HomeMy WebLinkAboutOrdinance - 2009-O0011 - Budget Amendment 9 - 03/05/2009First Reading
February 26, 2009
Item No. 5.2
ORDINANCE NO. 2009-00011
Second Reading
March 5, 2009
Item No. 5.1
AN ORDINANCE AMENDING THE FY 2008-09 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE COMMUNITY DEVELOPMENT FUND TO
ACCEPT AND APPROPRIATE HOPE 3 PROGRAM INCOME TO FURTHER
AFFORDABLE HOUSING AND BE USED AS HOME MATCH FUNDS; AND TO
ACCEPT AND APPROPRIATE 108 LOAN FUNDS FROM HOUSING AND URBAN
DEVELOPMENT FOR PARKS PROJECTS.
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 2008-09
Budget for municipal purposes 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 2008-09 (Budget Amendment #9) for
municipal purposes, as follows:
I. Accept and appropriate $200,000 of Hope 3 program income to further
affordable housing and be used as HOME Match funds.
II. Accept and appropriate $865,000 of 108 Loan Funds from Housing and
Urban Development for Park projects.
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 be affected thereby.
AND IT IS SO ORDERED
Passed by the City Council on first reading this 26th day of February , 2009.
Passed by the City Council on second reading this 5th day of March 2009.
TOM MARTIN, MAYOR
ATTEST:
Rebe ca Garza, City Secretary
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APPROVED AS TO CONTENT:
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And Burcham
Chief Financial Officer
APPROVED AS TO FORM:
Dbir ald G.'Va
City Attorney
BudgetFY0809.Amend9.ord.v2