Loading...
HomeMy WebLinkAboutOrdinance - 2024-O0102 - Budget Ordinance Amendment 42, Operating Budget Market Lubbock Inc - 07/23/2024First Reading July 9, 2024 Item No. 6.8 ORDINANCE NO. 2024-00102 Second Reading July 23, 2024 Item No. 6.3 AN ORDINANCE AMENDING THE FY 2023-24 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE OPERATING BUDGET FOR MARKET LUBBOCK INC. (MLI) — VISIT LUBBOCK AND SPORTS AUTHORITY; 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 finds; 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 #42) for municipal purposes, as follows: Amend the FY 2023-24 MLI — Visit Lubbock and Sports Authority Operating Budget as shown in Exhibit A. 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 July 9, 2024 Passed by the City Council on second reading on July 23, 2024 )M-,, A -Z MARK W. MCBRAYE MAYOR ATTEST: — A Ay\ W�r Courtney Paz City Secretary APPROVED AS TO CONTENT: eA44, - 44S)10� Cheryl Brock Interim Chief Financial Officer APPROVED AS TO FORM: - D ty City Attorney ecdocsl I/B udgetl-Y23-24.Ameiid42. ord .July 26, 2024