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HomeMy WebLinkAbout07852 ORD - 12/29/1965o RMT:JKH:12 -29 -65 AN ORDINANCE ESTABLISHING A FUND TO BE KNOWN AS THE "TRANSIT FUND "; APPROPRIATING OUT OF TRANSIT FUND NO. 118 THE SUM OF $307,000 FOR THE BALM CE OF THE 1965 -66 FISCAL YEAR FOR THE OPERATIONS OF THE BUS SYSTEM, BASED UPON THE ESTIMATED REVENUES, AND AS SET FORTH IN THE TRANSIT FUND BUDGET, A COPY OF WHICH IS ATTACHED HERETO, MARKED EXHIBIT 'fill, AND MADE A PART HEREOF; AND DECLARING AN EMERGENCY. WHEREAS, THE CITY OF CORPUS CHRISTI HAS ENTERED INTO A CONTRACT WITH THE NUECES TRANSPORTATION COMPANY TO LEASE FACILITIES OF THE COMPANYg [t AND TO PROVIDE BUS SERVICE BEGINNING JANUARY 1, 1966; AND WHEREAS, THE REVENUES TO BE DERIVED FROM THE OPERATION OF THE BUS SYSTEM WERE NOT ANTICIPATED AT THE TIME OF THE ADOPTION OF THE 1965 -66 BUDGET; AND WHEREAS, IT IS NECESSARY TO PROVIDE APPROPRIATIONS TO CARRY OUT THE OPERATIONS OF THE BUS SYSTEM: ' NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. THERE IS HEREBY ESTABLISHED A FUND TO BE DESIGNATED ' AND KNOWN AS THE "TRANSIT FUND." SECTION 2. THERE IS HEREBY APPROPRIATED OUT OF TRANSIT FUND NO. 118, THE SUM,OF $307,000 FOR THE BALANCE OF THE 1965 -66 FISCAL YEAR FOR THE OPERATIONS OF THE BUS SYSTEM, BASED UPON THE ESTIMATED REVENUES, AND AS SET FORTH IN THE TRANSIT FUND BUDGET, A COPY OF WHICH IS ATTACHED HERETO, MARKED EXHIBIT "I ", AND MADE A PART HEREOF. SECTION 3. THE NECESSITY TO IMMEDIATELY MAKE THE ABOVE DESCRIBED APPROPRIATION IN ORDER TO BEGIN OPERATIONS OF THE BUS SYSTEM BY,THE CITY ON JANUARY 1, 1966, CREATES A PUBLIC EMERGENCY AND AN IMPERATIVE PUBLIC NECESSITY REQUIRING THE SUSPENSION OF THE CHARTER RULE THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE SEVERAL MEETINGS OF THE CIT�Y.COUNCIL, AND THE MAYOR HAVING DECLARED SUCH EMERGENCY AND b } =t k 7852 R NECESSITY TO EXISTS HAVING REQUESTED THE SUSPENSION OF SAID CHARTER RULE AND THAT THIS ORDINANCE BE PASSED FINALLY ON THE DATE OF ITS INTRODUCTION AND THAT THIS ORDINANCE TAKE EFFECT AND BE IN FULL FORCE AND EFFECT FROM AND AFTER ITS PASSAGE, IT IS ACCORDINGLY SO ORDAINED THIS THE DAY OF DECEMBER, 1965. CITf SECRETARY ,J THE CITY OF CORPUS CHRISTI, TEXAS APPROVED AS TO LEGAL FORM THIS � 7I'`6bAY OF DECEMBER, 19 65: ASSISTANT CITY /Aff •ORNEY I f Annual Budget Transit Fund Budget January 1, 1966 thru July 31, 1966 7 Months Nueces Transportation Company t Actual for October 1 thru September 30 � Budget 1962 -63 1963 -64 1964 -65 7+Months _ Revenues • , Passengers $506,062 $466,428 $412,135 $250,000 Charters 74,203 69,855 84,354 49,000 Contracts 2,578 2,592 2,534 2,500 Advertising 7,800 6,000 4,887 2,500 Rentals x 6,000 6,000 16,000 Management Service 12,600 21,250 21,000 r° Other 9,586 8,267 5,758 3,000 Total $618,829 $580,392 '$536,668 a $307,000 4. Expenditures ' Bus Maintenance $117,766 $118,844 $105,171 $ 57,000 Transportation 270,616 269,132 253,437 145,000 General and Administration 117,806 119,388 155,920 72,000 Tax (Including Social Security) 483792 46,120 42,172 15,000 Depreciation 39,308 28,473 28,310 18,000 Total $594,288 $581,957 $585,010 $307,000 Net Income $ 24,541 $ (1,565 $ 4( 8,342) General Fund 1. Property Taxes - all governmental agencies 3 500 2. Additional transfers from the General Fund may be indicated after initial expenditure patterns are established. 12 -29 -65 EXIBIT I City of Corpus Christi, Texas C" CORPUS CHRISTI, TEXAS 'If DAY OF �-cu , 19-L)- 9 G ) TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FORE- GOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPENSION OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; 1, THEREFORE, HEREBY REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDINANCE FINALLY ON THE DATE IT IS INTRO- DUCED, OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLY, MAYOR THE CITY OF CORPUS CHRISTI, TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: DR. MC IVER FURMAN JACK BLACKMON PATRICK J. DUNNE DR. P. JIMENEZ, JR. KEN MCDANIEL de RONNIE SIZEMORE �( WM. H. WALLACE /7U THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWING VOTE: DR. MCIVER FURMAN JACK BLACKMON Q .f PATRICK J. DUNNE DR. P. JIMENEZ, JR. Q KEN MCDANIEL RONNIE SIZEMORE G WM. H. WALLACE