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HomeMy WebLinkAbout031854 RES - 08/27/2019 RESOLUTION AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO EXECUTE AN ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION (TXDOT) WITH THE CITY'S LOCAL PARTICIPATION IN THE AMOUNT OF $48,700.80 FOR WATER VALVE ADJUSTMENTS ASSOCIATED WITH THE SH 358 NUECES RAMP REVERSAL PH II-A WITH FUNDS AVAILABLE FROM THE WATER CAPITAL IMPROVEMENT PROGRAM. (DISTRICT 3) NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Manager or designee is authorized to execute an Advance Funding Agreement (AFA) for water valve adjustments associated with the SH 358 Nueces Ramp Reversal PH II-A with the Texas Department of Transportation (TXDOT) with the City's required payment to TXDOT in the amount of $48,700.80 for reimbursement of direct state costs. SECTION 2. The City Manager or designee is authorized to execute all related documents necessary to administer said Advance Funding Agreement, including minor amendments thereto. PASSED AND APPROVED on the day of a , 2019: Joe McComb LA.ti Roland Barrera l Rudy Garza () — Paulette M. Guajardo at Gil Hernandez C Michael Hunter � Ben Molina C�w� Everett Roy �Z— Greg Smith ATTEST: CITY OF CORPUS CHRISTI C r / 'eb-cca Huerta .- McComb City Secretary - or Corpus Christi, Texas A�-- a day of A-,J�- , 2019 031854 SCANNED 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: August 27, 2019 Legistar Number: 19-1052 Agenda Item: Resolution authorizing the City Manager, or designee, to execute an Advance Funding Agreement with the Texas Department of Transportation (TXDOT) with the City's local participation in the amount of $48,700.80 for water valve adjustments associated with the SH 358 Nueces Ramp Reversal PH II-A with funds available from the Water Capital Improvement Program. (District 3) Amount Required: $48,700.80 Fund Name Accounting Account Activity Amount Unit Water 2013 Rv Bd 4093-041 550910 T19068-01-4093-EXP 48,700.80 Total 48,700.80 ❑ Certification Not Required 94_ 4, Director of Financial Services Date: i4 .wtt� '� , 2019