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<br />ORDJN <br /> <br />E NO.2 0 1.~ :.~_~ <br /> <br />AN ORDINANCE TO TRANSFER $450,000 FROM THE FY 2011-12 GENERAL <br />FUND OPERATING BUDGET AND TO APPROPRIATE SAID AMOUNT IN <br />THE FY 2011-12 CAPITAL IMPROVEMENT FUND FOR THE CRADOCK <br />RECREATIONAL FACILITIES IMPROVEMENTS. <br /> <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br /> <br />1. That it hereby authorizes the transfer of $450,000 from the FY 2011-12 <br /> <br />General Fund Operating Budget and appropriates said amount in the FY 2011-12 Capital <br /> <br />Improvement Fund. <br /> <br />2. That estimated revenues in the FY 2011-12 Capital Improvement Fund are <br /> <br />increased by $450,000. <br /> <br />3. That this ordinance shall take effect on the date of its adoption. <br /> <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br /> <br />on June 26,2012. <br /> <br />Teste: <br /> <br />City Clerk <br />