HomeMy WebLinkAboutOrdinance - 2025-O0022 - Budget Ordinance Amendment 14, General Facilities Capital Project Fund - 02/11/2025First Reading
January 28, 2025
Item No. 6.5
Second Reading
February 11, 2025
Item No. 5.2
ORDINANCE NO. 2025-00022
AN ORDINANCE AMENDING THE FY 2024-25 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE GENERAL FACILITIES CAPITAL PROJECT FUND
IN CONNECTION WITH RESOLUTION NO. 2024-RO582 FOR CAPITAL
IMPROVEMENT PROJECT DOCUMENT MANAGEMENT SYSTEM; 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, THAT:
SECTION 1. The City Council of the City of Lubbock hereby approves changes to the
City of Lubbock Budget FY 2024-25 (Budget Amendment # 14) for municipal purposes,
as follows:
I. Accept and appropriate revenue in the amount of $450,000 for the General
Facilities Capital Project Fund from MCCi LLC and Diada LLC per the
settlement agreement.
II. Amend Capital Improvement Project (CIP) 8665, Document Management
System, and appropriate $450,000, from $215,000 to $665,000. Funding will be
revenue from MCCi LLC and Diada LLC per the settlement agreement.
SECTION 2. A copy of the changes made to the City of Lubbock Budget pursuant to
this Ordinance shall be filed with the City Secretary and County Clerk of Lubbock as
required by law.
SECTION 3. 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 January 28, 2025
Passed by the City Council on second reading on February 11, 2025
_r
ARK W. MCBRAYER, MAYOR
TEST:
ourtney Paz
City Secretary
APPROVED AS TO CONTENT:
Joe e
Chief Financial Officer
AS
Mitch Satter*fi
First Assistant it
Attorney
ccdmIUBudgetFY24-25.Amend Kord
January 17, 2025