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HomeMy WebLinkAboutM2024-063 - 05/14/2024City of Corpus Christi May 14, 2024 Motion: M2024-063 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com File Number: 24-0501 Enactment Number: M2024-063 Motion authorizing execution of a three-year service agreement, with two one-year options, with Faraday Electric Motors, LLC, of Corpus Christi, in an amount not to exceed $1,191,995.00 and a potential amount up to $1,986,658.33 if options are exercised, for pump motor and clutch repairs/replacement needed at various locations for Corpus Christi Water, with FY 2024 funding of $165,554.86 from the Water Fund. At a meeting of the City Council on 5/14/2024, this Motion was passed. Aye: 9 Mayor Guajardo, Council Member Barrera, Council Member Hernandez, Council Member Hunter, Council Member Pusley, Council Member Suckley, Council Member Roy, Council Member Klein, and Council Member Campos Abstained: or Attest: aulette Guajardo, Ma Rebecca Huerta, City S4cretary City of Corpus Christi Page 1 Printed on 5/15/24 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), herebycertify 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: May 14, 2024 Legistar Number: 24-0501 Agenda Item. Motion authorizing execution of a three-year service agreement, with two one-year options with Faraday Electric Motors, LLC, of Corpus Christi, in an amount not to exceed $1 191 995 00 and a potential amount up to $1,986,658.33 if options are exercised for pump motor and clutch repairs/replacement needed at various locations for Corpus Christi Water, with FY 2024 funding of $165,554.86 from the Water Fund. Amount Required: $ 165,554.86 Name Accounting Unit Account No. Activity No. Amount Fund Water 4010-45-31010 530215 $ 165,554.86 $ 165,554.86 Total o Certification Not Required JAl ' 0,1 Direc . r off ma ff.I Services Date: Off' Er( aea' (' 11