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HomeMy WebLinkAboutOrdinance - 2020-O0058 - Budget Amendment #21 - 05/12/2020First Reading April 28, 2020 Item No. 6.2 ORDINANCE NO, 2020-00058 Second Reading May 12, 2020 Item No. 6.2 AN ORDINANCE AMENDING THE FY 2019-20 BUDGET FOR MUNICIPAL, PURPOSES RESPECTING 'I'I-LE CAPITAL FUND TO ES'TABLISI-1 CAPITAL IMPROVEMENT PROJECT 8653 — ESTABLISH TRAFFIC SIGNAL AT 4TH STREET & KNOXVILLE AVENUE, 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 WI [I.REAS. the City Council deems it advisable to change the: FY 2019-20 Budget for municipal purposes and reallocate funds as follows; NOW, THERLFORL;, 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 921) for municipal purposes, as follows: Establish Capital Improvement Project 8653 Traffic Signal at 4th Street & Knoxville Avenue, and appropriate funding in the amount of $106,652. Funding will be $53,326 from Texas Tech University and $53,326 Irom Texas 'Tech University health Sciences Ccuter. 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 ol' this Ordinance shall not be affected thereby. AND I T I S SO ORDERED Passed by the City Council on first reading on April 28. 2.020`_ Passed by the City Council on second reading on pip DANIEL M. POPE, MAYOR ATTEST: Rcbe ca Garza - City Secretary APPROVED AS TO CONTENT: 1). k31>.1 Ko�lic'l� C hicl'Financial Officer ANIROWD AS TO FORM: ccdacs;13tidEet1-'Y29 E (1. Aniritd? Lord Apn1 I;, 202U