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HomeMy WebLinkAboutOrdinance - 2015-O0054 - Budget Amendment 24 - 06/11/2015First Reading May 28, 2015 Item No. 6.7 ORDINANCE NO. 2015-00054 Second Reading June 11, 2015 Item No. 6.3 AN ORDINANCE AMENDING THE FY 2014-15 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE CAPITAL PROGRAM TO AMEND CAPITAL IMPROVEMENT PROJECT (CIP) 8592, GODEKE LIBRARY RENOVATIONS; CIP 91169, PARK PAVILIONS; CIP 91170, PARK PLAYGROUNDS; ESTABLISH CIP 8600, WATER DAMAGED FACILITIES; RESPECTING THE RISK FUND BY INCREASING THE TRANSFER TO GENERAL FUND CAPITAL — GENERAL FACILITIES; 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 departments; and WHEREAS, the City Council deems it advisable to change the FY 2014-15 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 2014-15 (Budget Amendment #24) for municipal purposes, as follows: I. Amend Capital Improvement Project 8592, Godeke Library Renovations, by reducing the appropriation by $199,926, and closing the project. II. Amend Capital Improvement Project 91169, Park Pavilions, by reducing the appropriation by $357,651, from $1,846,287 to $1,488,636. III. Amend Capital Improvement Project 91170, Park Playgrounds, by reducing the appropriation by $506,495, from $4,674,726 to $4,168,231. IV. Establish Capital Improvement Project 8600, Water Damaged Facilities, and appropriate funding in the amount of $2,064,072, for the repair of storm and water damaged City facilities. V. Amend the Risk Fund FY 2014-15 Approved Budget by increasing the Transfer to General Fund Capital — General Facilities by $1,000,000, for the repair of storm and water damaged City facilities. 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 May 28, 2015 Passed by the City Council on second reading on June 11, 2015 GLMOB TSON, MAYOR ATTEST: Rebe ca Garza City kcretary APPROVED AS TO CONTENT: 0,4"k Cheryl Brock Executive Director of Budget Amy, AS TO FORM: Attorney ccdocs/BudgelFY 1415.Amend24.ord May 13, 2015