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HomeMy WebLinkAboutOrdinance - 2011-O0127 - Amend 2011-12 Budget Gateway Capital Project Fund - 12/14/2011First Reading December 14, 2011 Item No. 5.3 ORDINANCE NO. 2011-00121 Second Reading January 12, 2012 Item No. 5.1 AN ORDINANCE AMENDING THE FY 2011-12 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GRANT FUND TO REDUCE FUNDS FROM THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (TDHCA) FOR THE AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA) -WEA THERIZA TION ASSISTANCE PROGRAM (W AP); AND RESPECTING THE GATEWAY CAPITAL PROJECT FUND TO AMEND CAPITAL IMPROVEMENT PROJECT (CIP) NO. 8533, OVERPASS-LOOP 289 AT SLIDE ROAD AND ESTABLISH CIP NO. 8571, QUAKER/ERSKINE/LOOP 289 INTERCHANGE. 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 2011-12 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE IT ORDAINED BY THE CITY 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 2011-12 (Budget Amendment #8) for municipal purposes, as follows: I. Reduce appropriation for a pass through grant from TDHCA for the City's portion of the ARRA-WAP by $877,076, from $2,234,926 to $1,357,850. II. Reduce appropriation for a pass through grant from TDHCA for the County'sportion of the ARRA -WAP by $514,705, from $2,544,609 to$2,029,904. III. Amend CIP No. 8533, Overpass -Loop 289 at Slide Road, by decreasing the appropriation by $3,655,160, from $13,546,325 to $9,89 I, 165, and establish CIP No. 8571, Quaker/Erskine/Loop 289 Interchange, and appropriate $3,655,160 for participation in a TxDOT project to construct an interchange at Quaker A venue, Erskine Avenue, and Loop 289. 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. THJ\T shoul<l any section. raragraph. sentence. clause. phrase or word of this Ordinance be tb:lan:<l urn.:onstitulional or invalid for any reason. the remainder of this Ordinance shall not be affected thereby. AND lT IS SO ORDERl·:D Passed by the City Coun cil on first reading on _____ D_e_c_e_m_b_e_r_l4~, _2_0_1_1 __ Passed by the City Coun cil on second reading on ____ Ja_n_t_iary 12, _2_0_12 __ _ ATT EST: City Sccn:rary APPRO',i •~D AS TO CONTU\T: AndyBurb!rnm Chief Financial Oniccr !APPROVED AS TO fORM: Amy ;,1nl? As0,tant City J\llorncy ccdocsffiudgc1rY 1112 1\mc11JX.md Occcrnhcr 7, 2011 ~dZ;i-::-ToM MJ\RTIN. Mi\ YO!{