HomeMy WebLinkAboutM2002-268 - 08/20/200235.g.
MOTIONS - 8/20/02
Motion authorizing the City Manager or his designee to execute a Real Estate
Sales Contract with Richard T. Lopinto and wife Gwen F. Lopinto, in the amount
of $81,000, plus $1,500 in closing costs and an additional amount not to exceed
$22,500 for relocation assistance to cover moving costs, price differential
payments and incidental expenses for replacement housing, for the purchase of
fee simple property rights for Parcel 14, being all of Lot 1, Block 7, Mount Vernon
Unit 2, with street address of 4902 Wexford Drive, necessary for the McArdle
Road Street Improvement Project, Phase 3, Project No. 6146, and for other
municipal purposes. (Bond Issue 2000)
ATTEST:
Arman~ry
City of Corpus Christi
M2002-268
CITY OF CORPUS CHRISTI
CERTIFICATION 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:
$105,000.00
Description of Contracts, Agreements, Obligations, or Expenditures:
Motion authorizing the execution of a Real Estate Sales Contract with Richard T. Lopinto
and wife, Gwen F. Lopinto in the amount of $81,000.00, plus $1,500.00 in closing costa and
an additional amount not to exceed $22,500.00 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 $ 57,750.00
550701-Stormwater-00000-200380 $ 15,750.00'**
550701-Wastewater-00000-200380 $ 5.,250.00'**
550701-Water-00000-200380 $ 26,250.00***Contingent upon Council authorization for
the Issuance and Sales of Texas Utilities System Revenue Refunding and Improvement
Bonds, Series 2002 and Appropriation of Same.
Direct/o~ ~ f-'~n~nce
Date: ' Iq' 0'7
FOR OFFICE USE ONLY
Fund No. and Name:
Activity/Proj ect No.:
Activity/Proj ect 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 C1P Guide-Street Project #26