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HomeMy WebLinkAboutM2002-373 - 11/12/200214. MOTIONS - 11/12/02 Motion authorizing the City Manager or his designee to execute a Real Estate Sales Contract with Gus Montis, in the amount of $121,500 plus $1,500 in closing costs and an additional amount not to exceed $10,000 for relocation assistance to cover moving costs and incidental expenses in connection with a replacement business property, all for the purchase of fee simple property rights for Parcel 2, being all of Lot 12, Block 1, Mount Vernon Subdivision, with street address of 4902 Everhart Road, necessary for the McArdle Road Street Improvement Project, Phase 3. (BOND ISSUE 2000) ATTEST: Armando Chapa, City Secretary M2002-373 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: $133,000.00 Description of Contracts, Agreements, Obligations, or Expenditures: Motion authorizing the execution of a Real Estate Sales Contract with Gus Montis in the amount of $ 121,500.00, plus $ 1,500.00 in closing costs and an additional amount not to exceed $ 10,000.00 for relocation assistance; necessary for the McArdle Road Street Improvement Project, Phase 3, and other Municipal purposes. Source from which Funds areto be Drawn: 550701-3540-00000-200380 $ 73,150.00 550701-3487-00000-200380 $ 19,950.00 550701-4244-00000-200380 $ 6,650.00 550701-4084-00000-200380 $ 33,250.00 Diredfo/- of Finance Date: /! 'Il .0 'v 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 Street 2001 CIP Fund 3487 Stormwater 2002 CIP Fund 4244 Wastewater 2002 CIP Fund 4084 Water 2002 CIP Fund 200380 McArdle Road Street Improvements, Phase 3 Yes No. X November 12, 2002 FY 2001-02 CIP Guide-Street Project #26