HomeMy WebLinkAboutOrdinance - 2011-O0010 - AMENDMENT TO FY 2010-11 BUDGET 2 - 01/27/2011First Reading
January 27, 2011
Item No. 5.2
ORDINANCE NO. 2011-00010
Second Reading
February 10, 2011
Item No. 5.1
AN ORDINANCE AMENDING THE FY 2010-11 BUDGET FOR
MUNICIPAL PURPOSES RESPECTING THE CAPITAL PROGRAM TO AMEND
CAPITAL IMPROVEMENT PROJECT NO. 92254, NORTH OVERTON TAX
INCREMENT FINANCING REINVESTMENT ZONE (TIF) PUBLIC
IMPROVEMENTS.
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 2010-11
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 2010-11 (Budget Amendment #5) for
municipal purposes, as follows:
Amend Capital Improvement Project No. 92254, North Overton TIF
Public Improvements, by increasing the appropriation by $161,765,
from $65,485 to $227,250 for the installation of landscaping in the
right-of-way for a proposed grocery store and restaurant.
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 January 27, 2011
Passed by the City Council on second reading on February 10, 2011
TOM MARTIN, MAYOR
ATTEST:
Rebe ca Garza
City Secretary
APPROVED' -AS -TO CONTENT:
Andy Burc am
Chief Financial Officer
APPROVED AS TO FORM:
Attorney
ccdocs/BudgetFY 1011.Amend5.ord
1/20/11