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HomeMy WebLinkAbout031402 ORD - 03/27/2018 Page 1 of 2 ORDINANCE APPROPRIATING $1,042,200.00 FROM THE UNRESERVED FUND BALANCE IN THE HOTEL OCCUPANCY TAX FUND; CHANGING THE OPERATING BUDGET IN THE AMOUNT OF $1,042,200.00; AND AUTHORIZING EXECUTION OF A CONSTRUCTION CONTRACT WITH CORDOVA CONSTRUCTION COMPANY INC., OF NACOGDOCHES, TX IN THE AMOUNT OF $786,210.00 FOR THE AMERICAN BANK CENTER & EXHIBITION HALL & CONVENTION CENTER RESTROOM UPGRADES PROJECT. (CAPITAL OUTLAY PROJECT FY 2018). BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. An amount of $1,203,655 from the Unreserved Fund Balance in No. 1030 Hotel Occupancy Tax Fund is appropriated into the No. 1030 Hotel Occupancy Tax Fund Org 13606. SECTION 2. The FY 2018 Operational Budget is changed to increase expenditures by $786,210.00 SECTION 3. The City Manager or designee is authorized to execute a construction contract with Cordova Construction Company Inc., of Nacogdoches, Texas in the amount of$786,210.00 for the American Bank Center& Exhibition Hall & Convention Center Restroom Upgrades project. (Capital Outlay Project FY 2018) That the foregoing ordin nce was read for the first time and passed to its second reading on this the 2( ay of 1 l8-✓C-4J 2018, by the following vote: Joe McComb � Ben Molina / Rudy Garza I�l1ryC , Lucy Rubio Paulette Guajardo aAak Greg Smith - - -Michael Hunter //''�� Garay faaghn VC Debbie Lindsey-Opel (�lyyt+(/4 That the foregoing ordinance`�n wasmread for the second time and passed finally on this the 2_/14ay of I I' L&V(A — , 2018, by the following vote: 6186433a-b412-4ba5-a136-tlic598115@a 031402 INDEXED Page 2 of 2 Joe McComb a P Ben Molina _the— Rudy Garza ',. Lucy Rubio 0)1,-,0:40j- Paulette Guajardo LÀ! Greg Smith _0+__ 0 Michael Hunter I., n \/2 ld- Debbie Lindsey-Opel iL. 1 PASSED AND APPROVED on this the 12-1 dayof �r �, 2018. ATTEST: XL Re ecca Huerta Joe McComb City Secretary Ma or I 6186433a-b412-4ba5-a136-d1c598115f2a 031402 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. CYI Gl\ 7 7, 208 City Council Action Date: .l Legistar Number: 18-0018 Agenda Item: Ordinance appropriating $1,042,200 from the Unreserved Fund Balance in the Hotel Occupancy Tax Fund; changing the Operating Budget in the amount of $1,042,200; and authorizing execution of a construction contract with Cordova Construction Company Inc., of Nacogdoches, TX in the amount of $786,210.00 for the American Bank Center & Exhibition Hall & Convention Center Restroom Upgrades project. (Capital Outlay Project FY 2018). Amount Required: $ 1,203,655 Fund Name Accounting Unit Account Activity No. Amount N . APPROPRIATION: Hotel Occupancy Tax Fund 251850 $1,042,200 Unreserved Fund Balance SPENDING (Construction Contract): Hotel Occupancy Tax Fund 1030-13606-734 520130 E15191-01-1030-EXP $786,210 Total $786,210 ❑ Certification Not Required Director of Financial Services Date: MAR 1 9 2018