Loading...
HomeMy WebLinkAboutOrdinance - 2019-O0039 - Budget Amendment 13 - 04/09/2019 First Reading Second Reading March 26, 2019 April 9, 2019 Item No. 7.2 Item No. 7.2 ORDINANCE NO. 2019-00039 AN ORDINANCE AMENDING THE FY 2018-19 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE CAPITAL PROGRAM TO AMEND CAPITAL IMPROVEMENT PROJECT (CIP) 92583 – AUTOMATED METERING INFRASTRUCTURE; PROVIDING FOR FILING; AND PROVIDING FOR A SAVINGS CLAUSE. WHEREAS, Section 102.010 of the Local Goverrunent 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 2018-19 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF "fl-IE CITY OF LUBBOCK: SECTION 1. THAT the City Council of the City of Lubbock hereby approves changes to the City of Lubbock Budget FY 2018-19 (Budget Amendment #13) for municipal purposes, as follows: I. Amend Capital Improvement Project 92583. Automated Metering Infrastructure, by increasing the appropriation by $2,135,000, from $18,500,000 to $20,635,000. The funding source will be changed from FY 2019 20-Year Water/Wastewater Revenue CO's to Texas Water Development Board Bonds. 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 March 26, 2019 Passed by the City Council on second reading on__Aoril 9, 2019 L/11— DANIEL M. POPE, MAYOR ATTEST: Reetelcretary Garza City L) APPROVED AS TO CONTENT: J K—O - D. B u Kost ich Chief Financial Officer APPROVED AS TO FORM: i my s De y City Attorney ccdocs/BudgetPY I S 19.Amend 13.ord March 11,2019