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HomeMy WebLinkAboutOrdinance - 2021-O0027 - Budget Amendment #16First Reading March 23, 2021 Item No. 6.6 ORDINANCE NO. 2021-00027 Second Reading April 13, 2021 Item No. 7.4 AN ORDINANCE AMENDING THE FY 2020-21 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GATEWAY CAPITAL FUND TO APPROPRIATE ADDITIONAL FUNDING FOR CAPITAL IMPROVEMENT PROJECT 92625 INDIANA AVENUE FROM 130TH STREET TO 146TH STREET; 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 2020-21 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE 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 to the City of Lubbock Budget FY 2020-21 (Budget Amendment #16) for municipal purposes, as follows: Amend CIP 92625, Indiana Avenue from 130th Street to 146th Street, and increase the appropriation and funding by $3,000,000 from $5,100,000 to $8,100,000. The additional funding will come from Lubbock County. SECTION 2.TI-IAT 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 Passed by the City Council on first reading on March 23, 2021 Passed by the City Council on second reading on April 13, 2021 DANIEL M. POPE, MAYOR ATTEST: Rebe a Garza City Secretary APPROVED AS TO CONTENT: D. Mu Kosielich Chief Financial Officer APPROVED AS TO FORM: Amy�� Zs Deputy City Attorney ccdocs/B udgetFY2021.Amend 16.ord March I I.2021