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HomeMy WebLinkAbout12933 ORD - 12/17/1975• JKH:vmr:12- 16- 75;1st AN ORDINANCE APPROPRIATING $3,173,321.87 OUT OF THE WATER SYSTEM UNAPPROPRIATED FOND BALANCE FOR THE FOLLOWING PURPOSES: $36,760.43 FOR THE PURPOSE OF PAYING COSTS OF SELLING JR. LIEN WATER REVENUE BONDS; $139,206.72 TO BE DEPOSITED IN THE JR. LIEN WATER REVSNOE BOND INTEREST AND REDEMPTION FOND FOR 1975 -76 DEBT SERVICE REQDIRIINEr1TS; $2,997,354.72 IS TO BE DEPOSITED IN THE CHOKE CANYON RESERVOIR FOND TO BE USED FOR DEVEIAPMENT OF WATER SUPPLY; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, SECTION 1. That there is hereby appropriated the sum of $3,173,321.87 out of the Water System Unappropriated Fund Balance for the following purposes: $ 36,760.43 for the purpose of paying costs of selling Jr. Lien Water Revenue Bonds; $ 139,206.72 to be deposited in the Jr. Lien Water Revenue Bond Interest and Redemption Fund and for 1975 -76 Debt Service requirements; and $ 2,997,354.72 to be deposited in the Choke Canyon Reservoir Fund to be used for development 6f water supply. SECTION 2. The necessity to appropriate at the earliest practi- cable date the sums herelmabove set forth for the purposes outlined 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 but that such ordinance or resolution shall be read at three several meetings of the City Council, and the Mayor having declared such emergency and necessity to exist, and having requested the suspension of the Charter rule and that this ordinance take effect and be in full force sa--dd affect from and after its passage, IT IS ACCORDINGLY So ORDAINED, this the 9 day of December, 1975. ATTEST: Secretary AP V"=2 DAY OF DECEMBER, 1975 SML44� Gveolr City Attorn y MAYOR THE CITY OF CORPUS CHRISTI, TESAS - s.�L.7a�a7 CORPUS CMRItsTI, TEXAS DAY OF 9L TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FOREGOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPEN- SION OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE IT 13 INTRODUCED, AND THAT SUCH ORDINANCE OR RESOLUTION 9HALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; 1, THEREFORE, REQUEST THAT YOU SUSPENO SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDI- NANCE FINALLY ON THE DATE IT IS INTRODUCED, 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: JASON LUBY DR. BILL TIPTON EDUARDO DE ASES RUTH GILL BOSGULLEY GABE LOZANO, SR. EDWARD L. SAMPLE THE ABOVE ORDINANCE WAS PASSED BY THE F LLOWING VOTE: JASON LUBY 1_ OR. BILL TIPTON EDUARDO DE ASES RUTH GILL BOB GULLET GABE LOZANO, SR. EDWARD L. SAMPLE CITY OF CORPUS CHRISTI, TE)= CERTIFICATION OF FUNDS (City Charter Article IV Section 21) December 17, 1975 I certify to the City Council that $ 3,173,321. 87 , the amount required for the contract, agreement, obligation or expenditures contemplated in the above and foregoing ordinance is in the Treasury of the City of Corpus Christi to the credit of: Fund No. and Name Water System Debt Service Funds Project No. (Not Applicable) Project Name (Not Applicable) from which it is proposed to be drawn, and such money is not appropriated for any other purpose. 19ZL O � Director of Finance/ FIN 2 -55 Revised 7/31/69 CITY OF CORPOS CHRISM, TEXAS CMUIFICATION OF FMOS (City Charter Article N Section 21) December 17, 1975 I certify to the City Council that $ 3,173,321.87 , the amount required for the contract, agreement, obligation or expenditures Contemplated in the above and foregoing ordinance is in the Treasury of the City of Corpus Christi to the credit of: Fund No. and Name Water System Debt Service Muds Project No. (Not Applicable) Project Name (Not Applicable) from which it is proposed to be drawn, and such money is not appropriated for any other purpose. i 19a Director or F nanee: i FIN 2- 55 Revised 7/31/69 I CITY OF CORPUS CSRISTI, TEXAS = CERTIFICATION OF FUNDS (City Charter Article IV Section 21) Dcccmb._i 1'/, 1975 I certify to the City Council that $ 3,173,321.8 , the amount required for the contract, agreement, obligation or expenditures contemplated in the above and foregoing ordinance is in the Treasury of the City of Corpus Christi to the credit of: Fund No. and Name Water Syst:m Debt Service Bands Project No. (Not Applicable) Project Name (NoL Applicable) from which it is proposed to be drawn, and such money is not appropriated for any other purpose. Director of inane , FIN 2 -55 Revised 7/31/69