The URL can be used to link to this page

Home My WebLink AboutOrdinance - 2018-O0057 Budget Amendment 13 - Amending The FY 2017-18 Budget - 05/10/2018First Reading May 10, 2018 Item No. 6.2 ORDINANCE NO. Second Reading May 24, 2018 Item No. 5.1 AN ORDINANCE AMENDING THE FY 2017-18 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE CAPITAL PROGRAM TO AMEND CAPITAL IMPROVEMENT PROJECT (CIP) 92470, SUBSTATION REBUILD — OLIVER; AMEND CIP 92484, SUBSTATION UPGRADES; ESTABLISH CIP 92560, 115 kV LINE CONSTRUCTION — RED RAIDER TAP; ESTABLISH CIP 92561, 345 kV TRANSMISSION LINE; AMEND FULL-TIME EQUIVALENT (FTE) POSITIONS IN CUSTOMER SERVICE AND INCREASE APPROPRIATION; AMEND FTE POSITIONS IN PRODUCTION REGIONAL MARKET ADMINISTRATION AND COMPLIANCE AND DECREASE APPROPRIATION; AMEND FTE POSITIONS IN DISTRIBUTION LOAD DISPATCHING AND DECREASE APPROPRIATION; 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 departments; and WHEREAS, the City Council deems it advisable to change the FY 2017-18 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 2017-18 (Budget Amendment #13) for municipal purposes, as follows: I. Amend Capital Improvement Project 92470, Substation Rebuild — Oliver, by decreasing the appropriation by $2,000,000, from $2,155,000 to $155,000; decreasing the FY 2018 30-year LP&L Revenue Bonds by $1,555,000; and decreasing the FY 2017 LP&L 30-year Revenue Bonds by $445,000. II. Amend Capital Improvement Project 92484, Substation Upgrades — by decreasing the appropriation by $2,400,000, from $4,125,000 to $1,725,000, and decreasing FY 2018 30-year LP&L Revenue Bonds by $2,400,000. III. Establish Capital Improvement Project 92560, 115kV Line Construction - Red Raider Tap, and appropriate funding in the amount of $400,000. The funding will be FY 2018 30-year LP&L Revenue Bonds. The project scope and justification is as follows: Project Scope: LP&L requires a new substation, Red Raider, to be built. This scope addresses the new 115kV transmission line tap between the new substation Red Raider and the existing Vicksburg to Brandon 115kV transmission line. The new transmission tap will be built to 115kV specifications. It will tap off of the existing Vicksburg to Brandon 115kV transmission line, which will be rebuilt from the tap to Vicksburg. This scope of work only addresses the tap between Red Raider substation and Vicksburg to Brandon I I5kV transmission line. The new Red Raider substation is to be located off of Quaker Avenue (FM 2000), to the Northwest of the intersection of 4th Street. It is located next to Texas Tech University's agriculture research center. The Vicksburg to Brandon transmission line runs north — south paralleling Quaker Avenue. The transmission line conductor is planned to be 959.6 aluminum conductor steel supported thermal wire (ACSS/TW) with an optical ground wire (OPGW) static neutral wire. However, the final determination of the conductor is subject to change based on the engineering analyses of the physical construction. The primary factor to consider is the percent loading of the line and the effective sag it has on the line. The transmission line total cost per mile will be approximately $1.6 million. The project includes the estimated engineering, ROW acquisition, material, and construction cost associated with constructing the transmission line. Project Justification: Red Raider Tap is a project required to be completed in order for the new Red Raider Substation to be connected to LP&L's current 69 kV Transmission System. The project is not as close to the sub as originally planned and this project is needed to connect the substation to the existing transmission system. IV. Establish Capital Improvement Project 92561, 345kV Transmission Line, and appropriate funding in the amount of $4,000,000. The funding will be $3,555,000 FY 2018 30-year LP&L Revenue Bonds and $445,000 FY 2017 30-year LP&L Revenue Bonds from Capital Improvement Project 92470, Substation Rebuild — Oliver. The project scope and justification is as follows: Project Scope: The configuration for the incremental facilities required to transition the portion of load moving from SPP to ERCOT assumes that the four 230 kV interconnections with SPS will be eliminated and replaced with three 345 kV interconnection points within the ERCOT system. The Wadsworth interconnection (also see #92475) will be converted to a 345/115 kV interconnection, and the station will be fed from the Abernathy —Wadsworth — Oliver —Farmland 345kV line. The interconnection at McDonald will be eliminated and replaced by a 345/115 kV interconnection at a proposed LP&L North 115 kV station (also see #92474). This interconnection will be fed from the Abernathy —North 345 kV line. To the south, the LP&L system will no longer be fed from the Southeast station. Instead, two new 115 kV lines will be sourced from the new Oliver 345 kV station (also see #92473) and will feed the LP&L Chalker and LP&L Oliver stations. These lines will be constructed by a third party, and LP&L will reimburse the third party for related expenses. Project Justification: Through its studies, ERCOT has concluded that the proposed integration facilities plan (Option 4ow) aligns well with the 2014 Panhandle Roadmap Stage 2 upgrade from Ogallala to Long Draw and that it integrates LP&L load into ERCOT while meeting applicable reliability criteria, has the lowest societal cost when considering capital cost and production costs, provides for the largest Panhandle export increase, and provides greater opportunities for ERCOT expansion. V. Amend the Customer Service cost center 7515 by adding seven full time Utility Service Operator positions and one Utility Operations Coordinator position. VI. Amend the Customer Service cost center 7515 by increasing the appropriation for eight full-time positions by $390,209. VII. Amend the Customer Service cost center 7515 by increasing the appropriation for computer/telephone equipment and professional services by $33,131. VIII. Amend the Production Regional Market Administration & Compliance cost center 7317 by eliminating three full time Power Plant Control Room Operator positions. IX. Amend the Production Regional Market Administration & Compliance cost center 7317 by decreasing the appropriation for three full-time positions by $269,448. X. Amend the Distribution Load Dispatching cost center 7414 by eliminating two full time SCADA Operator/Dispatcher positions. XI. Amend the Distribution Load Dispatching cost center 7414 by decreasing the appropriation for two full-time positions by $153,892. 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 Passed by the City Council on first reading on May 10, 2018 Passed by the City Council on second reading on May 24, 2018 r JEFF GRI FITH, MAYOR PRO TEM ATTEST: t*YN fv Rebecca Garza City Secretary APPROVED AS TO CONTENT: D. u Kostelich Chief Financial Officer APPROVED AS TO FORM: Amy - AssfAt C' Attorney ccdocsBudgetFY 1718.Amend I lord 4/27/ 18