HomeMy WebLinkAboutOrdinance - 2012-O0119 - Amending FY 2012-13 Budget For Capital Improvement; Projects 92153; 8552; 92284 - 10/11/2012I I First Reading Second Reading
October 25, 2012
Item No. 5.2
October 11, 2012
Item No. 5.3
I ORDINANCE NO.2012-00119
H !1 AN ORDINANCE AMENDING THE FY 2012-13 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE AIRPORT CAPITAL PROJECT FUND BY
AMENDING CAPITAL IMPROVEMENT PROJECT 92153. REPLACE
PASSENGER LOADING BRIDGES; CAPITAL IMPROVEMENT PROJECT
92191, AIRPORT FACILITIES IMPROVEMENTS; CAPITAL IMPROVEMENT
PROJECT 8552, AIRFIELD ASPHALT REPAIRS; CAPITAL IMPROVEMENT
PROJECT 92285, RUNWAY l 7R/35L REHABILITATION DESIGN; AND
CAPITAL IMPROVEMENT PROJECT 92284, RUNWAY 17R/35L
REHABILITATION CONSTRUCTION; PROVIDING FOR FILING; AND
PROVIDING FOR A SAVINGS CLAUSE.
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
1 purposes; and
WHEREAS, in accordance with the City Budget Ordinance the City Council
i shall approve all transfers between funds and departments; and
d Ii
ii WHEREAS, the City Council deems it advisable to change the FY 2012-13
II Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE.
i! BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
Ii SECTION 1. THAT the City Council of the City of Lubbock hereby approves
! changes to the City of Lubbock Budget FY 2012-13 (Budget Amendment #3) for
I municipal purposes, as follows:
I. Amend Capital Improvement Project 92153, Replace Passenger Loading
Bridges, by decreasing the funding by $513,791, from $4,400,000 to
$3,886,209, and close the project; amend Capital Improvement Project
92191, Airport Facilities Improvements, by increasing the appropriation by
$400,000, from $1,725,000 to $2,125,000, for the upgrade to the fire panel
system; amend Capital Improvement Project 8552, Airfield Asphalt Repairs,
by increasing the appropriation by $100,000, from $1.2 million to $1.3
million.
II. Amend Capital Improvement Project 92285, Runway I 7R/35L Rehabilitation
Design, by decreasing the grant amount by $1,406,989, from $3,6 I 3,139 to
$2,206,150, and decrease the 2011 PFC Bonds by $156,332, from $401,460 to
245,128, for a total decrease in the project of$1,563,32L from $4,014,599 to
$2,451,278.
111. Amend Capital Improvement Proj cc! 92284. Runway 17R/35L Rehabilitation
Construction. by splitting the project into thn:c phases and dccrcasin~ thL·
bud11.ctcd amount for FY 2012~ 13 as J'o I km s: decn:USL' thL· uram amoLmt b\ --. $18 ,830,918, from $20,237,907 to $ 1.-406. 989: change the local match from
$1.065,153 of FY 2013 PFC Revenue Ccrtilicatcs of Obligation to $156.332
of FY 20 I I PFC Revenue Ccrtilicatcs of Obligation: for a total FY 2012-13
project cost of $1 ,563.321 . Amend the fut un.: planning years of the proj ct:t as
follows:
FY 2013-14
Phase II Construction
Federal Grant Amount: $1 lJ.534.412
FY 2011 PFC Revenue Bm1cls : $1>.791 (bunds transk-rn:d from
project 92153)
f Y 2014 PFC Revenue Bonds: $97 3 .196
Total Project Amount: $20,521.399
FY 2014-15
Phase TII Construction
Federal C1rant Amount: $19..534.412
FY 2015 PFC Re venue Bonds: $986.987
Total Project /\mount: $20.521.399
SECTION 2. THAT a copy of the dmnges made to the City of Lubbock
Budget pursuant to this Ordinance shall be likd with the City Secretary and County
'!erk of Lubbock as required by law.
SECTION 3. THAT should any section. paragraph. sentence. clause. phrase
or word of this Ordinance be declared unconstitutional or in\':did fur any reason. till'
remainder or this Ordinance shall 1101 bi: affectl.'J thereby.
/\ND IT IS SO URIWRl•:D
Passed by thi:! City Council on first reading this 11th day of October
201 ~-
Passed by the City Council on second reading this 25th day of October
2012.
I AlTEST:
APPROV ED AS TO CONTENT:
Cheryl Brock
l3uclg~t Director
APPROVED AS TO fORM:
. --, .,.....--.. ---,:.~-
-.'\in.< stt;1s 7 ~
,\ssistant City Attorney
I
BudgctFY I:! I J.Amcnd/13.()rd
IU.3.:?012