HomeMy WebLinkAbout18089 ORD - 02/14/1984AN ORDINANCE
APPROPRIATING $67,190 OUT OF THE NO. 102 GENERAL FUND,
UNAPPROPRIATED FUND BALANCE, FOR ESTIMATED COSTS IN
CONNECTION WITH THE SALE OF $12,500,000 GENERAL IMPROVEMENT
BONDS ON MARCH 28, 1984; APPOINTING THE LAW FIRM OF McCALL,
PARKHURST AND HORTON AS BOND ATTORNEY AND M.E. ALLISON AND
COMPANY AS FINANCIAL ADVISOR; 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 out of the No. 102
General Fund, Unappropriated Fund Balance, for estimated costs in connection
with the sale of $12,500,000 General Improvement Bonds on March 28, 1984,
including bond attorney and financial advisory services, printing of bonds and
official statements, bond rating services fees, and related expenses with
reimbursement to be made to the 102 General Fund out of the proceeds of the
sale.
SECTION 2. That the law firm of McCall, Parkhurst and Horton is
hereby appointed as bond attorney, and that M.E. Allison and Company is hereby
appointed as financial advisor.
SECTION 3. That upon written request of the Mayor or five Council
members, copy attached, to find and declare an emergency in order to appropriate
funds for the efficient payment of costs of the above described bond sale, 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 shall take effect upon
first reading as an emergency measure this 15th day of February, 1984.
ATTEST:
Cit ecretary MAYOR
THE CIT 'OF CORPUS CHRISTI, TEXAS
APPROVED /51: DAY OF FEBRUARY, 1984
. BrUce Aycock City Attorney
SFD 2 Q mkt
MICROFILMED
150199
71.
CITY OF CORPUS CHRISTI, TENAS
CERTIFICATION OF FUNDS - _
(City Charter Article IV Section 21)
February 7, 1984
I certify to the City Council that $ 67,190 ' , the amount required for
q
the contract, agreement, obligation or expenditurecontemplated ontemplated in the above "
and'foregoing ordinance is in the Treasury of the City of Corpus Christi to the
credit of:
Fund N. and Name 102 General Fund
Account "
Pt04.464ftNo. • Unappropriated Fend Balance -
Purpose
..-
RwatAgrk Name FctimatM avpensPs to ba incurred in the salt
of $12,500,000 General' Improvement Bonds
frun which it is proposed to be drawn, and such money is rot appropriated for any
other purpose.
FIN 2-55
Revised 7/31/69
- CITY OF CORPUS CHRISTI, TEMPS
CERrIFICATICN OF FUNDS
(City Charter Article IV Section 21)
February 7, 1984
I certify to the City Council that $67,190 , 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:
Rand No. and Name 102 General Fund
Account
Projeat NO.
Purpose
> meot Name
IlnTnprnpriater{ Fi'nrl Ralanra
Fctirnatorl eYr,N's +o b^ incurrcin thc
of $12,500,000 General Improvement Bonds
from which it is pLupused to be drawn, and such money is not appropriated for any
other purpose.
February 7 , 1984
4'. ,V.�
— Difect»r of Finance
(/%r (Ohl/ /
FIN 2-55
Revised 7/31/69
Corpus Christi, Tejas
/ 4' day of
, 198/
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; I/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
MAYOR
THE C OF CORPUS CHRISTI, TEXAS
The above ordinance was passed 'y the following vote:
Luther Jones �,j
Betty N. Turner t
David Berlanga, Sr.
Welder Brown
Leo Guerrero l
Dr. Charles W. Kennedy 1.,
Joe McComb LJ
Frank Mendez 11,
Mary Pat Slavik /_,
1ot