       AMENDED TOTAL                        $  28,006,381    $ 	
31,158,092                                     
       	  	 			      3D3D3D3D3D3D3D3D3D3D3D3D      
3D3D3D3D3D3D3D3D3D3D
      
      
       AMENDED TOTAL APPROPRIATION          $ 114,069,241    $ 
117,220,952
                                              
3D3D3D3D3D3D3D3D3D3D3D      3D3D3D3D3D3D3D3D3D3D3D
      
      
       	    	 SECTION 4.  That this Ordinance shall take effect two
       (2) weeks from and after its passage as provided by law.
      
       PASSED on Third and Final
       Reading January 6, 1998.	     
s/__________________________________
       	    	      	   	     	          CHAIRPERSON
      
      
       	    	      	   	     APPROVED:___X___ DISAPPROVED:_______
      
       	    	      	   	     DATE:__January 7_____________, 1998.
      
      
       	    	      	   	     s/__________________________________
       	    	      	   	     	       	    MAYOR
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