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HomeMy WebLinkAbout030026 ORD - 12/10/2013ORDINANCE AUTHORIZING EXECUTION OF A DISTRIBUTION MAIN EXTENSION CONSTRUCTION AND REIMBURSEMENT AGREEMENT ( "AGREEMENT ") WITH COYOTE ACRES REAL ESTATE HOLDINGS, LLC ( "DEVELOPER "), FOR THE CONSTRUCTION OF A DISTRIBUTION WATERLINE AND APPROPRIATING $12,920.00 FROM THE NO. 4030 WATER DISTRIBUTION MAIN TRUST FUND TO REIMBURSE THE DEVELOPER IN ACCORDANCE WITH THE AGREEMENT. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Manager, or his designee, is authorized to execute a Distribution Main Extension Construction and Reimbursement Agreement ( "Agreement ") with Coyote Real Estate Holdings, LLC ( "Developer "), for the extension of an offsite 8 -inch distribution waterline, including all related appurtenances, for development of Lots 1 & 2, Block 1, Coyote Acres, Corpus Christi, Nueces County, Texas. SECTION 2. Funding in the amount of $12,920.00 is appropriated from the No. 4030 Water Distribution Main Trust Fund to reimburse the Developer for construction of the offsite distribution waterline in accordance with the Agreement. The forego' ordinance this the �� ° ^ day of Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb s read for the first time and passed to its second reading on , 2013, by the following vote: Chad Magill Colleen McIntyre Lillian Riojas Mark Scott The foreg i ordinance was ead for the second time and passed finally on this the day of ea , 2013, by the following vote: Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb Chad Magill Colleen McIntyre Lillian Riojas Mark Scott 0 2 6 INDEXED PASSED AND APPROVED this the 0 day of * r , 2013 ATTEST: Armando Chapa City Secretary CITY F CORPUS CHRISTI Nelda Martinez Mayor 0 d 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 current fiscal 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: December 10, 2013 Agenda Item: Ordinance authorizing execution of a distribution main extension construction and reimbursement Agreement ( "Agreement*) with Coyote Acres Real Estate Holdings, LLC ( "Developer"), for the construction of a distribution waterline and appropriating $12,290.00 from the NO. 4030 Water Distribution Main Trust Fund to reimburse the developer in accordance with the agreement. Amount Required: $ 12, 920.00 Fund Name Water Distribution Main Trust Fund Account No. Fund No. Org. No. 540450 4030 21806 Project No. I Amount $12,920.00 Total ❑ Certification Not Required J $12,920.00 Director of Financial Services Date: NOV 1 8 2013