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HomeMy WebLinkAboutM2006-037 - 02/14/2006 MOTIONS - 02/14/06 13. Motion authorizing the City Manager to execute a Deferment Agreement with Value Place LLC, (Developer), in the amount of $135,941.70 for public improvements including water, wastewater, paving, and drainage improvements required to plat Value Place Subdivision, located north of SH 358 (South Padre Island Drive) and west of Friendship Drive at West Point Road, in accordance with the Platting Ordinance Section V-Required Improvements, Subsection A.3(b). ATTEST: ~ Armando Chapa, City Secretary M2006-037 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 City Council Action Date: ;' 2/14/06 Agenda Item: (Caption as it should appear on the agenda) A Motion authorizing the City manager to execute a Deferment Agreement with Value Place LLC, (Developer), in the amount of $135,941.70 for public improvements including water, wastewater, paving, and drainage improvements required to plat Value Place Subdivision, located north of SH 358 (South Padre Island Drive) and west of Friendship Drive at West point Road, in accordance with the Platting Ordinance section V-Required Improvements, Subsection A.3 (b) Amount Required: $135,941.70 , ,- Fund Name Fund No. Org. Account Project Amount No. No. No. , Value Place Subdivision 4730 00000 000000 000000 135,941.70 ! " r------....-------..-.- I [-:'-..=====-=---t .. !----------- , --+-- l Tota,:----==i====1 ,- 135,941.70 -- r.'" U Certification Not Required '- Ji:"' L.-,~ Q'~ Director of Fin ~I szices Date: '2 I 3 '#, ,