HomeMy WebLinkAbout14353 ORD - 06/14/1978JKH:hb:6 /12/78
AN ORDINANCE
APPROPRIATING $46,056.02 OUT OF VARIOUS BOND FUNDS
IN CONNECTION WITH THE SALE OF $11,000,000 GENERAL
IMPROVEMENT BONDS, SERIES 1978, SOLD ON,,FEBRUARY 15,
1978, AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. That there is hereby appropriated the sum of
$46,056,02 out of various bond funds as hereinafter set forth for expenses
in connection with the sale of $11,000,000 General Improvement Bonds,
Series 1978, said sale having been conducted on February 15, 1978, said ex-
penses being as follows:
i%
Bond Attorney, Hobby H. McCall $10,31.5.59
Financial Advisor, M. E. Allison, Sr. 26,412.07
Printing Official Statement 3,682.36
Printing Bonds 1,246.00
Bond Rating Services
Moody's Investors Services 1,600.00
Standard & Poors 2,800.00 '
46,056.02
Bonds
Fund Sold Percent Appropriation
209 Convention Facility $ 6,000,000 54.55 $25,123.57
220 "Street 885,000 8.05 3,707.51
245 Airport 300,000 2.73 1,257.33
250 Sanitary Sewer 2,530,000 23.00 10,592.88
260 Fire Department . 10,000 .09 41.45
261 Coliseum 150,000 1.37 630.97
263 Museum 50,000 .45 207.25
265 Multi - Cultural Center 50,000 .45 207.25
266 Police Building 50,000 .45 207.25
267 Animal Shelter 90,000 .82 377.66
269 Library 50,000 .45 207.25
291 Park 550,000 5.00 2,302.80
295 Storm Sewer 285,000 2.59 1,192.85
11,000,000 100.00 46,056.02
SECTION 2. That the necessity to appropriate the sums herein-
, above described for expenses in connection the Series 1978 General Improve-
ments bonds 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 City
Council, and the Mayor having declared that such emergency and necessity
exist, and having requested the suspension of the Charter rule and that
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14353
this ordinance be passed finally on the date of its introduction and take
effect and be in full force and effect from and after its passage, IT IS
ACCORDINGLY SO ORDAINED, this the' ay of June, 1978.
ATTEST: ?/
C Secrttary MAYOR,_ro_ema
THE CITY OF CORPUS CHRISTI, TEXAS
APPROVED:
__t'f DAY OF JUNE, 1978:
J. BRUCE AYCOCK, CITY ATTORNEY
By.
s istant City At orney
4
h
t
CITY OF CORPUS CHRISTI, TEUS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
May 17, 1978
I certify to the City Council that $ 46,056.02 , 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 See List Below
Project No.
Project Name
$ 46,056.02
FIN 2 -55
Revised 7/31/69
from which it is proposed
to be drawn, and
such money is not appropriated for
any other purpose.
Fund
Appropriation
209
Convention Facility
$ 25,123.57
220
Street
3,707.51
245
Airport
1,257.33
Ma 12 19 78
250
Sanitary Sewer
10,592.88
260
Fire Department
41.45
261
Coliseum
630.97
263
Museum
207.25
265
Multi— Cultural Center.
207.25
Di ec of ance
266
Police Building
207.25
267
Animal Shelter
377.66
269
Library
207.25
291
Park
2,302.80
i
295
Storm Sewer
1,192.85
$ 46,056.02
FIN 2 -55
Revised 7/31/69
Corpus Christi, T1"t
/ _day of 19
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 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; I, therefore, request
that you suspend said Charter rule or requirement and pass this ordinance
finally on the date it is introduced, or at the present meeting of the City
Council.
Respectfully,
MAYORt[O-Iem
THE CITY OF CORPUS CHR I TI, TEXAS
The Charter Rule was suspended by the following vote:
Gabe Lozano, Sr.
Bob Gulley
David Diaz
'Ruth Gill
Joe Holt
Tony Juarez, Jr.
Edward L. Sample
The above ordinance was passed
Gabe Lozano, Sr.
Bob Gulley
David Diaz
Ruth Gill
Joe Holt
Tony Juarez, Jr.
Edward L. Sample
14353
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