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HomeMy WebLinkAboutM2002-266 - 08/20/200235.e. MOTIONS - 8/20/02 Motion authorizing the City Manager or his designee to execute a Real Estate Sales Contract with Anita Carrol Frees-Foster, in the amount of $63,000, plus $1,500 in closing costs and an additional amount not to exceed $5,250 for relocation assistance of any existing tenants, including but not limited to rental assistance or down payment supplement for replacement housing and moving costs, for the purchase of fee simple property rights for Parcel 7, being all of Lot 7, Block 3, Mount Vernon Subdivision, with street address of 4901 Waltham Drive, necessary for the McArdle Road Street Improvement Project, Phase 3, Project No. 6146, and for other municipal purposes. (Bond Issue 2000) ATTEST: Arma~etary Samuel'-L. Neal, Jr., City of Corpus Christi M2002-266 CITY OF CORPUS CHRISTI CERTIHCATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Finance of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officer that the money required for 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. Amount Required: $ 69,750.00 Description of Contracts, Agreements, Obligations, or Expenditures: Motion authorizing the execution of a Real Estate Sales Contract with Anita Carrol Frees- Foster in the amount of $63,000.00, plus $1,500.00 in closing costas and an additional amount not to exceed $5,250.00 for relocation assistance; necessary for the McArdle Road Street Improvement Project, Phase 3, and other Municipal purposes. Source from which Funds are to be Drawn: 550701-3540-00000-200380 $ 38,362.50 550701-Stormwater-00000-200380 $ 10,462.50'** 550701-Wastewater-00000-200380 $ 3,487.50*** 550701-Water-00000-200380 $ 17,437.50***Contingent upon Council authorization for the Issuance and Sales of Texas Utilities System Revenue Refunding and Improvement Bonds, Series 2002 and Appropriation of Same. Directo/'/of Finance Date: I q .02- FOR OFFICE USE ONLY Fund No. and Name: Activity/Project No.: Activity/Project Name: Appropriation Ordinance: Ordinance/Motion No.: Council Meeting Dated: Notes/Descriptions: 3540 Streets 2001 CIP Fund (GO) and *** 200380 McArdle Road Street Improvements, Phase 3 Yes No X August 20, 2002 FY 2001-02 CIP Guide-Street Project #26