HomeMy WebLinkAboutM2010-196 - 08/24/2010MOTION 08/24/2010
15. Motion authorizing the City Manager or his designee to execute a Real Estate
Sales Contract with Proportional Prosperity LLC, in the amount of $590,000, plus
additional expenditures not to exceed $3,000 for related closing costs, all for the
purchase of a warehouse property to be used by the Corpus Christi Police
Department, which is located at 1302 Saratoga Boulevard in connection with the
Pubiic Safety Warehouse for Police and Fire Departments, Project No, 5244
(Bond Issue 2008)
ATTEST:
Armando Chapa, City Secretary
Joe Aak me, Mayor
City of Corpus Christi
M2010-196
INDEXED
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CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & S)
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 Treasiuy to the credit of
.the Fund specified below, frorn which it is to be drawn, and has not been appropriated for
any.-other purpose. Future payments are subject to annual appropriatio-~ by the City
Council.
City Council Action Date: August 24, 201.0
Agenda Item: Motion authorizing the City Manager or designee to execute a Real Estate
'Sales Contract with Proportional Prosperity LLC, in the amount of $590,000, plus
'additional expenditures not to exceed $3,000 for related closing costs, all for the purchase
-of a warehouse property to be used by the Corpus Christi Police Deparment, which is
located at 1302 Saratoga Boulevard, in connection with the Public Safety Warehouse for
~ Police and Fire Departments, Project No. 5244, Bond Fund 2008.
l
Amount Required: $,593,000.00
Fund. Name Fund No. Qrg. No. Account No, Project No. Amount
Bond Fund 2008 550701 3191 00000 140252 $593,000.00
Public Safe
Total. $593,000.00
Director of Financial Services
Date: ~- i ~' ~ •~
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