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TR-2011-61 APPROP TO WASTE WATER LIS 0 71VX TR-2011-61 A RESOLUTION APPROPRIATING $492,993.00 FROM THE AGAWAM WASTEWATER DEPARTMENT FUND AVAILABLE FUNDS TO THE AGWAWAM WASTEWATER DEPARTMENT OPERATIONS Sponsored by: Mayor Richard A. Cohen WHEREAS, the actual revenue for fiscal year 2011 was $2,860,431.00, and the anticipated revenue for fiscal year 2012, as set forth in the budget is $3,353,424.00; and WHEREAS the Massachusetts Department of Revenue will not allow anticipated revenue to exceed prior year revenue; and WHEREAS there is $1,083,629.00 in the Agawam Wastewater Enterprise Fund available for the purposes stated herein; and WHEREAS, $492,993-00 is required to be appropriated from said enterprise available funds to fund the difference between the actual fiscal year 2011 revenue of $2,860,431.00 and the fiscal year 2012 budget of$3,353,424.00; and WHEREAS, any additional fiscal year 2012 Agawam Wastewater revenue will become available funds; and WHEREAS, it is in the best interest of the taxpayers and the City to appropriate said $492,993.00 from said enterprise fund and to not have the tax levy supplement or subsidize the Agawam Wastewater budget; and NOW THEREFORE, THE AGAWAM CITY COUNCIL hereby resolves, authorizes and appropriates $492,993.00 from the Agawam Wastewater Fund Balance, account 22500- 31510, to Agawam Wastewater appropriations and operations, account 22500-29100. DATED THIS 5q-k- DAY OF Ike vAyr 2011. PER ORDER OF THE AGAWAM TOWN COUNCIL vtob ��Uc vt Donald M. Rheault, President U CAOVEDLTO FORIM AND LEGALITY P f �Iincen�(7 i'lo—scia, City Solicitor 'Frio S'LA'i'4' MAYORAL ACTION Received this -day of jjalm 2011 from Council Clerk. Signed by Council President this , r�+ day of I�U ffi,�K, 2011. APPROVAL OF LEGISLATION By the powers vested in me pursuant to Article 3, Section 3-6 of the Ag Charter, as Wended, 4 hereby approve the passage of the above legislation on this -0 day of ttC_, 2011. 4zld- dL-- Richard A. Cohen, Mayor DISAPPROVAL 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 2011 for the following reason(s). Richard A. Cohen, Mayor RETURN OF LEGISLATION TO COUNCIL CLERK Returned to Council Clerk this day of-")e 2011. TR-2011-61 A RESOLUTION APPROPRIATING $492,993.00 FROM THE AGAWAM WASTEWATER DEPARTMENT FUND AVAILABLE FUNDS TO THE AGWAWAM WASTEWATER DEPARTMENT OPERATIONS Sponsored by: Mayor Richard A. Cohen WHEREAS, the actual revenue for fiscal year 2011 was $2,860,43 1.00, and the anticipated revenue for fiscal year 2012, as set forth in the budget is $3,353,424.00; and WHEREAS the Massachusetts Department of Revenue will not allow anticipated revenue to exceed prior year revenue; and WHEREAS there is $1,083,629.00 in the Agawam Wastewater Enterprise Fund available for the purposes stated herein; and WHEREAS, $492,993.00 is required to be appropriated from said enterprise available funds to fund the difference between the actual fiscal year 2011 revenue of$2,860,43 1.00 and the fiscal year 2012 budget of$3,353,424.00; and WHEREAS, any additional fiscal year 2012 Agawam Wastewater revenue will become available funds; and WHEREAS, it is in the best interest of the taxpayers and the City to appropriate said $492,993.00 from said enterpri'se fund and to not have the tax levy supplement or subsidize the Agawam Wastewater budget; and NOW THEREFORE, THE AGAWAM CITY COUNCIL hereby resolves, authorizes and appropriates $492,993.00 from the Agawam Wastewater Fund Balance, account 22500- 31510, to Agawam Wastewater appropriations and operations, account 22500-29100. DATED THIS DAY OF 2011. PER ORDER OF THE AGAWAM TOWN COUNCIL Donald M. Rheault, President rA .OVED TO FORM AND LEGALITY �Vinceddi'os—cia, City Solicitor TR-2011-61 A RESOLUTION APPROPRIATING $492,9/310 FROM THE AGAWAM WASTEWATER DEPARTMENT FUND AVAILABLE FUNDS TO THE AGWAWAM WASTEWATER DEPARTMENT OPERATIONS Sponsored by: Mayor Richard A. Cohen WHEREAS, the actual revenue for fiscal year 2011 was $2,860,431.00, and the anticipated revenue for fiscal year 2012, as set forth in the budget is $3,353,424.00; and WHEREAS the Massachusetts Department of Revenue will not allow anticipated revenue to exceed prior year revenue; and WHEREAS there is $1,083,629.00 in the Agawam Wastewater Enterprise Fund available for the purposes stated herein; and WHEREAS, $492,993.00 is required to be appropriated from said enterprise available funds to fund the difference between the actual fiscal year 2011 revenue of $2,860,43 1.00 and the fiscal year 2012 budget of$3,353,424.00; and WHEREAS, any additional fiscal year 2012 Agawam Wastewater revenue will become available funds; and WHEREAS, it is in the best interest of the taxpayers and the City to appropriate said $492,993.00 from said enterprise fund and to not have the tax levy supplement or subsidize the Agawam Wastewater budget; and NOW THEREFORE, THE AGAWAM CITY COUNCIL hereby resolves, authorizes and appropriates $492,993.00 from the Agawam Wastewater Fund Balance, account 22500- 31510, to Agawam Wastewater appropriations and operations, account 22500-29100 DATED THIS DAY OF PER ORDER OF THE AGAWAM TOWN COUNCIL Donald M. Rheault, President rAR VE S TO FORM AND LEGALITY VincenRjYoscia, City Solicitor