HomeMy WebLinkAbout029517 ORD - 06/12/2012Page 1 of 3
Ordinance
Appropriating $125,000 from the unreserved fund balance in the No.
1140 Business/Job Development Fund for a business incentive grant
from the Corpus Christi Business and Job Development Corporation
("Type A Corporation") to Little Boeing Blue, Inc. ("Motorglobe") for
building improvements and new equipment for a new headquarters
in Corpus Christi and the creation and retention of jobs; Changing
the FY 2011-2012 operating budget, adopted by Ordinance No.
029155, by increasing proposed expenditures by $125,000; and
declaring an emergency
Be it ordained by the City Council of the City of Corpus Christi, Texas:
SECTION 1. That $125,000 from the unreserved fund balance in the No. 1140
Business/Job Development Fund is appropriated for a business incentive grant from the
Type A Corporation to Motorglobe for building improvements and new equipment for a
new headquarters in Corpus Christi and the creation and, retention of jobs.
SECTION 2. That Ordinance No. 029155, which adopted the FY 2011-2012 Operating
Fund, is changed to increase proposed expenditures in the No. 1140 Business/Job
Development Fund by $125,000 for a business incentive grant from the Type A
Corporation to Motorglobe for building improvements and new equipment for a new
headquarters in Corpus Christi and the creation and retention of jobs.
SECTION 3. That upon written request of the Mayor or five Council members, copy
attached, the City Council (1) finds and declares an emergency due to the need for
immediate action necessary for the efficient and effective administration of City affairs
and (2) suspends the Charter rule that requires consideration of and voting upon
ordinances at two regular meetings so that this ordinance is passed and takes effect
upon firsteading as an emergency measure on this the 142-4h day of
, 2012.
ATTEST:
Armando Chapa
City Secretary
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CITY OF CORPUS CHRISTI
1
Joe A ame
Mayor
C} 29517 INDEXED
APPROVED: 41,e. 1 '3
Charlott ochem
Assist. t City Attorney
For City Attorney
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2012
Page 2 of 3
Page 3 of 3
Corpus Christi, Texas
7-- Day of ,2012
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,
Joe A ame
Mayor
Council Members
The above ordinance was passed by the following vote:
Joe Adame
Chris N. Adler
Kelley Allen
Larry Elizondo, Sr.
Priscilla G. Leal
David Loeb
John E. Marez
Nelda Martinez
Mark Scott
bf7a436d-6708-4667-b335-01c3b5178a5b.docx
029517
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officers that the money required for the
currentfiscal year's portion of 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. Future payments are subject to annual appropriation by the City Council.
City Council Action Date: June 12, 2012
Agenda Item:
Ordinance appropriating $125,000 from the unreserved fund balance in the No. 1140 Business/Job
Development Fund for a business incentive grant from the Corpus Christi Business and Job
Development Corporation ("Type A Corporation") to Little Boeing Blue, Inc. ("Motorglobe") for building
improvements and new equipment for a new headquarters in Corpus Christi and the creation and
retention of jobs; Changing the FY 2011-2012 operating budget, adopted by Ordinance No. 029155, by
increasing proposed expenditures by $125,000; and declaring an emergency
Amount Required: $125,000
Fund Name
Account No.
Fund No.
Org. No.
Project No.
Amount
CCBJDC
251850
1140
000000
$125,000
Total
$125,000
❑ Certification Not Required
,
Director of Financial Services
Date: - i i _,, 7_