HomeMy WebLinkAboutOrdinance - 2024-O0152 - BO Amendment 6, Amending The FY 2024-25 Capital Program - 12/10/2024First Reading
December 3, 2024
Item No. 7.3
Second Reading
December 10, 2024
Item No. 6.1
ORDINANCE NO. 2024-00152
AN ORDINANCE AMENDING THE FY 2024-25 BUDGET FOR MUNICIPAL PURPOSES
RESPECTING THE STREETS CAPITAL PROJECT FUND TO ESTABLISH APPROVED
PROJECTS FROM THE 2024 STREET BOND ELECTION; 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 2024-25 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 2024-25 (Budget Amendment #6) for municipal purposes, as
follows:
Establish Capital Improvement Project 92896, Broadway: Ave Q to Ave E — 24B, and
appropriate funding in the amount of $2,800,000 for the design of the project. This is an
approved project from the 2024 Street Bond Election and the funding source is 2025
General Obligation Bonds.
II. Establish Capital Improvement Project 92897, University: 50th Street to Loop 289 — 24B,
and appropriate funding in the amount of $7,100,000 for the construction of the project.
This is an approved project from the 2024 Street Bond Election and the funding source
is 2025 General Obligation Bonds.
Ill. Establish Capital Improvement Project 92898, Avenue P: 1301h to 146th — 24B, and
appropriate funding in the amount of $2,400,000 for the design of the project. This is an
approved project from the 2024 Street Bond Election and the funding source is 2025
General Obligation Bonds.
IV. Establish Capital Improvement Project 92899, Upland: 98th to 1141h Street— 24B. This is
an approved project from the 2024 Street Bond election and appropriation of funding will
occur in a future year.
V. Establish Capital Improvement Project 92900, 146th Street: University to Ave P — 24B,
and appropriate funding in the amount of $3,600,000 for the design of the project. This
is an approved project from the 2024 Street Bond Election and the funding source is 2025
General Obligation Bonds.
VI. Establish Capital Improvement Project 92901, 1461h Street: Slide to Quaker — 24B, and
appropriate funding in the amount of $3,500,000 for the design of the project. This is an
approved project from the 2024 Street Bond Election and the funding source is 2025
General Obligation Bonds.
VII. Establish Capital Improvement Project 92902, 341h Street, Upland to Alcove — 24B. This
is an approved project from the 2024 Street Bond election and appropriation of funding
will occur in a future year.
SECTION 2. THAT a copy of the changes made to the City of Lubbock Budget
pursuant to this Ordinance shall be fled 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
December 3, 2024
Passed by the City Council on second reading on December 10, 2024
MCBRAYER, MAYOk.
ATTEST:
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Courtney Paz
City Secretary
APPROVED AS TO CONTENT:
04��t&,g CA
Cheryl Brock
Interim Chief Financial Officer
APPROVED AS TO FORM:
A Is
D y City Attorney
ecdocsl I/BudgetPY24-25.Amend 6.ord
November 21, 2024