HomeMy WebLinkAbout18607 ORD - 12/18/1984AN ORDINANCE
APPROPRIATING $73,000 OUT OF VARIOUS BONO FUNDS FOR EXPENSES
IN CONNECTION WITH THE SALE OF 813,330,000 GENERAL
IMPROVEMENT BONGS, ON FEBRUARY 19, 1985. 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 various bond
funds as hereinafter set forth for expenses in
connection with the sale of
$13,330,000 General Improvement Bonds, said sale to be conducted on February 19,
1985 including bond attorney and financial advisor services, printing of bonds,
and official statements, bond rating service fees andrelated expenses with
reimbursement to be made to the 102 General Fund out of the proceeds of the
sale, said expenses being apportioned as follows
Bond Fund Appropriation
Sanitary Sewers $ 10,950
Street 8,400
Ston, 1,650
City Hall 52,000
$ 75,000
SECTION 2. That upon written request of the Mayor or five Council
members, copy attached, to find and declare an emergency in order to appropriate
the funds as aforesaid due to the 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 a
resolutions at three regular meetings so that this ordinance is passed and shall
take effect upon first reading as an emergency measure this 18th day of
December, 1984.
ATTEST {(//
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APPROVED /%/G DAY OF DECEMBER, 1984.
d BRUCE AYCOCK, CITY ATTORNEY
By
NA
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THE CITY OF CORPUS CHRISTI, TEXAS
18607
CPM OF CORPUS CHRISTI, TEXTS
CCXPICi OF FUNDSFUNDS110000
(City Charter Article IV Section 21)
D“cniAve. 18,1
I certify to the City Council that $ 13,000.00 , the a=t 00gyooal for
the contract, agreetent, obligation or exl nditures 0000010900 In the et..
and foregoing ordinance is in the Treasury of the City of Carpo. Cirist0 to the
credit of
0010 Na. anF bare/ V0 0,1u'llS.�
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Project Nano -Bn0Jo TSST<AAft'.G E0PENS-E-
fran which it is proposed to Ire drawn, and such money is not appropriated for any
other =pose.
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18- S41
FIN 2-55
Revised 7/31/69
Corppdus Christi, Texas
�J day of_
TO THE IIEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasons set forth in the emergency clause of the foregoing ordinance
resolution, an emergency exists requiring suspension of the Charter rule
s toconsideration 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
IMYOR
THE C Y OF CORPUS CHRISTI, TEXAS
The above ordinance was passed by the following vote.
Luther Jones
Betty N. Turner
David Berlanga, Sr.
Welder Brown
Leo Guerrero
Dr Charles W. Kennedy
Joe McComb
Frank Mendez
Mary Pat Slavik
18607