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HomeMy WebLinkAboutM2010-010 - 01/12/2010MOTION 01/12/2010 16. b. Motion authorizing the City Manager or his designee, to execute a Real Estate Sales Contract with Cloudcroft Land Ventures, Inc. in the amount of $84,962, plus $1,350 in closing costs for the purchase of fee simple property rights for Parcel 3, containing 12,873 square feet of commercial property on Yorktown Boulevard between South Staples Street and Cimarron Boulevard, necessary for the Yorktown Boulevard Street Improvement Project and for other municipal purposes. (BOND ISSUE 2008) ATTEST: Armando Chapa, City ecretary ~~~~~ Joe ame, Mayor City of Corpus Christi M2010-010 CITY OF CORPUS CIIItISTI CER'T'IFICATION OF F[Ir'DS (City Charter Article IV, Sections 7 & 8) Y~ ~J ~ ~ ~~ I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: January 12, 2010 Agenda Item: a. Motion authorizing the City Manager or his designee, to execute a Real Estate Sales Contract with William B. Miller, Jr. dba Del Mar Distributing Co., Inc. in the amount of $72,862, plus $1,300 in closing costs for the purchase of fee simple property rights for Parcel 1, containing 1.3,499 square feet of commercial property on Yorktown Boulevard between S. Staples Street and Cimarron Boulevard, necessary for the Yorktown Boulevard Street Improvement Project, (#6464), Bond 2008, and for other municipal purposes. b. Motion authorizing the City Manager or his designee, to execute a Real Estate Sales Contract with Cloudcroft Land Ventures, Inc. in the amount of $84,962, plus $1,350 in closing costs for the purchase of fee simple property rights for Parcel 3, containing 12,873 square feet of commercial property on Yorktown Boulevard between S. Staples Street and Cimarron Boulevard, necessary for the Yorktown Boulevard Street Improvement Project, (#6464), Bond 2008, and for other municipal purposes. Amount Required: $160,474 Fund Name Fund No. Or ..No. Account No. Project No. Amount Street 09 GO CIP Fd 550701 3546 170321 6464 $160,474 -(Bond 08) Total $160,474 ^ Certification Not Required u, _>'T:7 _.~---. Director of Financial Services Date: ,~ - ~ - z- ~ ~ v