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HomeMy WebLinkAboutOrdinance - 2024-O0074 - BO Amendment 32, Parks Capital Project Fund - 06/11/2024First Reading May 28, 2024 Item No. 7.5 Second Reading June 11, 2024 Item No. 5.3 ORDINANCE NO. 2024-00074 AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE PARKS CAPITAL PROJECT FUND; 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 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 Lubbock hereby approves changes to the City of Lubbock Budget FY 2023-24 (Budget Amendment #32) for municipal purposes, as follows: Establish Capital Improvement Project 92860, Tom Martin Sports Complex Expansion and appropriate $8,000,000. Funding is from Market Lubbock, Inc. 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 May 28, 2024 Passed by the City Council on second reading on_ ___ June 11, 2024 AYOR . --- -- - - -- ATTESI': Courtney Paz City Secretary APPROVED AS TO CONTENT: � �� i D. Blu K lich Chief Fi ancial Of APPROVED AS TO FORM: A s ty City Attorney ccdocsl IlBudgetFY23-24. Amend32. ord May I5, 2024