Loading...
HomeMy WebLinkAboutOrdinance - 2011-O0059 - Amending The FY 2010-11 Budget For Municipal Purposes. - 06/23/2011,/ DATE TO FROM SUBJECT ·11~ . 1ribObCk TEXAS July 13, 2010 Honorable Mayor Tom Martin Members of the City Council Lee Ann Dumbauld, City Manager Agenda Item 5.1: Ordinance 2011-00059 Consider Budget Ordinance Amendment 12 amending the Adopted FY 2010-11 Budget respecting the Grant Fund to increase funding from the Federal Transit Authority (FTA) for the FY 2010-11 Section 5307 Federal Grant; increase funding from the FTA for the FY 2010-11 Job Access and Reverse Commute Program (]ARC) Grant; increase funding from the FTA for the FY 2010-11 New Freedom Mobility Management Grant; respecting the Citibus Enterprise Fund to transfer to the Grant Fund the local match for the JARC; transfer to the Grant Fund the local match for the New Freedom Mobility Management Grant; respecting the Capital Program to establish Capital Improvement Project No. 8568, Wildlife Hazard Assessment (WHA) and appropriate funds; and amend the North Overton Tax Increment Financing Reinvestment Zone (TIF) projects. The local match for the FY 20 I 0-11 New Freedom Mobility Management Grant (Item III.) has been corrected to S55,777. Attached are the amended item summary, ordinance, and budget dctai I sheet. First Reading June 23, 2011 I tem No. 5.1 ORDINANCE NO. 2011-00059 Second Reading July 14, 2011 Item No. 5. l AN ORDINANCE AMENDING THE FY 2010-11 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GR,ANT FUND TO INCREASE FUNDING FROM THE FEDERAL TRANSIT ADMINISTR/\ TION (FT/\) FOR THE FY 2010-11 SECTION 5307 FEDFRAL GRANT; JNCRE/\SE FUNDING FROM THE FTA FOR THE fY 2010-11 JOH ACCESS AND REVERSE COMMUTE PROGRAM (.1/\RC): INCR EASE FUNDING FROM THE FTA FOR TIIE FY 2010-11 NEW FRFEDOM MOBILITY MANA(iEMENT CiR/\NT: RESPECTING THE CITIBUS ENTERPRISE FUND, TO TRANSFER TO THE GRANT FUND THE LOCAL MATCH FOR THE JARC: TRANSFER TO THE GR/\NT FUND THE LOCAL MATCH FOR THE NEW FREEDOM tvlOBILITY MANAGEMENT GRANT: RESPECTING THE CAPITAL PROGRAM TO ESTABLISH PROJECT NO. 8568, WILDLIFE HAZARD ASSESSMENT: AMEND PROJECT NO. 92254. NORTH OVERTON T/\X INCREMENT FINANCING REINVESTMENT ZONE (TIF) PUBLIC IMPROVEMENTS; AMEND PROJECT NO. 92107. GLENNA GOODACRE BOULEVARD EAST; AMEND PROJECT NO. 92123, Noren I OVERTON TIF ELECTRIC UTILITY UPGRADE; AND /\MEND PROJECT NO. 9W-9+. PIONEFR P/\RK IMPROVEMENTS. 91071 ~ WHEREAS, Section I 02.0 IO ol' the Local Governm~nt Code or the Stale of Texas authorizes the City Council lo make changes in the budget for municipal purposes; and WHEREAS. in accordam:c 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 2010-11 Budget for municipal purposes and reallocate funds as follows; NOW. Tl-lERFFORE. 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 2010-11 (Budget Amendment #12) for municipal purposes. as follows: I. Accept and appropriate $9.599 from the FT A for the FY 2010-1 1 Section 5307 Federal Grant. for a total grant appropriation of $2.846.599. 11. Accept and appropriate an additional $11 OJ 13 from the FT/\. anJ transfer the local match. totaling $183.165. from the Citibus Enterprise r-und to the Grant Fund for the FY 2010-11 .IARC. The total grant appropriation is $366,330. lll. Accept and appropriate an additional $55. 777 from the FT A. and transfer the local match. totaling $73, I 08. from the Citibus Enterprise fund to the Grant fund for the FY 20 I 0-1 1 New Freedom Mobility Managcmcnt Grant. The total grant appropriation is $128,885. IV. Establish Capital Improvement Project No. 8568. Wildliti.: I l,r1.ard Assessment. and appropriate $105.263 for the assessment of wild life hazard at the Lubbock International Airport. V. Amend North Overton TIF Projects. including Pr~ject No. 92254. North Ovenon TIF Public Improvements; amend Project No. 92107. Glenna Goodacre Boulevard East; amend Project No. 92123, North Ove11on TIF Electric Ut ility Upgrade; and amend Project No. ~-Pioncer Park Improvements. 91071 ~ SECTION 2. TI IAT a copy of the changes mndc to the City of Lubbock Budget pursuant to this Ordinance shall be tiled with the City Secretary and County Clerk of Lubbock as required by law. SECTION 3. TH/\T 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 . .i\ND IT IS SO ORDERED Passed by the City Council on first reading this 23rd day of ___ J_u_ne ___ _ 201 1. Passed by the City Council on second reading this 14th day of __ J_u_l ..... Y __ _ 2011. ffiMMARTIN. MAYOR /\TrEST: ld ~-~ Reb&ca Garza City Secretary APPROVED AS TO CONTENT: I Andy Burcham Chief financial Olfo:cr APPROVED AS TO f-ORM : ~L Chad Weaver Assistant City Attorn ey ccdocs/BudgctFY IO I I .Amend 12 unl ,,2 July 8, 2011 922S4 92I07 92123 -02971 ~ q \ O'l \ Ordinance No. 2011-00059 City of Lubbock, TX Finance Department . Consolidation of North Overton TIF Capital Projects July 14, 2011 North Overton TIF Public Improvements Glenna Goodacre Boulevard East North Overton TIF Electric Utility Upgrade Pioneer Park Improvements Unallocated Bonds Exhibit A Appropriation to Date 227,2S0 3,380,780 363,333 50,000 29,759 4,051,122 FY 2010-11 Amendments S19,782 (407,332) (40,959) (41,732) (29,759) Total Appropriation 747,032 2,973,448 322,374 8,268 4,051,122 C:\DOCUME~ I\ 140127\LOCA LS~ I \Temp\XPgrpwise\TIF Capital Projects Consolidation 6-23-11