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HomeMy WebLinkAboutOrdinance - 2020-O0059 - Budget Amendment #22 - 05/12/2020First Reading April 28, 2020 Item No. 6.3 ORDINANCE NO. 2020-00059 Second Reading May 12, 2020 Item No. 6.3 AN ORDINANCE AMENDING THE' FY 2019-20 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE GATEWAY CAPITAL FUND TO AMEND CAPITAL IMPROVEMENT PROJECT 92510 — UPLAND AVENUE 66 ""' TO 82NII STREET AND ESTABLISH CAPITAL IMPROVEMENT PROJECT 92670 — 114"" STREET QUAKER AVENUE TO INDIANA AVENUE DESIGN AND APPROPRIATE FUNDING; 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 funds; 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, B17 IT ORDAINED BY THE CITY COUNCIL OFTHE CITY OF LUBBOCK: SECTION 1. THAT the City Council ofthe City of Lubbock hereby approves changes to the City Of Lubbock Budget FY 2019-20 (Budget Amendment #22) for Municipal purposes, as follows: Amend Capital Improvement Project 92510 --- Upland Avenue 66`h to 82d, by reducing the appropriation and funding by $1,000,000, from $7,360,311 to $6,360,311, Tile funding will be $1,000.000FY 2020 Gateway Streets Revenue Certificates of'Obligation Bonds moved to Capital Improvement Project 92670, 1141h Street Quaker Avenue to Indiana Avenue Design. I1. Establish Capital Improvement Project 92670 -- 114'h Street Quaker Avenue to Indiana Avenue Design, and appropriate funding in the amount of $1,000,000. Funding will be moved from Capital Improvement Project 92510, Upland Avenue 66`h to 82" d Street. 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. 'I HAT 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. 1: 'abiu w mwexeRwaaal� Passed by the City COUncil on first reading on ,,;\Pril 29. 2020 Passed by the City Council on second reading on May 12, 2020 DANIEL M. POPE, MAYOR ATTEST: Re6 ca Garra City Secretary /-N,?L, tl�� D. u Kostelich Chief Financial OTficer APPROVED AS TO FORM: Amy Inns Deputy City Attorney ccdocsiBudgetFY I920Ameud22. ord April 17, 2020