HomeMy WebLinkAboutResolution - 4858 - Transfer Of Budget Funds FY1994-95 - City Manager - 800Mhz TRS Project - 06/08/1995Reoslution No. 4858
June 8, 1995
Stem #17
RESOLUTION
WHEREAS, Section 102.010 of the Local Government Code of the State of Texas
authorizes City Councils to make changes in budgets for municipal purposes; and
WHEREAS, in accordance with the City Budget Ordinance, the City Manager is
authorized to make transfers between funds, accounts, departments, or programs for City
purposes; and
WHEREAS, the City Council deems it advisable to change the budget for municipal
purposes and reallocate funds as follows; NOW THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the 1994-95 budget be amended by transferring funds in the amount of $2,146,645
from General Fund Unreserved/Undesignated fund balance to Internal Service Capital Project
#303-9996 to serve as interim financing for the 800 MHz Trunked Radio System Project. Upon
receipt of funds from external lease finance agreement the $2,146,645 will revert back to the
General Fund Unreserved/Undesignated fund balance. A copy of this budget change resolution
shall be filed with the City Secretary ap attache a original budget for this fiscal year.
Passed by the City Council this 8th ` dv-�j r J
VID R. LANGST()N, MA
ATTEST:
Lt'-- lk c�'-tL
Betty . Johnson, City Secretary
VED AS TO CONTENT:
A na Mosq&da, D ctor of Management Services
APPROVED AS TO FORM:
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i
D'kqdfd G. Vandiver, First Assistant City Attorney
DGV:da
ccdocs/budgtchg.res
May 31, 1995