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HomeMy WebLinkAboutOrdinance - 2023-O0014 - Budget Amendment #12 - 02/28/2023First Reading February 14, 2023 Item No. 5.5 ORDINANCE NO. 2023-00014 Second Reading February 28, 2023 Item No. 5.3 AN ORDINANCE AMENDING THE FY 2022-23 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GATEWAY STREETS FUND TO APPROPRIATE FUNDING FOR CAPITAL IMPROVEMENT PROJECT 92625, INDIANA AVENUE FROM 130TH STREET TO 146TH STREET; PROVIDING FOR FILING; 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 2022-23 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 2022-23 (Budget Amendment # 12) for municipal purposes, as follows: I. Amend Capital Improvement Project 92625, Indiana Avenue from 130t' Street to 14611 Street, and appropriate funding in the amount of $35,459, from $8,100,000 to $8,135,459. Funding will be from Lubbock County. 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, February 14, 2023 February 28, 2023 U r�'e TRAYIKAY,� AYOR A EST: — ti � E i LL( Re cca Garza City Secretary APPROVED AS TO CONTENT: D. Blu Ko elich Chief Financial Officer APPROVED AS TO FORM: Amy Si Dep ity Attorney ccdocs/BudgetFY22-23.Amend 12.ord February 7, 2023