HomeMy WebLinkAboutOrdinance - 2007-O0025 - Amending 06-07 Budget Amendment #10, Rellocate $25,000; $90,000;$100,000 - 03/05/2007II
First Reading
March 5, 2007
Itea No. 6.8
ORDINANCE NO. 2007-ooD25
Second Reading
March 22.. 2007
Itea No. 5.3
AN ORDINANCE AMENDING THE FY 2006-07 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE GRANT FUND.
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 2006-07
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 2006-07 (Budget Amendment #10) for
municipal purposes, as follows:
1. Reallocate previously appropriated funds of $25,000 from FY 2005-06
Community Development Block Grant reallocation funds from Housing and
Urban Development, for the renovation of Boys and Girls Club Phea Branch.
2. Reallocate previously appropriated funds of $90,000 from FY 2005-06
Community Development Block Grant reallocation funds from Housing and
Urban Development, for the renovation of Boys and Girls Club Optimist Branch.
3. Reallocate previously appropriated funds of $100,000 from FY 2005-06
Community Development Block Grant reallocation funds from Housing and
Urban Development, for the Down Payment and Closing Cost of North and East
Lubbock Community Development Corporation.
4. Reallocate previously appropriated funds of $65,000 from FY 2005-06
Community Development Block Grant reallocation funds from Housing and
Urban Development, for the 108 Loan Payment of City of Lubbock Community
Development.
5. Reallocate previously appropriated funds of $100,000 from FY 2005-06
Community Development Block Grant reallocation funds from Housing and
Urban Development, for the Emergency Repair Program of City of Lubbock
Community Development.
6. Reallocate previously appropriated funds of $20,000 from FY 2005-06
Community Development Block Grant reallocation funds from Housing and
Urban Development, for the Residential Rehab HOME Project Cost of City of
Lubbock Community Development.
7. Reallocate previously appropriated funds of $240,000 from FY 2005-06 HOPE 3
reallocation funds from HOPE 3 repayment revolving funds, for the New
Construction Program of City of Lubbock Community Development.
8. Reallocate previously appropriated funds of $100,000 from FY 2005-06 HOME
Investment Partnership Grant reallocation funds from Housing and Urban
Development, for Handicapped Accessible Housing of Community Housing
Resource Board.
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.
AND IT IS SO ORDERED
Passed by the City Council on first reading this Sth day of __ Ma_r_c_h ___ , 2007.
Passed by the City Council on second reading this 22nd day of _ ___,;;Ma~r=ch=----• 2007.
ATTEST:
~~,. -~r-
Reb .cca Garza, Ctty S~ \::)
APPROVED AS TO FORM:
Richard K. Casner
First Assistant City Attorney
ml/ccdocs/BudgetFY0607 .Amend I O.ord
February 28. 2007
+~~4_:__
DAVID A. MILLER, MAYOR