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HomeMy WebLinkAboutM2012-163 - 09/11/2012Corpus Christi Signature Copy Motion: M2012 -163 File Number: 12 -00446 Motion authorizing the City Manager to execute a Participation Agreement for $88,000 for City's portion of Excalibur Road, and a Water Arterial Transmission and Grid Main Extension Construction and Reimbursement Agreement for $18,171.34, each with MPM Development LP, Developer of Royal Creels Estates Unit 4. At a meeting of the City Council on 911112012, this Motion was passed. Aye: 8 Mayor Adame, Council Member Adler, Council Member Allen, Council Member Leal, Council Member Loeb, Council Member Marez, Council Member Martinez, and Council Member Scott Absent: 1 Council Member Elizondo Abstained: 0 ATTEST: Joe Adime, Mayor Armando Chapa, City Secretary Enactment Number: M2012 -163 1201 Leopard St Corpus Christi, TX 78401 CCtexas.com Corpus Christi Page 1 Printed on 8112112 INDEXED Fund.Name Fund No. Org. No. Account No. Project Rio. Amount Bond 2008; Streets, ,Developer Participation 3548 00000 550910 E12049 $88,000.00 Total $88,000.00 0 Certification Not Required Director of Financial Services Date: q - � - % Z- CMOCUMENTS AND SETTINGS IMARYJ.CCPD1\APPLICATION DATAIL5ITEMP1456754D4-9BCD-4B67-BDFF- 97EO64135EEF.DOC 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: Au�rsf 28, 2012 Authorizing the City Manager, or his designee, to execute a Reimbursement Agreement with MPM Development, LP, Developers of Royal Creek Estates Unit 4, located south of Yorktown Boulevard and east of Cimarron Boulevard, for the 12 -inch waterline construction, snare of cost shall not exceed $18,1:71.34. I Amount Required: $18,171.34 Fund Name Account No. Fund No. Org. No. Project No. Amount Water Arterial Transmission & Grid Main Trust Fund 040450 4030 21805 $18,171.34 Total $18,171.34 - Certification Not Required Director of Financial Services Date: 0 7- 10 C:IDOCUMENTS AND SETTINGSIMARYJ.CCPD1 \APPLICATION DATA1L51TEMPIEEA15B2D-7FC4-46AA-987C- 51 A95C6446FC. DOC