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HomeMy WebLinkAboutOrdinance - 2013-O0050 - Market Lubbock,Inc - 06/27/2013First Reading Second Reading May 9, 2013 June 27, 2013 Item No. 5.3 Item No. 5.4 ORDINANCE NO. 2013-00050 AN ORDINANCE AMENDING THE FY 2012-13 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE OPERATING BUDGET FOR MARKET LUBBOCK, INC. (MLI) — LUBBOCK CONVENTION AND VISITORS BUREAU (VISIT LUBBOCK) AND MLI — LUBBOCK SPORTS AUTHORITY; 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 #23) for municipal purposes, as follows: 1. Approve the amendments to the Adopted FY 2012-13 Operating Budget for Market Lubbock, Inc. (MLI) — Lubbock Convention and Visitors Bureau, as illustrated in Exhibit A. 2. Approve the amendments to the Adopted FY 2012-13 Operating Budget for MLI — Lubbock Sports Authority, as illustrated by Exhibit A. 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 1T 1S SO ORDERED Passed by the City Council on first reading on _may 9, 2013 Passed by the City Council on second reading on junPZ. 701 — ATTEST: Rebe ,ca Garza City Kcretary APPROVED AS TO CONTENT: Cheryl trock Executive Director of Budget APPROVED AS TO FORM: ti Amy,s As ' t City Attorney ccdocs/BudgetFY 1213.Amend2lord