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TR-93-42 aovia� �e L%A . Q� RESOLUTION ITR-93-42 C@ .. OPPA-WQxL 1 � l� A RESOLUTION ADOPTING A CONTINUING APPROPRIATION BUDGET FOR AUGUST, 1993 UNTIL APPROVAL OF FISCAL YEAR 1994 ANNUAL OPERATING BUDGET FOR THE TOWN OF AGAWAM WHEREAS, Under the provisions of Section 1 of Chapter 36 of the Acts of 1993 , enacted April 28, 1993, the time by which the 1994 fiscal year budget must be submitted in cities was extended to within one hundred and seventy days after the annual organization of the city government, the mayor shall submit to the council the annual budget; and WHEREAS, Under the provisions of Section 2 of Chapter 36 of the Acts of 1993, if, upon the expiration of one hundred and seventy days after the annual organization of the city government in the year nineteen hundred and ninety-three, the mayor shall not have submitted to the council the annual budget for fiscal year 1994 , the council shall upon its own initiative prepare the annual budget by June 30, 1993 and such preparation shall be where applicable subject to the same provisions governing the annual budget of the mayor; and WHEREAS, Under the provisions of Section 3 of Chapter 36 of the Acts of 1993 , commencing July 1, 1993 and ending September 30, 1993 for a period not to exceed three months, the mayor may submit to the council a continuing appropriation budget on a month by month basis if Agawam has not approved a fiscal 93--94 operating budget for circumstances beyond Agawam's control, and ' WHEREAS, Due to circumstances beyond Agawam' s control it is necessary to adopt a continuing appropriation budget for August, 1993 until approval of the fiscal year 1994 annual ' operating budget; and w OW TO HEREBY N THEREFORE, THE AGAWAM TOWN COUNCIL 1 RESOLVES: That pursuant to the provisions of Chapter 36 of the Acts of 1993 , a continuing appropriation budget for August, 1993 to ' raise the necessary revenue for the necessary expenditures for the operation of the Town, is hereby adopted until approval of the fiscal year 1994 annual operating budget. DATED THIS EIGHTH DAY OF JULY , 1993. PER ORDER OF THE AGAWAM TOWN COUNCIL Jade D. Tay l Y President APPROVED AS TO FORM- AND LEGALITY 6h2"ocke, or MAYORAL ACTION Received this EIGHTH day of JULY , 1993 from Town Council Clerk. (Signed by Council President) ' APPROVAL OF LEGISLATION By the powers vested in me pursuant to Article 3 , Section 3-6 of the Agawam Charter, as amended, I hereby approve the p �sage of the above legislation on this Eighth day of u y 1993. r ttaof F stopher J son, Mayor ; tSAPPROVAL OF LEGISLATION By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Charter, as amended, I hereby veto the passage 'of the above legislation on this day of 1993 for the following reason(s) : Christopher C. Johnson, Mayor RETURN OF -LEGISLATION TO COUNCIL CLERK Returned to Council Clerk this Eighth day of _July 1993 . 1��q3 EMERGENCY PREAMBLE r An emergency budgetary action is required under Section 2W913 of the adopted Charter of the Town of Agawam to enable the Town to meet its financial obligation. Due to the severity of the Commonwealth's, as well as local financial crisis, it is mandatory that all precautions and controls be made to ensure the fiscal stability for the future of Agawam and its inhabitants. In order to ensure this end and protect the financial interest of the citizens and taxpayers of the Town of Agawam, it is necessary to adopt the emergency measure to provide for continuing appropriation budget for the month of August, 1993. 1 r r r r r r r r