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HomeMy WebLinkAboutOrdinance - 2018-O0080 - Budget Ordinance Amendment 20 - 07/26/2018First Reading July 12, 2018 Item No. 6.2 ORDINANCE N0.2018-00080 Second Reading July 26, 2018 Item No. 6.1 AN ORDINANCE AMENDING THE FY 2017-18 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 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 #20) for municipal purposes, as follows: I. Approve the amendments to the adopted FY 2017-18 Operating Budget for MLI — Lubbock Convention and Visitors Bureau as shown in Exhibit A. I1. Approve the amendments to the adopted FY 2017-18 Operating Budget for MLI — Lubbock Sports Authority as shown in 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 IT IS SO ORDERED Passed by the City Council on first reading on July 12, 2018 Passed by the City Council on second reading on July 26, 2018 � Y DANIEL M. POPE, MAYOR ATTEST: Reb ca Garza City cretary APPROVED AS TO CONTENT: DuK s elic Chief Financial Officer APPROVED AS TO FORM: my Sims Assist Jty Attorney ecdo&Budg IFY1718Amend20.urd June 22. 2018