HomeMy WebLinkAboutOrdinance - 2015-O0120 - Budget Amendment 8 - 12/03/2015First Reading
November 19, 2015
Item No. 6.5
ORDINANCE NO. 2015-00120
Second Reading
December 3, 2015
Item No. 5.2
AN ORDINANCE AMENDING THE FY 2015-16 BUDGET FOR MUNICIPAL
PURPOSES RESPECTING THE CAPITAL PROGRAM TO AMEND CAPITAL
IMPROVEMENT PROJECT (CIP) 8543, LAKE ALAN HENRY
REPAIRS/MAINTENANCE, AND CIP 92255, BCWF SUPPLY LINE/PUMPING
SYSTEM; 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 2015-16
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 2015-16 (Budget Amendment #8) for
municipal purposes, as follows:
I. Amend Capital Improvement Project 8543, Lake Alan Henry
Repairs/Maintenance, by decreasing the appropriation by $2,500,000, from
$7,505,889 to $5,005,889 and decreasing the 2012 TW W Certificates of
Obligation by $2,500,000, from $3,000,000 to $500,000; and amend Capital
Improvement Project 92255, BCWF Supply Line/Pumping System, by
increasing the appropriation by $2,500,000, from $39,500,000 to $42,000,000
and increasing the 2012 TW W Certificates of Obligation by $2,500,000, from
$8,576,155 to $11,076,155.
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 November 19, 2015
Passed by the City Council on second reading on December 3, 2015
GLC. RO TSON, MAYOR
ATTEST:
Rebcca Garza
City Secretary
APPROVED AS TO CONTENT:
Ch - &0o
Cheryl Brock
Executive Director of Budget
APPROVED AS TO FORM:
Attorney
ccdocsBudgetFY 1516.Amendg.ord
November 6, 2015