HomeMy WebLinkAboutOrdinance - 2008-O0049 - Ordinance Amending FY 2007-08 Budget For Municipal Purposes - 05/22/2008First Reading
May 22, 2008
Item Ho. 5.1
ORDINANCE NO. 2008-o0049
Second Reading
June 13, 2008
Itea No. 5.1
AN ORDINANCE AMENDING THE FY 2007-08 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE GRANT FUNDS AND CAPITAL IMPROVEMENT
PROGRAM.
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 2007-08
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 2007-08 (Budget Amendment #10) for
municipal purposes, as follows:
1. Accept and appropriate $94,514 from the Texas Department of Housing and
Community Affairs for the Low-Income Home Energy Assistance Program.
2. Accept and appropriate $72,383 from the Texas Department of Housing and
Community Affairs for the Department of Energy Weatherization Assistance
Program.
3. Accept and appropriate $27,939 from the Texas Department of Housing and
Community Affairs for the Southwestern Public Service Low-Income
Program.
4. Accept and appropriate $19,878 from the Texas Department of Transportation
for the Click It or Ticket Selective Traffic Enforcement Program.
5. Amend the North Overton TIF Capital Improvement Project Fund, as
presented in Exhibit "A".
SECTION 2. THAT a copy of the changes made to the City of Lubbock Budget
ursuant 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
ord of this Ordinance be declared unconstitutional or invalid for any reason, the
· emainder of this Ordinance shall not be affected thereby.
AND IT IS SO ORDERED
assed by the City Council on first reading this 22nd day of __ _;Ma=o~y~ _ __:>, 2008.
Passed by the City Council on second reading this 13th day of _ ____:_Jun_e __ _, 2008.
ATTEST:
APPROVED AS TO CONTENT:
APPROVED AS TO FORM:
Richard K. Casner
First Assistant City Attorney
BudgetFY0508.Amend.# I O.ord
5.15.08
TOM MARTIN, MAYOR
Exhibit "A"
CITY OF LUBBOCK, TX
North Overton TIF CIP Revised Budgets 5-22-08
Business Development
FY200NI8
Ordinance No. 2008-o0049
FY2007~8
Adopted Badget Revised Badget Change
91060 Trad3 S
Justification: Move $1,000,000 to new Capstone Project. Additional funding
will be requested in FY 2008-09 to complete Tract 3.
9106<6 Dinerstein III-TractS
Justification: Project is complete. Move remaining .funding to new Capstone
Project and close this project
91065 Wal-Mart
Justification: Project is complete. Move remaining funding to new Capstone
Project and close this project
91066 Tract 10 (Condo IV)
Justification: This project is expected to begin construe/ion in FY 1009-10.
Move $120,000 in funding to new project-92/50, Wastewater Utilities
North Overton TIF-for sewer line for the east end commercial tracts, move
$129,352 to 9212J. NO TIF Electric Utility Upgrade-Underground-for the
relocation of the electric line on Glenna Goodacre Blvd and move $/3,780 to
92149, Capstone.
91070 Single Family
Justification: Capstone has purchased a major portion of the remaining
single family area. Move $720.581 to new Capstone Capital project for
infrastructure improvements.
91071 Pioneer Park
Justification: The pork cannot be renovated until additional streets are
completed in order to set the grade for the curb. Move $450,000 to new
Capstone project. Funding for the park will be requested in FY 2008-09 or
FY 2009-10.
91148 Tract 18
Justification: Project is complete. Move remaining funding to 92123 for
infrastructure projects. This project will be closed
92114 Water Utilities Nortb Overton TIF
Justification: Change the name of this project from Water/Sewer East End
Commercial to Water Uti/ties North Overron TIF in order to separate costs
for water and wastewater for the purpose of tracking assets for the separate
fonds. Move $50,000 to new Wastewater capital project.
92121 Trace 19
Justification: Thill project has been delayed and is now expected to begin in
FY 2008-09. Move .fUnding to new Capstone capital project.
92112 Tract 27 Justification: This project is expected to begin in FY 2009-/0. Move funding
to new Capstone capital project.
92123 North Overton TIF Electric Utility Upgradt/Underground
Justification: Add additional .funding for relocating the electric utility line on
Glenna Goodacre Blvd. underground.
92149 Capstone
Justification: Create capital project for the construction and/or
reconstruction of streets, landscaping in the parkway, water/wastewater
improvements, and e/eciTic utiltiy relocations in the new Capstone project
area.
92150 Wastewater Utilities North Overton TIF
Justification: Create capiral project for the replacement/upgrade of
wastewater infrastructure in the North Overton TIF.
$
2,226,452 1,226,452 (J ,000,000)
1,030,578 1,021,628 (7,950)
2,575,157 2,521,915 (53,242)
329,448 66,316
6,014,191 5,293,610 (720,581)
500,000 50,000 (450,000)
335,281 124,633 (210,648)
226,102 176,102 (50,000}
135,060 (135,060)
164,191 (16<6,192)
173,33) 513,333 340,000
2,544,805 2,544,805
170,000 170,000
13,709,794 13,709,794