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HomeMy WebLinkAboutOrdinance - 2024-O0023 - Budget Ordinance Amendment 13, Streets Capital Project Fund - 03/05/2024First Reading February 27, 2024 Item No. 7.4 Second Reading March 5, 2024 Item No. 5.1 ORDINANCE NO. 2024-00023 AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE STREETS CAPITAL PROJECT FUND; PROF 11)1 N U OR 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 2023-24 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 hereby approves changes to the City of Lubbock Budget FY 2023-24 (Budget A:iicndinont #13) for municipal purposes, as follows: I. Establish Capital Improvement Project 92818, 66"' Street from Alcove Avenue to Upland Avenue, and appropriate $4,200,000 for the design and acquisition of right-of-way for the street. The funding will be FY 2024 General Obligation Bonds 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 February 27, 2024 Passed by the City Council on second reading on March 5, 2024 HELIA PATTERSON HARRIS, MAYOR PRO TEM ATTEST: �74, f. Courtney Paz City Secretary APPROVED AS TO CONTENT: D. lu Kost ich Chief Financial Officer APPROVED AS TO FORM: Amy n De &Y<ity Attorney ccdocslUBudgetFY23-24.Amend 13.ord February 13, 2024