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HomeMy WebLinkAboutOrdinance - 2024-O0092 - Budget Ordinance Amendment 37, Traffic Capital Improvement Project Fund - 07/09/2024First Reading June 25, 2024 Item No. 6.4 Second Reading July 9, 2024 Item No. 6.3 ORDINANCE NO. 2024-00092 AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE TRAFFIC CIP 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 #37) for municipal purposes, as follows: Establish Capital Improvement Project 8700, SL88/FM1585 (130`" Street) @ US87, and appropriate $87,050 for traffic signals. The project will be funded by the Texas Department of Transportation. 11. Establish Capital Improvement Project 8701, 114�h Street & Memphis Avenue, and appropriate $56,650 for tra�c signals. The project will be funded by the Texas Department of Transportation. 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_ __ _____ June 25, 2024 Passed by the City Council on second reading on July 9, 2024 F � � ���� � MARK M RAYER, MAY R ATTEST: Courtney Paz City Secretary APPROVED AS TO CONTENT: ' �.�+C�-� Cheryl Brock Interim Chief Financial Offcer :":• � : • •:►i De City Attorney ccdocsl IlBudgetFY23-24.Amend37.ord