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HomeMy WebLinkAbout022921 ORD - 05/13/1997ORDINANCE APPROPRIATING $252,442 FROM ACCUMULATED INTEREST IN THE CAPITAL PROJECTS FUNDS; AUTHORIZING THE TRANSFER OF THIS AMOUNT INTO THE NO. 300 GENERAL OBLIGATION DEBT SERVICE FUND FOR THE ANNUAL DEBT SERVICE PAYMENT; AND DECLARING AN EMERGENCY NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. There is appropriated $252,442 from accumulated interest in the Capital Projects Funds. SECTION 2. The City Council authorizes the transfer of $252,442 into the No. 300 General Obligation Debt Service Fund for the annual debt service payment. SECTION 3. That upon written request of the Mayor or five Council members, copy attached, to find and declare an emergency due to the need for immediate action necessary for the efficient and effective administration of city affairs, such finding of an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances at two regular meetings so that this ordinance 's passed and shall take effect upon first reading as an emergency measure this the 0/11 day of , 1997. ATTEST: THE CITY OF CORPUS CHRISTI 41 2cd" Armando Chapa, City ecretary MAYOR, LO D NEAL VVV APPROVED: 7"DAY OF fna7/ , 1997. JAMES R. BRAY JR., CITY ATTORNEY By: A6 ° &LZs•tl/> L— Michael L. Scanlon Assistant City Attorney MS5000. 108 bak May 9, 1997 (8'46am) P22921 Cita (LME( Corpus Christi, Texas IBFFI day of IY 19M_ TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances at two regular meetings: I/we, therefore, request that you suspend said Charter rule and pass this ordinance finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, Respectfully, Council Members > M YOR t The above ordinance was passed by the following vote: Loyd Neal Jaime Capelo Melody Cooper Alex L. Garcia, Jr. Arnold Gonzales Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols THE CITY OF CORPUS CHRISTI oto ahuth CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Finance of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officer that the money required for 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: Amount Required: Description of C ntract, Agreement, Obligation, or Ex enditure: f tatt.t.Chelqa /l10.:tr..4 C5t� 1�iYt� lei— 14 Fund from which Money is to be Drawn: Van.t, L a rata a Qefl 13 t �. c�[otittal AAa d - 1b 514106 FOR OFFICE USE ONLY I r Fund No. and Name Jo 6� C/eferm,nprl hosed Cr) mrnorneni' d l)recth L Activity/Project No. Activity/Project Name Appropriation Ordinance: Yes // No Ordinance/Motion No.: Urti Council Meeting Dated: Matt 13, 19i 7