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HomeMy WebLinkAbout031469 ORD - 06/26/2018 Ordinance appropriating into Street CIP Fund and changing the Capital Improvement Program Budget by $418,000 and authorization to execute an Advance Funding Agreement with the Texas Department of Transportation for the Region-wide Bike Boulevard Wayfinding Initiative with the City's contribution of $64,500 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. $418,000 of anticipated revenue from the Texas Department of Transportation is appropriated into Fund No. 3530 for the Region-Wide Bike Boulevard Wayfinding Initiative SECTION 2. The FY 2018 Capital Improvement Budget adopted by Ordinance No. 031249 is amended to add $418,000 of anticipated revenue from the Texas Department of Transportation to the Region-wide Bike Boulevard Wayfinding Initiative. (Street Bond 2014) SECTION 3. Revenues and expenditures in the amount of$418,000 are increased in the FY 2018 Capital Improvement Program Budget adopted by Ordinance No 031249. SECTION 4. The City Manager or designee is authorized to execute an Advanced Funding Agreement with the Texas Department of Transportation for the Region-Wide --------------- --Bike Boulevard Wayfinding Initiative with a payment of $64,500 for direct state cost reimbursement. 031469 INDEXED That the foregoing or i ce was read or the first time and passed to its second reading on this the 1 1lday of ,( 4-4 , 2018, by the following vote: Joe McComb at, Ben Molina I, ! Rudy Garza Everett Roy I , Paulette Guajardo I Lucy Rubio ---I 4-4 Michael Hunter l' Greg Smith ___Ii.sdIL ---"d -- Debbie Lindsey-Opel That th for oing ordinance was read for the second time and passed finally on this the -L X 'day of , 2018, by the following vote: Joe McCombc Ben Molina Rudy Garza akt, Everett Roy ____CLy- Paulette Guajardo a*,__ Lucy Rubio ___4__ Michael Hunter Greg Smith ____a(, Debbie Lindsey-Opel aiy.., j _ PASSED AND APPROVED on this the 1.—U day of 4--Q-- , 2018. ATTEST: Re.ecca Huerta Jo: N Comb City Secretary Ma QI 031469 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. Legistar Number: 18-0542 First Reading for the City Council Meeting of June 19, 2018 Second Reading for the City Council Meeting of June 26, 2018 Ordinance appropriating into Street CIP Fund and changing the Capital Improvement Program Budget by $418,000 and authorization to execute an Advance Funding Agreement with the Texas Department of Transportation for the Region-wide Bike Boulevard Wayfinding Initiative with the City's contribution of $64,500. Amount Required: $64,500 Fund Name Accounting Account Activity No. Amount Unit No. Street CIP Fund $418,000 $418,000 Certification of Funds Required • Director of Financial Services Date: JUN 1 9 2018 C.\Users\AlybAppDafa\Roaming\L51Temp\aSe2cf3c-27a2-400c-b02f-60e6c74f5eee tlocx 1 0-C. Z 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. Legistar Number: 18-0542 First Reading for the City Council Meeting of June 19, 2018 Second Reading for the City Council Meeting of June 26, 2018 Ordinance appropriating into Street CIP Fund and changing the Capital Improvement Program Budget by $418,000 and authorization to execute an Advance Funding Agreement with the Texas Department of Transportation for the Region-wide Bike Boulevard Wayfinding Initiative with the City's contribution of $64,500. Amount Required: $64,500 Fund Name Accounting Account Activity No. Amount Unit No. Bond 2014 GO 3551-051 550950 E17054-01-3551-EXP $64,500 Total $64,500 Certification of Funds Required Director of Financial Services Date: JUN 1 9 2018 02 0-i 2. C\Users\Alyb\AppData\Roaming\L5\Temp\a8e2cf3c-27a2-400c-b02f£60e6c74fSeee.docx