Legislation # 15-0151 Enactment Number 1196
Type Ordinance - Non-Coded Effective Date none
Introduction Date 4/29/2015
Title An Ordinance to Adopt a Budget and Appropriate Monies for the General Expenses of the Economic Development Fund for the Fiscal Year Beginning July 1, 2015 and Ending June 30, 2016.
 
Legislation History 15-0151
DateNotice Of ActionDescription
7/13/2015 Enactment Number 1196
5/13/2015 Adopted on First and Final Reading
4/29/2015 No Action Required - read only.
4/23/2015 Received By Clerk's Office
 
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Legislation Text 15-0151

 

City of Hampton, Virginia

Ordinance - Non-Coded

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 15-0151

 

Enactment Number: 1196

 

An Ordinance to Adopt a Budget and Appropriate Monies for the General Expenses of the Economic Development Fund for the Fiscal Year Beginning July 1, 2015 and Ending June 30, 2016.

 

BE IT ORDAINED by the City Council of the City of Hampton, Virginia, that the following appropriation is hereby made for the ECONOMIC DEVELOPMENT FUND for Fiscal Year 2016 commencing July 1, 2015 and ending June 30, 2016.

 

REVENUES

 

 

Rental Income

 

$88,818

Economic Development Fund Balance

 

231,182

Total Revenue

 

$320,000

 

 

 

APPROPRIATIONS

 

 

Small Business Incubator Operations

 

$245,000

NASA Aeronautics Support Team

 

75,000

Total Appropriation

 

$320,000

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on May 13, 2015.

 

 

 

Signed by ____________________________ Date _________________

George E. Wallace, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass, CMC

Clerk of the Council