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HomeMy WebLinkAboutOrdinance - 2012-O0143 - Amending The 2012-13 Budget For Municipal Purposes, Capital Program. - 12/17/2012First Reading December 17, 2012 Item No. 6.3 ORDINANCE NO. 2012-00143 Second Re-acding January 10, 2013 Item No , 5.2 AN ORDINANCE AMENDING THE FY 2012-13 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE CAPITAL PROGRAM IN THE LUBBOCK POWER AND LIGHf (LP&L) ENTERPRISE FUND PER RECOMMENDATION BY THE ELECTRIC UTILITY BOARD ON NOVEMBER 20, 2012, BY I AMENDING CAPITAL IMPROVEMENT PROJECT 92203, HIGH LINE TRUCK COVERED PARKING, AND AMENDING CAPITAL IMPROVEMENT PROJECT 92283, MASSENGALE (MGL) 6 AND 7 COOLING TOWER REPLACEMENT; II 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 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 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 2012-13 (Budget Amendment #13) for municipal purposes, as follows: I. Amend Capital Improvement Project 92203, High Line Truck Covered Parking, by increasing the appropriation $50,000, from $225,000 to $275,000. Funding source will be FY 2012-13 LP&L Pay-As-You-Go. IL Amend Capital Improvement Project 92283, MGL 6 & 7 Cooling Tower Replacement, by increasing the appropriation $2,005,000, from $3,925,000 to $5,930,000. Funding source will be FY 2012-13 10-Year LP&L Revenue bonds. 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 affected thereby. AND IT IS SO ORDERED Passed by the City Council on first reading on December 17. 2012 Passed by the City Council on second reading on _J_an_u_a_r~y_l_O"-, _____:....:....::.. ____ _ ATTEST: Reh City cretary I APPROVED AS TO CONTENT: £ .. ~ L~bauld City Manager APPROVED AS TO FORM: ccodcs/BudgelFY 1213.Amend 13. ord December I 0, 2012 GL