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HomeMy WebLinkAboutOrdinance - 2007-O0037 - Amending 2007-08 Budget - 04/12/2007First Reading April 12, 2007 Item Ho. 6.7 ORDINANCE NO. 2007-o0037 Second Reading April 26, 2007 Item No. 5.4 AN ORDINANCE AMENDING THE FY 2006-07 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE (1) CAPITAL IMPROVEMENT PROGRAM; (2) GRANT FUND; AND (3) STREETS CAPITAL PROJECT FUND. WHEREAS, Section 102.010 of the Local Govenunent 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 #12) for municipal purposes, as follows: 1. Establish a new Capital Improvement Project, Airport Industrial Area Water System hnprovements; and transfer $341,081 from Capital Improvement Project #9195, Airport Industrial Area Booster Station, and $150,000 from Capital Improvement Project #91082, Eastport Water Renovation, making the total project appropriation $491 ,081. 2. Appropriate $129,225 of prepaid paving funds in the Streets Capital Improvement Fund for the City's participation in paving along Slide Road. 3. Accept and appropriate $24,716 grant from Texas Department of Transportation for the Click It or Ticket Selective Traffic Enforcement Program. 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 12th day of __ Ap;;;;;o;;...;r;;.;;;i=l __ .....), 2007. Passed by the City Council on second reading this 26th day of __ A""'"pr_i_l_---..7 2007. ATTEST: APPROVED AS TO FORM: ~- Richard K. Casner First Assistant City Attorney ml/ccdocs!BudgetFY0607 .Amend 12.ord April 5, 2007