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HomeMy WebLinkAboutM2016-023 - 02/23/2016 File Number: 16-0155 Enactment Number: M2016-023 /4-14N, Corpus Christi 1201 Leopard Street Corpus Christi,TX 78401 C \ cctexas.corn �-- ' , ` D February 23, 2016 t I, ----p M f Motion: M2016-023 File Number: 16-0155 Enactment Number: M2016-023 Motion authorizing the City Manager or designee to execute Real Estate Sales Contracts with Nueces Electric Cooperative, Inc. (NEC) in the amount of $715,980 plus $6,000 in estimated closing costs for acquisition of Parcel 1 and with Solomon Abdo and A.L. Hernden in the amount of $128,350 plus $2,300 in estimated closing costs for acquisition of Parcel 2, for a total expenditure of $852,630 for both parcels, for the purpose of acquiring fee simple surface rights to two tracts of land containing a total of 11.57 acres including 2,400 linear feet of existing paved road improvements across the NEC property, both located 0.6 miles south of Northwest Boulevard (FM624) and west of FM 1889, required for the construction of the County Road 52 Extension Project - CR69 to FM 1889. (Bond 2012) At a meeting of the City Council on 2/23/2016, this Motion was passed. Aye: 8 Mayor Martinez, Council Member Garza, Council Member Magill, Council Member Riojas, Council Member Rubio, Council Member Rosas, Council Member Scott, and Council Member Vaughn Absent: 1 Council Member McIntyre Abstained: 0 Nelda Martine yor Attest: 12t:_Lc.cco., -/---,1-ukt,vt-z, Rebecca Huerta, City Secretary Corpus Christi Printed on 2/24/16 INDEXED CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7&8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of 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. Future payments are subject to annual appropriation by the City Council. City Council Action Date: February 23, 2016, Agenda Item: Motion authorizing the City Manager or designee to execute Real Estate Sales Contracts with Nueces Electric Cooperative, Inc. (NEC) in the amount of$715,980 plus $6,000 in estimated closing costs for acquisition of Parcel 1 and with Solomon Abdo and A.L. Hernden in the amount of $128,350 plus $2,300 in estimated closing costs for acquisition of Parcel 2, for a total expenditure of $852,630 for both parcels, for the purpose of acquiring fee simple surface rights to two tracts of land containing a total of 11.57 acres including 2,400 linear feet of existing paved road improvements across the NEC property, both located 0.6 miles south of Northwest Boulevard (FM624) and west of FM 1889, required for the construction of the County Road 52 Extension Project—CR69 to FM 1889, Bond 2012. Amount Required: $852,600.00 Fund Name Accounting Unit Account Activity No. Amount No. Streets, Bond 2012 3549-051 550701 El2136013549EXP $852,630.00 Total $852,630.00 ❑ Certification Not Required Director of Financial Services Date: FEB 2 3 91116 i -0) Ss-