HomeMy WebLinkAboutOrdinance - 2012-O0120 - Amending The 2012-13 Budget For Municipal Purposes - 10/11/2012First Reading
October 11, 2012
Item No. 5.4
ORDINANCE NO. 2012-00120
Second Reading
October 25, 2012
Item No. 5.3
. AN ORDINANCE AMENDING THE FY 2012-13 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE CAPITAL PROGRAM IN THE LUBBOCK
, POWER AND LIGHT (LP&L) ENTERPRISE FUND AS RECOMMENDED BY
THE ELECTRIC UTILITY BOARD ON SEPTEMBER 18, 2012, BY
ESTABLISHING CAPITAL IMPROVEMENT PROJECT 92319, 230 KV
TRANSMISSION LOOP; ESTABLISHING CAPITAL IMPROVEMENT
PROJECT 92320, SUBSTATION BREAKER REPLACEMENTS; PROVIDING
FOR FILING; AND PROVIDING FOR A SA VINOS CLAUSE.
WHEREAS, Section I 02.0 IO 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 departments; and
WHEREAS, the City Council deems it advisable to change the FY 2012-13
Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE,
BE IT ORDAINED BY TI-IE CITY COUNCIL OF THE CITY OF LUBBOCK:
SECTION I. THAT the City Council of the City of Lubbock hereby appnm.:s
changes to the City of Lubbock Budget FY 2012-13 (Budget Amendment #4) for
municipal purposes, as follows:
I. Establish Capital Improvement Project 92319, 230 kV Transmission Loop,
and appropriate $12. 75 million for the purpose of constructing a loop that will
allow for a redundant and more reliable transmission system.
; II. Establish Capital Improvement Project 92320, Substation Breaker
Replacements, and appropriate $1.5 million for the purpose of replacing G.E.
substation breakers that are over 30 years old.
SECTION 2. THAT 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. 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 a fleeted thereby.
AND IT IS SO ORDERl•:D
Passed by the City Co unc il on lirst readi ng this 11th day ur October. __ _
20 12.
Passed by the City Counci l on sccon I reading this 25th day ,lJ' October
I 2012.
ATTEST:
1\PPROVED 1\S TO CON TE NT:
~~ 1 Cheryl Brock I Budget Di rector
APPROVED AS TO FO Rivl :
Budget FY 11 1 ~.t\rncndl/11 .ord
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