HomeMy WebLinkAboutM2012-125 - 07/10/20121201 Leopard 5t
Corpus Christi, TX 78401
CCtexas.com
File Number: 12 -00392
Enactment: Number: M2012 -125
Motion authorizing the City Manager, or his designee, to execute a Participation
Agreement with Mostaghasi Investment Trust, Developer of King's Point Unit 9, in the
amount of $53,431.46 for the City's portion of the cost of Maximus Drive and Queen Bess
Drive abutting the linear park, in accordance with the Unified Development Code. (BOND
2008)
At a meeting of the City Council on 7/10/2012, this Motion was passed.
Aye: 7 Mayor Adame, Council Member Adler, Council Member Leal, Council Member
Loeb, Council Member Marez, Council Member Martinez, and Council
Member Scott
Absent: 2 Council Member Allen, and Council Member Elizondo
Abstained: 0
ATTEST: P. 2
Joe A me, Mayor
0
Armando Chapa, City ecretary
Corpus Christi Page 1 Printed on 711 1112
INDEXED
City Council Summary
Mostaghasi investment Trust Participation Agreement
Page 1
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
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: July 10, 2012
Authorizing the City Manager, or his designee, to execute a Street Participation Agreement with Mostaghasi
Investment Trust, Developer.of King's Point Unit 9, in the amount of $53,431.46 for the City's portion of the
cost for Maximus Drive and Queen Bess Drive construction of pavement adjacent to a park.
Amount Required: $53,431.46
Fund Name
Fund No.
Org.
No.
Account
No.
Project
No.
Amount
Bond 2008, Streets,
Developer Participation
3548
00000
550910
E12039
$53,431.46
Total
$53,431.46
0 Certification Not Required
Director of Financial Services
Date: `? - -9' —iZ
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