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HomeMy WebLinkAbout023029 ORD - 08/12/1997AN ORDINANCE ESTABLISHING SEAWALL PARKING LOT ACQUISITION TRUST ACCOUNT NO. 111-243.91 IN THE NO. 111 TRUST FUND; AMENDING ORDINANCE NO. 022993 WHICH ADOPTED THE FY 97-98 BUDGET BY ADDING $471,304.11 TO THE NO. 111 TRUST FUND, SUCH AMOUNT CONSISTING OF $282,750 CASH FROM SEAWALL PROPERTY OWNERS, A $145,000 LOAN FROM THE CORPUS CHRISTI COMMUNITY IMPROVEMENT CORPORATION, AND A $49,105 RECEIVABLE FROM THE GENERAL FUND; APPROPRIATING $471,304 FROM THE NO. 111 TRUST FUND FOR THE PURCHASE OF LOTS 13, 14, AND 15, BLOCK 45, PADRE ISLAND -CORPUS CHRISTI SECTION A, A SUBDIVISION OF THE CITY OF CORPUS CHRISTI, AS SHOWN BY MAP OR PLAT THEREOF, RECORDED IN VOLUME 33, PAGES 97-99 OF THE MAP RECORDS OF NUECES COUNTY, TEXAS FOR THE PURCHASE PRICE OF $450,000, PLUS ACCRUED INTEREST AT 8% FROM DECEMBER 29, 1996 TO JULY 31, 1997; PROVIDING FOR SEVERANCE; AND DECLARING AN EMERGENCY. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That there is hereby established a Seawall Parking Lot Acquisition Trust Account Number 111-243.91 in the No. 111 Trust Fund. SECTION 2. That there is hereby amended Ordinance 022993, which adopted the FY 1997-98 budget, by adding Four Hundred Seventy One Thousand Three Hundred Four Dollars ($471,304) to the No. 111 Trust Fund, such funds being composed of $282,750 cash from the seawall property owners, a loan of $145,000 from the Corpus Christi Community Improvement Corporation Special Projects Fund, and a receivable of $49,105 from the General Fund. SECTION 3. That there is hereby appropriated Four Hundred Seventy One Thousand Three Hundred Four Dollars ($471,304) in the No. 111 Trust Fund for the purchase of Lots 13, 14, and 15, Block 45, Padre Island -Corpus Christi Section A, a subdivision of the City of Corpus Christi, as shown by map or plat thereof, recorded in Volume 33, Pages 97-99 of the Map Records of Nueces County, Texas for the purchase price of $450,000 plus accrued interest at 8% from December 29,1996. SECTION 4. If for any reason any section, paragraph, subdivision, clause, phrase, word or provision of this ordinance shall be held invalid or unconstitutional by final judgment of a court of competent jurisdiction, it shall not affect any other section, paragraph, subdivision, clause, phrase, word or provision of this ordinance for it is the definite intent of this City council that every section, paragraph, subdivision, clause, phrase, word or provision hereof be given full force and effect for its purpose. 97N142850.508 rsitAg-ElLMED SECTION 5. 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 i passed and shall take effect upon first reading as an emergency measure this the /2/Jh day of d , 1997. ATTEST: City Secretary THE CITY OF CORPUS CHRISTI AYOR THE CITY OF CORPUS CHRISTI APPROVED THIS THE 8TH DAY OF AUGUST, 1997. JAMES R. BRAY JR., CITY ATTORNEY orbert J. Hart, Assistant City A Attor 97N1-12850.508 2 Corpus Christi, Texas h day of Q,(,((�,101 TO THE MEMBERS OUFF THE CITY COUNCIL Corpus Christi, Texas , 1997. 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 CITY OF CORPUS CHRISTI 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 97NH2850.508 3 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: $ 4//, 304° l 1 Description of Contract, Agreement, Obligation, or Expenditure: Puzhuge (4 lots i3, l4 t lSrBLcck ys) Pi, jr„ / s hnd - %rpus e%nsh Sechrn a suk,i,„islon eF +he. (''ltil cF Gc„pa s rh,-15-h Fund from which Money is to be Drawn: / 1)) T1"u.5-t run( FOR OFFICE USE ONLY Fund No. and Name Activity/Project No. )11- 000,3'43 .1-019c) n r Activity/ProjectName Sec uJ0.l1 f Q1rku�q Jo)" Acquls.t1�» YunJ Appropriation Ordinance: Yes / No Ordinance/Motion No.: D rrt d Council Meeting Dated: t1 ufrus# 7 111 Trod- Fund