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HomeMy WebLinkAboutOrdinance - 2018-O0127 - Amending The 2018-19 Budget For Municipal Purposes. Capital Program - 11/15/2018First Reading November 15, 2018 Item No. 6.2 ORDINANCE NO. 2018-00127 Second Reading December 6, 2018 Item No. 6.2 AN ORDINANCE AMENDING THE FY 2018-19 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE CAPITAL PROGRAM TO AMEND CAPITAL IMPROVEMENT PROJECT (CIP) 92502 -WEST 50TH STREET PAVING IMPROVEMENTS; PROVIDING FOR FILING; AND PROVIDING FOR A SA VINOS 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 2018-I 9 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE IT ORDAINED BY THE ClTY COUNCIL OF THE CITY OF LUBBOCK: SECTION I. THAT the City Council of the City of Lubbock hereby approves changes to the City of Lubbock Budget FY 20 I 8-19 (Budget Amendment #3) for municipal purposes, as follows: I. Amend Capital Improvement Project 92502, West 50th Street Paving Improvements, by increasing the appropriation by $871,963, from $1,I54,022 to $2,025,985. The funding will be Developer participation in the cost of paving West 50th. SECTION 2. THAT a copy or 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 rnquircd 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 ___ November I 5 20 I 8 Passed by the City Council on second reading on___ December 6, 20 I 8 DANIEL M. POPE, MAYOR ATTEST: --~~-~~-tt-- Rebecca Garza City Secretary APPROVED AS TO CONTENT: Chief Financial Officer APPROVED AS TO FORM: ccdocs/B udgetFY 1819. Amend3 .ord November I, 2018