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HomeMy WebLinkAboutOrdinance - 2026-O0083 - Bell Farms PID Fund - 07/28/2026First Reading Second Reading July 14, 2026 July 28, 2026 Item No. 5.2 Item No. 5.2 ORDINANCE NO. 2026-O0083 AN ORDINANCE AMENDING THE PY 2025-26 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE BELL FARMS PUBLIC IMPROVEMENT DISTRICT FUND; PROVIDING FOR FILING; AND PROVIDING FOR A SAVINGS CLAUSE WHEREAS, Section 102.010 of the Local Government Code of the State of Texas authorizes the City Council to make changes in the budget for municipal purposes; and WHEREAS, in accordance with the City Budget Ordinance the City Council shall approve all transfers between funds; and WHEREAS, the City Council deems it advisable to change the FY 2025-26 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, THAT: SECTION 1. The City Council of the City of Lubbock hereby approves changes to the City of Lubbock Budget FY 2025-26 (Budget Amendment #32) for municipal purposes, as follows: Amend FY 2025-26 Bell Farms Public Improvement District (PID) Budget by increasing the appropriation for Public Improvements by $49,686, from $250,000 to $299,686. Funding will be from the Bell Farms Public Improvement District (PID) Fund balance. SECTION 2. A copy of the changes made to the City of Lubbock Budget pursuant to this Ordinance shall be filed with the City Secretary and County Clerk of Lubbock as required by law. SECTION 3. Should any section, paragraph, sentence, clause, phrase or word of this Ordinance be declared unconstitutional or invalid for any reason, the remainder of this Ordinance shall not be affected thereby. AND IT IS SO ORDERED Passed by the City Council on first reading on July 14, 2026 Passed by the City Council on second reading on July 28, 2026 " 'TEST: Courtney Paz City Secretary APPROVED AS TO CONTENT: Joe Jim ez Chief Financial Officer APPROVED AS TO FORM: �� Matt ade, City Attorney ccdocs III[3udgetFY25-26BAN32 July 14, 2026