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HomeMy WebLinkAboutOrdinance - 2011-O0001 - AMENDMENT TO FY 2010-11 BUDGET - 01/13/2011First Reading January 13, 2011 Item No. 5.1 ORDINANCE NO. 2011-00001 Second Reading January 27, 2011 Item No. 5.1 AN ORDINANCE AMENDING THE FY 2010-11 BUDGET FOR NICIPAL PURPOSES RESPECTING THE GRANT FUND TO ACCEPT AND 'ROPRIATE FROM THE TEXAS DEPARTMENT OF HOUSING AND AMUNITY AFFAIRS (TDHCA) FOR THE COMPREHENSIVE ENERGY �ISTANCE PROGRAM GRANT; ACCEPT AND APPROPRIATE FROM THE ICA FOR THE COMMUNITY SERVICES BLOCK GRANT; ACCEPT AND ROPRIATE FROM THE TDHCA FOR THE DEPARTMENT OF ENERGY ) WEATHERIZATION ASSISTANCE PROGRAM GRANT; RESPECTING 'MASTER LEASE PROGRAM BY REPLACING A 30-FOOT GRAIN DRILL 'H A DISC PLOW; RESPECTING THE LUBBOCK BUSINESS PARK TAX REMENT FINANCING REINVESTMENT ZONE (TIF) FUND BY ABLISHING A BUDGET AS PRESENTED IN EXHIBIT A; RESPECTING RISK MANAGEMENT INTERNAL SERVICE FUND TO TRANSFER IDS TO THE GRANT FUND FOR EXPENDITURES RELATED TO tRICANE ALEX; RESPECTING THE GRANT FUND TO RE -APPROPRIATE IDS FROM HURRICANE KATRINA TO HURRICANE ALEX FOR 'ENDITURES RELATED TO HURRICANE ALEX; AND ACCEPT AND 'ROPRIATE FUNDING FROM THE FEDERAL EMERGENCY NAGEMENT AGENCY (FEMA) FOR EXPENDITURES RELATED TO tRICANE ALEX. WHEREAS, Section 102.010 of the Local Government Code of the State of authorizes the City Council to make changes in the budget for municipal -.s: and WHEREAS, in accordance with the City Budget Ordinance the City Council approve all transfers between funds and departments; and WHEREAS, the City Council deems it advisable to change the FY 2010-11 for municipal purposes and reallocate funds as follows; NOW, THEREFORE, IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the City Council of the City of Lubbock hereby approves s to the City of Lubbock Budget FY 2010-11 (Budget Amendment #4) for )al purposes, as follows: I. Accept and appropriate $689,121 from the TDHCA for the Comprehensive Energy Assistance Program Grant. II. Accept and appropriate $85,836 from the TDHCA for the Community Services Block Grant. 111. Accept and appropriate an additional $50,180 from the TDHCA for the Department of Energy Weatherization Assistance Program Grant. IV. Regarding the FY 2010-I1 Master Lease Program, replace one 30- foot grain drill with a disc plow for the Wastewater Fund. V. Establish an operating budget for the Lubbock Business Park Tax Increment Financing Reinvestment Zone (TIF) with funding sources totaling $18,500 and appropriation totaling $12,100 as outlined in Exhibit A. VI. Accept and appropriate $292,683 from FEMA for damages to City property that were incurred during Hurricane Alex. Furthermore, appropriate $109,371 in the Grant Fund, for expenditures not covered by FEMA, which are related to damages to City property that were incurred during Hurricane Alex. Transfer $64,631 from the Risk Management Fund to the Grant Fund (Hurricane Alex) and re - appropriate $44,740 within the Grant Fund (from Hurricane Katrina to Hurricane Alex) as funding sources for these expenditures. SECTION 2. THAT a copy of the changes made to the City of Lubbock dget pursuant to this Ordinance shall be filed with the City Secretary and County :rk of Lubbock as required by law. SECTION 3. THAT should any section, paragraph, sentence, clause, phrase word of this Ordinance be declared unconstitutional or invalid for any reason, the nainder of this Ordinance shall not be affected thereby. "N93186ST001wlpy":) by the City Council on first reading on January 13, 2011 by the City Council on second reading on January 27, 2011 TOM MARTIN, MAYOR Secretary AS TO CONTENT: Financial Officer AS TO FORM: Attorney O11,Amend4.ord.v2