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Legal Notices

Posted on: September 30, 2022

Ordinance 22-032

Ordinance 22-032

 

An Ordinance Authorizing Budget Amendment No. 8 to the 2022 Budget

 

 

Be It Ordained by the City of Brookings, South Dakota:

 

Whereas State Law (SDCL 9-21-7) and the City Charter (4.06 (a)) permit supplemental appropriations provided there are sufficient funds and revenues available to pay the appropriation when it becomes due.

 

Now, Therefore, Be It Resolved by the City Council that the City Manager be authorized to make the following budget adjustments to the 2022 budget:

 

Dept. / Fund

Budgetary Account

Account Name

Increase / (Decrease) Amount

Description

TIF 1 – Innovation Campus

314-000-5-601-00

Principal Payment

$359,707.37

SRF Loan Payoff

TIF 1 – Innovation Campus

314-000-5-602-00

Interest Payment

$2,276.50

SRF Loan Payoff

 

All Ordinances or parts of Ordinances in conflict herewith are hereby repealed.

 

First Reading:           September 13, 2022

Second Reading:     September 27, 2022            

Published:                 September 30, 2022

 

CITY OF BROOKINGS, SD

 

 

                                                                        

Oepke G. Niemeyer, Mayor

ATTEST:

 

 

                                                                        

Bonnie Foster, City Clerk

 

 

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