HomeMy WebLinkAboutOrdinance - 2013-O0035 - LPL Fund - 04/04/2013First Reading
March 28, 2013
Item No. 5.3
Second Reading
April 4, 2013
Item No. 1.4
ORDINANCE NO. 2013-00035
AN ORDINANCE AMENDING THE FY 2012-13 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE LUBBOCK POWER AND LIGHT (LP&L) FUND
TO AMEND THE LP&L OPERATING BUDGET FOR ELECTRIC PRODUCTION
MAINTENANCE; 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 2012-13
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 2012-13 (Budget Amendment # 19) for
municipal purposes, as follows:
I. Amend the Lubbock Power and Light Operating budget for Electric
Production Maintenance by increasing $1,000,000, from $3,895,267 to
$4,895,267. The funding source is Lubbock Power and Light Operating Fund
net assets.
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 March 28, 2013
Passed by the City Council on second reading on _April 4, 2013
GVI�W C: RO13ERTSON, MAYOR
iI
[AT-TEST-:,-
Rebe ca Garza
city -Secretary
APPR(9�D AS TO CONTENT:
OJU411�c P-)�
Cheryl Brock
Executive Director of Budget
APPROVED AS TO FORM:
Amy Si
Assist t City Attorney
ccdocs/Budgc1FY 1213.Amend 19.ord
March 18, 2013
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