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HomeMy WebLinkAboutM2012-173 - 09/25/2012Corpus Christi Signature Copy Motion: M2012 -173 File Number: 12 -00647 Motion authorizing the City Manager or his designee to execute the Employee Transition Plan with Corpus Christi Museum Joint Venture (CCMJV), amending the, Professional Service Management Agreement to operate and manage the Corpus Christi Museum of Science and History. At a meeting of the City Council on 912512012, this Motion was passed. Aye: 7 Council Member Adler, Council Member Allen, Council Member Leal, Council Member Loeb, Council Member Marez, Council Member Martinez, and Council Member Scott Absent: 2 Mayor Adame, and Council Member Elizondo Abstained: 0 ATTEST: G Joe Marne, Mayor Armando Chapa, City Se tart' Enactment Number: M2012 -173 1201 Leopard St Corpus Christi, TX 78401 CCtexas.com Corpus Christi Page 1 Printed on 1012112 INDEXED 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: September X,, `2012 Agenda Item: Employee Transition Plan for the Professional Service Management Agreement for the Corpus Christi Museum of Science and History. Amount Required: $ 864,641 Fund Name Account No.. Fund No. Org. No. Project No. Amount General Fund 1020 13490 $ 754,330 General Fund 1020 13493 $ 110,311 Total $ 864,641 Comments: Per the approved agreement on August 14, 2012, funding is provided to CCMJV on a quarterly basis which includes the total Personnel Costs for 11- months in FY2013. The estimated vesting payout if eligible employees transition to CCMJV or seek other employment opportunities independent of the City is $97,700 which is in the Reserve Appropriation account. ❑ Certification Not Required Director of Financial Services Date MEMO- 2 ar t