Legislation # 10-0210 Enactment Number 1093
Type Ordinance - Non-Coded Effective Date none
Introduction Date 5/12/2010
Title An Ordinance to Adopt a Budget and Appropriate Monies for the Economic Development Fund for the Fiscal year Beginning July 1, 2010 and Ending June 30, 2011.
 
Legislation History 10-0210
DateNotice Of ActionDescription
10/14/2010 Enactment Number 1093
5/12/2010 Adopted
5/4/2010 Received By Clerk's Office
 
View Attachments 10-0210
FileTypeSizeDescription
Economic_Dev-ORDINANCE.xls Other 29K Ordinance
 
Legislation Text 10-0210

 

City of Hampton, Virginia

Ordinance - Non-Coded

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 10-0210

 

Enactment Number: 1093

 

An Ordinance to Adopt a Budget and Appropriate Monies for the Economic Development Fund for the Fiscal year Beginning July 1, 2010 and Ending June 30, 2011.

 

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 2011 commencing July 1, 2010 and ending June 30, 2011.

 

REVENUES

 

Rental Income

 

$112,000

Economic Development Fund Balance

 

303,000

UDAG Fund Balance

 

200,000

Total Revenue

 

$615,000

 

APPROPRIATIONS

 

Small Business Incubator Operations

 

245,000

ODU Langley Full Scale Wind Tunnel

 

20,000

NASA Aeronautics Support Team

 

150,000

Blighted Property Acquisition (UDAG)

 

200,000

Total Appropriation

 

$615,000

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on May 12, 2010.

 

 

 

Signed by ____________________________ Date _________________

Molly Joseph Ward, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass, CMC

Clerk of the Council