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HomeMy WebLinkAboutOrdinance - 2021-O0017 - Budget Amendment #9First Reading February 9, 2021 Item No. 6.2 ORDINANCE NO. 2021-00017 Second Reading February 23,2021 Item No. 7.1 ORDINANCE AMENDING THE FY 2020-21 BUDGET FOR MUNICIPAL PURPOSES ;PECTING THE GENERAL CAPITAL FUND TO ESTABLISH CAPITAL 'ROVEMENT PROJECT 8662 MCALISTER PARK PLANNING AND SUPPORT JDS, AND APPROPRIATE FUNDING; PROVIDING FOR FILING; AND PROVIDING t A SAVINGS CLAUSE. WHEREAS, Section 102.010 of the Local Government Code of the State of Texas zes 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 all transfers between funds; and WHEREAS, the City Council deems it advisable to change the FY 2020-21 Budget for ipal purposes and reallocate funds as follows; NOW, THEREFORE, IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the City Council of the City of Lubbock hereby approves changes o the City of Lubbock Budget FY 2020-21 (Budget Amendment #9) for municipal purposes, as Follows: I. Establish Capital Improvement Project 8662, McAlister Park Planning and Support Funds, and appropriate funding in the amount of $100,000. Funding will be from Market Lubbock Inc. SECTION 2.THAT 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. THAT 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 by the City Council on first reading on February 9, 2021 by the City Council on second reading on February 23, 2021 TTEST: AS TO CONTENT: I Kostelich Financial Officer AS TO FORM: Attorney WdgetFY2021.Amend9.ord 25, 2021