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HomeMy WebLinkAboutOrdinance - 2022-O0004 - Budget Amendment #8 - 01/11/2022First Reading January 11, 2022 Item No. 7.4 ORDINANCE NO. 2022-00004 Second Reading January 25, 2022 Item No. 7.4 AN ORDINANCE AMENDING THE FY 2021-22 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GRANT FUND TO ESTABLISH AND APPROPRIATE FUNDING FOR CAPITAL PROJECT 92756 CIVIC PARK; 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 2021-22 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 2021-22 (Budget Amendment #8) for municipal purposes, as follows: I. Establish Capital Improvement Project 92756, Civic Park, and appropriate funding in the amount of $1,000,000. The funding will be from a $500,000 CH Foundation grant, and $500,000 Helen Jones Foundation grant. 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 Passed by the City Council on second reading on January 11, 2022 January 25, 2022 DANIEL M. POPE, MAYOR ATTEST: A- Rebtcca Garza City Secretary APPROVED AS TO CONTENT: ELe-n�? D. Blu Kostelich Chief Financial Officer APPROVED AS TO FORM: v-GcC Z Amy Sims Deputy City Attorney ccdocs/BudgetFY2122.Amend8. ord December 22, 2021