HomeMy WebLinkAbout17087 ORD - 06/23/1982AN ORDINANCE
APPROPRIATING $685,000.00 OUT OF THE WATER BOND
CONSTRUCTION FUND NO. 205, PROJECT 205-81-1, 0.N. STEVENS
FILTERATION PLANT EXPANSION, FOR REIMBURSEMffNT TO THE
WATER REVENUE FUND FOR ENGINEERING COSTS PREVIOUSLY PAID
OUT OF THE WATER REVENUE FUND; INCREASING THE ESTIMATED
REVENUES OF THE WATER REVENUE FUND 1981-82 BUDGET IN THE
TOTAL AMOUNT OF $419,886.56 FOR REIMBURSEMENT OF
PREVIOUSLY PAID ENGINEERING COSTS, TO WIT: $234,750.00
PAID IN 1979-80 AND $185,136.56 PAID IN 1980-81;
INCREASING THE WATER REVENUE FUND RESERVE APPROPRIATION
ACCOUNT BY $265,113.44 FOR REIMBURSEMENT OF ENGINEERING
COSTS PAID IN 1981-82; APPROPRIATING AND RE -APPROPRIATING
$750,663.00 FROM THE WATER REVENUE FUND RESERVE
APPROPRIATION ACCOUNT FOR TRANSFER OF $551,605.00 TO THE
FIRST LIEN WATERWORKS SYSTEM REVENUE BONDS INTEREST AND
SINKING FUND AND $199,058.00 TO THE FIRST LIEN WATERWORKS
SYSTEM REVENUE BONDS RESERVE FUND, INCREASING THE
INTEREST AND SINKING FUND 1981-82 APPROPRIATION FOR
PRINCIPAL, INTEREST AND PAYING AGENT FEES FROM
$2,575,000.00 TO $3,050,830.00 AND INCREASING THE RESERVE
FUND 1981-82 APPROPRIATION FOR DEBT SERVICE RESERVE FROM
$176,029.00 TO $474,652.00 AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. That there is hereby appropriated $685,000 out of the
Water Bond Construction Fund No. 205, Project 205-81-1, 0.N. Stevens
Filtration Plant Expansion, for reimbursement to the Water Revenue Fund for
engineering costs previously paid out of the Water Revenue Fund.
SECTION 2. That the estimated revenues of the Water Revenue Fund
1981-82 Budget are hereby increased in the amount of $419,886.56 for
reimbursement of previously paid engineering costs to wit: $234,750.00 paid
in 1979-80 and $185,136.56 paid in 1980-81.
SECTION 3. That the Water Revenue Fund Reserve Appropriation
account is hereby increased by $265,113.44 for reimbursement of engineering
costs paid in 1981-82.
SECTION 4. That there is hereby appropriated and re -appropriated
$750,663.00 from the Water Revenue Fund Reserve appropriation account for
transfer of $551,605.00 to the First Lien Waterworks System Revenue Bonds
Interest and Sinking Fund and $199,058.00 to the First Lien Waterworks System
Revenue Bonds Reserve Fund, increasing the Interest and Sinking Fund 1981-82
appropriation for principal, interest and paying agent fees from
$2,575,000.00 to $3,050,830.00 and increasing the Reserve Fund 1981-82
appropriation for debt service reserve from $176,029.00 to $474,652.00.
MICROFILMED SEP 2 1984
17087
SECTION 5. That upon written request of the Mayor or five Council
members, copy attached, to find and declare an emergency due to the immediate
need for efficient administration of City affairs, such finding of an
emergency is made and declared requiring suspension of the Charter rule as to
consideration and voting upon ordinances or resolutions at three regular
meetings so that this ordinance is passed and sha take effect upon first
reading as an emergency this the :23 day of
ATTEST:
APPROVED:
i?2,31114.-ck
. Bruce Aycock, ty Attorney
, 1982.
Y RPm-TeTHE dTY OF CORPUS CHRISTI, TEXAS
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
June 23, 1982
I certify to the City council that $ 685,000.00 , the amount required for
the contract, agreement, obligation or expenditures conbanplated in the above
and foregoing ordinance is in the Treasury of the City of Corpus Christi to the
credit of:
Fund NO. and Name 205 Water Bond Construction Fund
Project No. 205-81-1
Project Name O. N. Stevens Filtration Plant Expansion - Enginppring
from which it is proposed to be drawn, and such rroney is not appropriated for any
other purpose.
FIN 2-55
Revised 7/31/69
311ne 93
, 19 R,
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article TV Section 21)
June 23, 1982
I certify tO the City Council that $750,663.00* , the amount required for
the contract, agreement, obligation or expenditures contemplated in the above
and foregoing ordinance is in the Treasury of the City of Corpus Christi to the
credit of:
Fund Nb. and Name 104 Water Revenue Fund
Account
giCccxieobnlicg Reserve Appropriation
Purpose
kgaillOildtiMi Increase First Lien Waterworks System Revenue Bonds
Interest & Sinking Fund by $551,605.00 and increase
related Reserve Fund by $199,058.00
fnanwhich it is proposed to be drawn, and such money is not appropriated for any
other purpose.
* This Certification is subject to
reiribursement of Water Revenue Fund for
$685,000 out of 205 Water Bond
Construction Fund.
FIN 2-55
Revised 7/31/69
June 23 , 19 82
Corpus Christi, Teas
day of
, 1982
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasons set forth in the emergency clause of the foregoing ordinance or resolution,
an emergency exists requiring suspension of the Charter rule as to consideration and voting
upon ordinances or resolutions at three regular meetings; 1/we, therefore, request that you
suspend said Charter rule and pass this ordinance or resolution finally on the date it is
introduced, or at the present meeting of the City Council.
Respectfully, Respectfully,
Council Members
MAY R Do! ei
THE CI4 OF CORPUS CHRISTI, TEXAS
The above ordinance was passed by the following vote:
Luther Jones
Betty N. Turner
Jack K. Dumphy
Bob Gulley
Herbert L. Hawkins, Jr.
Dr. Charles W. Kennedy
Cliff Zarsky
17687