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HomeMy WebLinkAboutOrdinance - 2020-O0039 - Budget Amendment 15 - 03/24/2020 First Reading Second Reading March 10, 2020 March 24, 2020 Item No. 6.1 Item No. 7.1 ORDINANCE NO. 2020-00039 AN ORDINANCE AMENDING THE FY 2019-20 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE LUBBOCK POWER& LIGHT CAPITAL BUDGET; 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 purposes; and WHEREAS, in accordance with the City Budget Ordinance the City Council shall approve all transfers between Rinds; and WHEREAS, the City Council deems it advisable to change the FY 2019-20 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 2019-20 (Budget Amendment #15) for municipal purposes, as follows: I. Amend Capital Improvement Project 92477, 69/115kV Line Rebuild: Holly-Southeast by increasing the appropriation and funding in the amount of $2,750,000 from $7,705,000 to $10,455,000. The additional appropriation will be used to fund increased expenditures. The project will utilize Short Term Lending Facility funding. II. Amend Capital Improvement Project 92635, Substation Rebuild — Northeast by increasing the appropriation and funding in the amount of$3,160,000 from$505,000 to $3,665,000. The additional appropriation will be used to fund increased expenditures. The project will utilize Short Term Lending Facility funding. I1I. Establish Capital Improvement Project 92668: Wadsworth Relay Upgrade and appropriate funding in the amount of$1,500,000. This is a new project as a result of the Dunbar station being constructed away from the existing Wadsworth station. The project will utilize Short Term Lending Facility funding. The project scope and justification is as follows: Project Scope: This project is for the upgrades to the existing Wadsworth station for the 115kV conversion program only. This includes replacing the existing Co-op and Holly line protection panels, 115kV potential transformers (PTs) relocations, surge arrester replacements, second trip coils and second battery addition. The existing Holly line will now be bisected by the greenfield substation(Dunbar). Project Justification: The work at the Wadsworth substation is required to upgrade the protection for the existing 115kV potential transformers, and upgrading the remaining 115kV breakers to match current protection and controls to include the installation of the additional/redundant trip coils. 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. THAT should any section, paragraph, sentence, clause, phrase or word of this Ordinance be declared unconstitutional or invalid for any reason, the remainder of this Ordinance shall not be affected thereby. AND IT IS SO ORDERED Passed by the City Council on first reading on___Marc 1 10, 2020 Passed by the City Council on second reading on—March 24, 2020 ('11, DANIEL M. POPE, MAYOR ATTEST: CQZ16'0� A----1 Rebe ea Garza City rotary APPROVED AS TO CONTENT; o' D. Blu Kos clich Chief Financial Officer APPROVED AS TO FORM: AmyS�" s Dep ttY�y City Attorney cdocs/BudgetPY I920.Amend I 5.ord 1-cbruary 24,2020