HomeMy WebLinkAboutResolution - 4656 - Budget Changes - City Manager - Lease Financing Agreement, APC Equipment - 11_10_1994Resolution No. 4656
November 10, 1994
Item #11
RESOLUTION
WHEREAS, Section 102.010 of the Local Government Code of the State of Texas
authorizes City Councils to make changes in budgets for municipal purposes; and
WHEREAS, in accordance with the City Budget Ordinance, the City Manager is
authorized to make transfers between funds, accounts, departments or programs for City
purposes; and
WHEREAS, the City Council deems it advisable to change the budget for municipal
purposes and reallocate funds as follows; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the City Manager of the City of Lubbock is hereby authorized and directed to
make the following changes to the City of Lubbock Budget for municipal purposes:
$590,322.00 shall be provided from a Lease Financing Agreement, Airport Parking
Revenue and the Airport Parking Reserve to fund the "Automated Parking Control
Equipment" project in the Airport Capital Projects Fund.
THAT a copy of the changes made to the City of Lubbock Budget pursuant to this
Resolution shall be filed with the City Secretary and County Clerk of Lubbock County as required
by law.
APPROVED AS TO CONTENT:
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MkV Hindman, Director of Support Services
APPROVED AS TO FORM.
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V�aldMV&6-a�iver�,)Fir-st Assistan City Attorney
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November 3, 1994