Loading...
HomeMy WebLinkAboutOrdinance - 2025-O0024 - Budget Ordinance Amendment 12, Traffic Capital Project Fund - 02/25/2025First Reading February 11, 2025 Item No. 5.3 ORDINANCE NO. 2025-00024 Second Reading February 25, 2025 Item No. 5.1 AN ORDINANCE AMENDING THE FY 2024-25 BUDGET FOR MUNICIPAL PURPOSES RESPECTING TRAFFIC SIGNAL VEHICULAR AND PEDESTRIAN DETECTION CAPITAL IMPROVEMENT PROJECTS IN THE TRAFFIC CAPITAL PROJECTS 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 2024-25 Budget for municipal purposes and reallocate funds as follows; NOW, TIIEREFORE, 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 #12) for municipal purposes, as follows: I. Amend Capital Improvement Project 92742, Traffic Signal FY 2021-22 through FY 2025-26 by decreasing the funding and appropriation in the amount of $281,250. The funding will be moved to Capital Improvement Project 92904, Traffic Signal Vehicular and Pedestrian Detection Improvements. II. Accept and appropriate funding in the amount of $1,040,000 from the Texas Department of Transprotation. Funding will be received as a reimbursement to the City of Lubbock and applied to Capital Improvement Project 92904, Traffic Signal Vehicular and Pedestrian Detection Improvements. III. Establish Capital Improvement Project 92904, Traffic Signal Vehicular and Pedestrian Detection Improvements, and appropriate funding in the amount of $1,321,250. 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 February 11, 2025 Passed by the City Council on second reading on February 25, 2025 ---N\ AJA 4 1— MA . MCB , MAYOR ATT1-'1ST: Courtney Paz, City Secr ary APPROVED AS TO CONTENT: Joe Ji ez, C ' Tinancial Officer 11 • :':ai:�: �•7�� itch Atefwhit%First Assistant City Attorney