HomeMy WebLinkAbout022953 ORD - 06/10/1997ORDINANCE
AUTHORIZING THE TRANSFER OF $1,733 FROM THE NO. 102 GENERAL FUND TO
THE NO. 420 CERTIFICATES OF OBLIGATION - TAX INCREMENT FINANCING
DEBT SERVICE FUND(CO-TIF); INCREASING REVENUES BY $1,733 IN THE NO. 420
CO -TIF DEBT SERVICE FUND TO COVER THE FUND DEFICIT; AMENDING
ORDINANCE NO. 022643, WHICH ADOPTED THE FY 96-97 BUDGET, BY ADDING
$1,7333 TO THE NO. 420 CO -TIF DEBT SERVICE FUND; AND DECLARING AN
EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. That the transfer of $1,733 from the No. 102 General Fund to the No. 420
Certificates of Obligation - Tax Increment Financing Debt Service Fund is approved.
SECTION 2. That revenues are increased by $1,733 in the No. 420 Certificates of
Obligation - Tax Increment Financing Debt Service Fund to cover the fund deficit.
SECTION 3. That Ordinance No. 022643, which adopted the FY 96-97 budget, is amended
by adding $1,733 to the No. 420 Certificates of Obligation - Tax Increment Financing Debt Service
Fund.
SECTION 4. 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 meetin�s1 o that
thi rdinance is passed and shall take effect upon first reading as an emergency measure this the Ill I h day
of ,1997.
ATTEST:
THE CITY OF CORPUS CHRISTI
City Secretary
MAYOR
The City of Corpus Christi
Legal form approved June (�, 1997; James R. Bray, Jr., City Attorney
By: Cd NifrYc Ct Lea c1�
Alison Gallaway, Assistant City Attorne
A097A5000.246
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Corpus Christi, Texas
jna-h Day of A ru-) , 1997
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
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 A. McNichols
AGA97A5000.246
THE CITY OF CORPUS CHRISTI
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