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HomeMy WebLinkAboutM2006-140 - 05/09/2006 MOTIONS - 05/09/06 11. Motion authorizing the City Manager to execute a Deferment Agreement with Porto Villageo No.1, Ltd , a Texas Limited Partnership, (Developer), in the amount of $372,762.70 for the installation of street paving, curb, gutter and sidewalk public improvements to serve Porto Villageo Subdivision, located between State Highway 361 and the Gulf of Mexico and south of Mustang Island Estates Drive, in accordance with the Platting Ordinance Section V-Required Improvements, Subsection A 3(b). ATTEST: I. I /~..~ II rJ' ' . ..J. / / . /v~1V/.' .~ Armando Chapa, ~ecretary M2006-140 .,...,..- 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: 5/9/2006 Agenda Item: (Caption as it should appear on the agenda) A. Motion authorizing the City manager to execute a Deferment Agreement with Porto Villageo No.1, Ltd., a Texas Limited Partnership, (Developer), in the amount of $372,762.70 for the installation of curb, gutter, and sidewalks and paving public improvements to serve Porto Vil/ageo Subdivision, located between State Highway 361 and the Gulf of Mexico and south of Mustang Island Estates Drive, in accordance with the Platting Ordinance Section V-Required Improvements Subsection A 3(b). Amount Required: $372,762.70 I Fund Name r i Infrastructure Fund- ... i i Porto Villageo Subdivision -+ ~-----_.--- i f-..-- ..---------+ ~.--------- I I Total---- ---.- -- --j __ .._.__._ .._. .__....--1 Fund No. Org. I Account Project Amount No. i No. No. 4730 21325 I 330217 000000 372,762.70 ---.-.", I -_.__._---- ... .-.- - -+--- _.n _+ _u=t==+__ 372,762.70 --. .. _ .--L-._ o Certification Not Required ('~-~... ,S'/tp/00 7,kJ I / c/~- c4 0 #,'-'2--1: Director of Finarrci<:11 Se~c~s Date: ',:> / \ / IJ~