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HomeMy WebLinkAbout029574 RES - 07/31/2012Resolution directing staff to prepare the ordinance calling the November 6, 2012 election to include bond proposition and ballot language approved during meeting of July 31, 2012. Be it resolved by the City Council of Corpus Christi, Texas: Section 1. That City Council directs staff to prepare an ordinance for City Council consideration at its meeting of August 14, 2012, which calls the November 6, 2012 election and includes the proposition and ballot language approved during meeting of July 31, 2012. ATTEST: CITY OF CORPUS CHRISTI Armando Chapa City Secretary gdefr,,,„,e Joe ,(dame Mayor 029574 INDEXED Corpus Christi, Texas of ,2012 The above resolution was passed by the following vote: Joe Adame Chris N. Adler Kelley Allen Larry Elizondo, S Priscilla G. Leal David Loeb John E. Marez Nelda Martinez Mark Scott _0„ztv 029574 PROPOSITION NO. 1 STREETS Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount of $55,000,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, improving, and making permanent street improvements throughout the City, including (without limitation) constructing, reconstructing, restructuring and extending streets and thoroughfares and related sidewalks, streetscapes and collectors (but specifically excluding related City utility costs, which are the responsibility of the City's utility system), with priority given to the following street projects: NAVIGATION BOULEVARD, generally from Up River Road to Leopard Street SOUTH ALAMEDA STREET, generally from Ayers Street to Louisiana Avenue GREENWOOD DRIVE, generally from Gollihar Road to Horne Road OCEAN DRIVE, generally from Buford Street to Lousiana Avenue TULOSO ROAD, generally from IH 37 to Leopard Street SOUTH STAPLES STREET, generally from Brawner Parkway to Kostoryz Road SOUTH STAPLES STREET, generally from Morgan Avenue to IH 37 MCARDLE ROAD, generally from Nile Drive to Ennis Joslin Road MCARDLE ROAD, generally from Whitaker Drive to Nile Drive KOSTORYZ ROAD, generally from Brawner Parkway to Staples Street HORNE ROAD, generally from Ayers Street to Port Avenue MORGAN AVENUE, generally from Staples Street to Crosstown Freeway TWIGG STREET, generally from Shoreline Boulevard to Lower Broadway LEOPARD STREET, generally from Crosstown Freeway to Palm Drive HOLLY ROAD, generally from Crosstown Freeway to Greenwood Drive (contingent on receipt of federal leveraging funds) WILLIAMS DRIVE, generally from Staples Street to Airline Road (contingent on receipt of federal leveraging funds) YORKTOWN BOULEVARD, generally from Rodd Field Road to Cimarron Road JFK CAUSEWAY AREA IMPROVEMENTS CITY-WIDE ADA MASTER PLAN IMPROVEMENTS CITY-WIDE SIGNAL IMPROVEMENTS AND STREET LIGHTING CITY-WIDE STREET PROJECTS RECEIVING LEVERAGING FUNDS FROM THE TEXAS DEPARTMENT OF TRANSPORTATION and in providing for the above public improvements, the City Council shall have the option to (i) utilize other funds available for such purposes and (ii) abandon such indicated public improvements that are reliant, in part, on external sources of funding that (for whatever reason) do not materialize, and after making due provision for the improvements listed above or determining that an expected external source of revenue will not become available, the City Council may, in its discretion, use any excess funds for constructing, reconstructing, restructuring and extending other streets, and thoroughfares and related sidewalks, streetscapes and collectors (but excluding related City utility costs, as specified above); and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAINST BALLOT LANGUAGE: PROPOSITION NO. 1 STREETS THE ISSUANCE OF BONDS FOR DESIGNING, CONSTRUCTING, RENOVATING, AND MAKING PERMANENT STREET IMPROVEMENTS IN THE AGGREGATE PRINCIPAL AMOUNT OF $55,000,000 INCLUDING: NAVIGATION BOULEVARD, generally from Up River Road to Leopard Street SOUTH ALAMEDA STREET, generally from Ayers Street to Louisiana Avenue GREENWOOD DRIVE, generally from Gollihar Road to Horne Road OCEAN DRIVE, generally from Buford Street to Lousiana Avenue TULOSO ROAD, generally from IH 37 to Leopard Street SOUTH STAPLES STREET, generally from Brawner Parkway to Kostoryz Road SOUTH STAPLES STREET, generally from Morgan Avenue to IH 37 MCARDLE ROAD, generally from Nile Drive to Ennis Joslin Road MCARDLE ROAD, generally from Whitaker Drive to Nile Drive KOSTORYZ ROAD, generally from Brawner Parkway to Staples Street HORNE ROAD, generally from Ayers Street to Port Avenue MORGAN AVENUE, generally from Staples Street to Crosstown Freeway TWIGG STREET, generally from Shoreline Boulevard to Lower Broadway LEOPARD STREET, generally from Crosstown Freeway to Palm Drive HOLLY ROAD, generally from Crosstown Freeway to Greenwood Drive, (contingent upon receipt of federal leveraging funds) WILLIAMS DRIVE, generally from Staples Street to Airline Road, (contingent upon receipt of federal leveraging funds) YORKTOWN BOULEVARD, generally from Rodd Field Road to Cimarron Road JFK CAUSEWAY AREA IMPROVEMENTS ADA MASTER PLAN IMPROVEMENTS- citywide SIGNAL IMPROVEMENTS AND STREET LIGHTING - citywide TXDOT PARTICIPATION PROJECTS AND OTHER STREET IMPROVEMENTS. PROPOSITION NO. 2 CITY HALL IMPROVEMENTS Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount of $1,750,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, improving, and equipping City Hall (including fire system improvements, roof repairs, and other general repairs and renovations); and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAINST BALLOT LANGUAGE: PROPOSITION NO. 2 CITY HALL IMPROVEMENTS THE ISSUANCE OF BONDS FOR THE DESIGN, CONSTRUCTION, RENOVATION, IMPROVEMENT, AND EQUIPMENT OF CITY HALL IMPROVEMENTS IN THE AGGREGATE PRINCIPAL AMOUNT OF $1,750,000 INCLUDING: CITY HALL FIRE SUPPRESSION AND FIRE ALARM UPGRADES CITY HALL ROOF REPAIR AND WATERPROOFING (EXTERIOR) AND OTHER CITY HALL IMPROVEMENTS. PROPOSITION NO. 3 SERVICE CENTER COMPLEX IMPROVEMENTS Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount of $4,750,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, expanding, improving, and equipping the City's Service Center Complex (including Streets and Solid Waste Administration Building Roof Replacement, expansion of Signs/Signal Operations facilities, renovations and improvements to Animal Control facilities, roof repairs to Fleet Maintenance/Heavy Equipment facilities, construction of new facilities for Streets & Solid Waste); and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAI NST BALLOT LANGUAGE: PROPOSITION NO. 3 SERVICE CENTER COMPLEX IMPROVEMENTS THE ISSUANCE OF BONDS FOR THE DESIGN, CONSTRUCTION, RENOVATION, EXPANSION, IMPROVEMENT, AND EQUIPMENT OF THE CITY SERVICE CENTER COMPLEX IN THE AGGREGATE PRINCIPAL AMOUNT OF $4,750,000 INCLUDING: STREETS AND SOLID WASTE ADMINISTRATION BUILDING ROOF REPLACEMENT SIGNS/SIGNAL OPERATIONS - NEW SHOP AND OFFICE FACILITY ANIMAL CONTROL REMODELIIMPROVEMENTS FLEET MAINTENANCE HEAVY EQUIPMENT SHOP ROOF STREETS & SOLID WASTE STORAGE BUILDING STRUCTURE WITH SLAB (NEW FACILITY) AND OTHER SERVICE CENTER COMPLEX IMPROVEMENTS. PROPOSITION NO. 4 PARKS & RECREATION Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount of $16,000,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, improving, and equipping City parks and recreation facilities, with priority given to the following City parks and recreation projects: Community Park Development and Improvements Hike & Bike Trail Development Aquatic Facility Upgrades and Improvements Tennis Center Repairs and Upgrades (H.E.B. &AI Kruse Centers) Ocean Drive Park Improvements and in providing for the above public improvements, the City Council shall have the option to utilize other funds available for such purposes, and after making due provision for the improvements listed above, the City Council may, in its discretion, use any excess funds for designing, constructing, renovating, improving, and equipping other City parks and recreation facilities; and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAINST BALLOT LANGUAGE: PROPOSITION NO. 4 PARKS & RECREATION THE ISSUANCE OF BONDS FOR DESIGNING, CONSTRUCTING, RENOVATING, IMPROVING, AND EQUIPPING CITY PARKS AND RECREATIONAL FACILITIES IN THE AGGREGATE PRINCIPAL AMOUNT OF $16,000,000 INCLUDING: COMMUNITY PARK DEVELOPMENT AND IMPROVEMENTS HIKE & BIKE TRAIL DEVELOPMENT AQUATIC FACILITY UPGRADES AND IMPROVEMENTS TENNIS CENTER REPAIRS AND UPGRADES (H.E.B. &AL KRUSE CENTERS) OCEAN DRIVE PARK IMPROVEMENTS AND OTHER PARK AND RECREATION IMPROVEMENTS. PROPOSITION NO. 5 MUSEUM AND LIBRARY IMPROVEMENTS Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount of $2,340,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, improving, and equipping City museums and libraries, with priority given to the following City museum and library projects: Museum of Science and History Roof Replacement Central Library Roof Replacement Northwest Library and Garcia Library Roof Replacement ADA improvements to South Texas Art Museum building and Barge Dock parking lot and in providing for the above public improvements, the City Council shall have the option to utilize other funds available for such purposes, and after making due provision for the improvements listed above, the City Council may, in its discretion, use any excess funds for designing, constructing, renovating, improving, and equipping other City museums and library facilities; and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAINST BALLOT LANGUAGE: PROPOSITION NO. 5 MUSEUM & LIBRARY IMPROVEMENTS THE ISSUANCE OF BONDS FOR DESIGNING, CONSTRUCTING, RENOVATING, IMPROVING AND EQUIPPING MUSEUM AND LIBRARY FACILITIES IN THE AGGREGATE PRINCIPAL AMOUNT OF $2,340,000 INCLUDING: MUSEUM OF SCIENCE AND HISTORY ROOF REPLACEMENT CENTRAL LIBRARY ROOF REPLACEMENT NORTHWEST LIBRARY AND GARCIA LIBRARY ROOF REPLACEMENT ADA IMPROVEMENTS TO SOUTH TEXAS ART MUSEUM BUILDING AND BARGE DOCK PARKING LOT AND OTHER MUSEUM AND LIBRARY IMPROVEMENTS. PROPOSITION NO. 6 PUBLIC HEALTH IMPROVEMENTS Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount of $820,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest; at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, improving, and equipping City public health facilities, with priority given to the following City public health facility projects: Health Department East Rear Restroom Repair and WIC Building Roof Repair Health Department Building Parking Lot and in providing for the above public improvements, the City Council shall have the option to utilize other funds available for such purposes, and after making due provision for the improvements listed above, the City Council may, in its discretion, use any excess funds for designing, constructing, renovating, improving, and equipping other City public health facilities; and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAINST BALLOT LANGUAGE: PROPOSITION NO. 6 PUBLIC HEALTH IMPROVEMENTS THE ISSUANCE OF BONDS FOR DESIGNING, CONSTRUCTING, RENOVATING, IMPROVING AND EQUIPPING PUBLIC HEALTH FACILITIES IN THE AGGREGATE PRINCIPAL AMOUNT OF $820,000 INCLUDING: HEALTH DEPARTMENT EAST REAR RESTROOM REPAIR AND WIC BUILDING ROOF HEALTH DEPARTMENT BUILDING PARKING LOT AND OTHER PUBLIC HEALTH IMPROVEMENTS. PROPOSITION NO. 7 PUBLIC SAFETY IMPROVEMENTS Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount of $700,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, improving, and equipping City public safety facilities (fire, police, animal control, and emergency medical services), with priority given to constructing Phase 2 of the Vehicle Impound Yard and Garage; and in providing for the above public improvements, the City Council shall have the option to utilize other funds available for such purposes, and after making due provision for the improvements listed above, the City Council may, in its discretion, use any excess funds for designing, constructing, renovating, improving, and equipping other City public safety facilities; and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAI NST BALLOT LANGUAGE: PROPOSITION NO. 7 PUBLIC SAFETY IMPROVEMENTS THE ISSUANCE OF BONDS FOR DESIGNING, CONSTRUCTING, RENOVATING, IMPROVING, AND EQUIPPING PUBLIC SAFETY IMPROVEMENTS IN THE AGGREGATE PRINCIPAL AMOUNT OF $700,000 INCLUDING: VEHICLE IMPOUND YARD AND GARAGE --- PHASE 2 AND OTHER PUBLIC SAFETY IMPROVEMENTS. PROPOSITION NO. 8 ECONOMIC DEVELOPMENT PROJECTS Shall the City of Corpus Christi, Texas be authorized, in accordance with applicable law, to issue bonds of the City, in one or more series or issues and in the aggregate principal amount not to exceed $8,400,000.00, with such series or issues of bonds, respectively, to mature serially or otherwise within not to exceed forty years from their date and to be sold at such prices and bear interest at such rates (whether fixed, floating, variable, or otherwise, but in no case at a rate that exceeds the maximum rate per annum authorized by applicable law at the time of any such issuance), as shall all be determined within the discretion of the City Council, for the purpose of making permanent public improvements or for other public purposes, to wit: designing, constructing, renovating, improving, and equipping City streets, sidewalks, and related facilities that are expected to promote and expand business activities in the City, with priority given to the following City streets, sidewalks, and related facility projects in promotion of economic development: SeaTown Pedestrian Improvements North Beach Area Road Improvements (including relating landscaping and public art) North Beach Breakwater, Plaza, North Shoreline Road Repair and Enhancement (contingent upon receipt of leveraging funds) County Road 52 Extension, generally County Road 69 to FM 1889 (contingent upon receipt of leveraging funds) International Boulevard (contingent upon receipt of leveraging funds) Other street and utility construction projects for which the City receives developer participation and in providing for the above public improvements, the City Council shall have the option to (1) utilize other funds available for such purposes and (ii) abandon such public improvements that are reliant, in part, on external sources of funding that (for whatever reason) do not materialize, and after making due provision for the improvements listed above or determining that an expected external source of revenue will not become available, the City Council may, in its discretion, use any excess funds for designing, constructing, renovating, improving, and equipping City streets, sidewalks, and related facilities that are expected to promote and expand business activities in the City; and shall the City Council be authorized to levy and pledge, and cause to be assessed and collected, annual ad valorem taxes on all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity and to pay the costs of any credit agreements executed in connection with the bonds? FOR AGAINST BALLOT LANGUAGE: PROPOSITION NO. 8 ECONOMIC DEVELOPMENT PROJECTS THE ISSUANCE OF BONDS FOR THE DESIGN, CONSTRUCTION, RENOVATING, IMPROVEMENT, AND EQUIPMENT OF CITY STREETS, SIDEWALKS, AND RELATED FACILITIES THAT ARE EXPECTED TO PROMOTE AND EXPAND BUSINESS ACTIVITIES, IN THE AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $8,400,000, INCLUDING: SEATOWN PEDESTRIAN IMPROVEMENTS NORTH BEACH AREA ROAD IMPROVEMENTS AND AREA BEAUTIFICATION NORTH BEACH BREAKWATER, PLAZA, NORTH SHORELINE REPAIR AND ENHANCEMENT (contingent upon receipt of leveraging funds) COUNTY ROAD 52 EXTENSION, GENERALLY COUNTY ROAD 69 TO FM 1889 (contingent upon receipt of leveraging funds) INTERNATIONAL BOULEVARD (contingent upon receipt of leveraging funds) OTHER STREET AND UTILITY CONSTRUCTION PROJECTS FOR WHICH THE CITY RECEIVES DEVELOPER PARTICIPATION AND OTHER ECONOMIC DEVELOPMENT PROJECTS.