HomeMy WebLinkAbout19719 ORD - 04/13/1987AN ORDINANCE
APPROPRIATING $186,921.56 OUT OF VARIOUS FUNDS FOR EXPENSES
IN CONNECTION WITH THE SALE OF $13,064,000 GENERAL
IMPROVEMENT BONDS ON OCTOBER 17, 1985, AND THE SALE
OF $25,625,000 GENERAL IMPROVEMENTS BONDS ON NOVEMBER 18,
1986; AND DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. There is hereby appropriated out of various bond funds as
hereinafter set forth for expenses in connection with the sale of $13,064,000
General Improvement Bonds on October 17, 1985, including bond attorney and
financial advisor services, printing of bonds, official statements, bond rating
service fees and related expenses with reimbursement to be made to the 300 G. 0.
Interest and Redemption Fund out of the proceeds of the sale, said expenses
being apportioned as follows:
Bond Fund Appropriation
220 Street Bond Fund
245 Airport Bond Fund
247 Navy Airfield Hazard Elimination
250 Sanitary Sewer Bond Fund
295 Storm Sewer Bond Fund
$ 9,104.19
694.87
8,806.38
51,597.42
701.96
$70,904.82
SECTION 2. That there is hereby appropriated out of various bond
funds as hereinafter set forth for expenses in connection with the sale of
$25,625,000 General Improvement Bonds, said sale having been conducted on
November 18, 1986, including bond attorney and financial advisor services,
printing of bonds, official statements, bond rating service fees and related
expenses; with said expenses being apportioned as follows:
Bond Fund Appropriation
501 Sanitary Sewer Bond Fund - 1986
511 Storm Sewer Bond Fund - 1986
521 Aquarium Bond Fund - 1986
531 Public Health & Safety - 1986
541 Airport Bond Fund - 1986
551 Park Bond Fund - 1986
561 Street Bond Fund - 1986
04P.106.01
$ 47,891.72
10,429.88
5,882.05
3,619.73
4,118.61
13,666.75
30,408.00
$116.016.74
19719 MICROFILMED
SECTION 2. That upon written request of the Mayor or five Council
members, copy attached, to find and declare an emergency due to the need to
appropriate the abovementioned funds at the earliest practicable date, 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 passe4 and sha1TJ�tAake elf9ecct�upon
first reading as an emergency measure this the e2I. (�( ik.L
day of ., .
ATTEST:
City Secretary
APPROVED: 13 DAY OF /4py ( , 19 $7
HAL GEORGE, CITY ATTORNEY
By . A
As3i,4tant City Attor'ey
04P.106.01
MAYOR
THE CITY OF CORPUS CHRISTI, TEXAS
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS
(City Charter Article IV Section 21)
March 25, 1987
I certify to the City Council that $ 70,904.82 , the amount required for
1.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 NO. and Name Various
Project No. Various - See Below
Project Name Reimbursement to 300 0.0. Interest and
Redemption Fund for Bond Sale Expenses
Incurred in the Sale of $13.064.000
General Improvement Bonds on October 17, 1985
faun which it is proposed to be drawn, and such Honey is not appropriated for
other purpose.
Fund No. 220 9,104.19
245 694.87
247 , 8,806.38
250 51,597.42
295 701.96
70,904.82
FIN 2-55
Revised 7/31/69
Ai& 3/43'/8'
3/ul0
OIL
any
, 198,
CITY OF CORPUS CHRISTI, TEXAS
y'a'm ib LCATIQV OF FUNDS
(City Charter Article IV Section 21)
MARCH 24, 1987
I certify to the City Council that $ 116,016.74 ' , 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 No., and Nance Various
Project No. Various - See Below
Project Nene For Bond Sale Expenses Incurred in the
Sale of $25,625,000 General Improvement
Bonds on November 18, 1186
from which it is proposed to be drawn, and such money is not appropriated for any
other purpose.
Fund No. 501 47,891.72 o/-
511 10,429.88
521 5,882.05 ,...--
531
�531 3,619.73
541 4,118.61
551 13,666.75 r
561 30,408.00 "!
Total 116,016.74
FIN 2-55
• Revised 7/31/69 ,
dce 3/a�l�1
--k-5C , ley
Corpus Christi, Texas
e2(1.4— 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 u
THE CITY OF CORPUS CHRISTI, TEXAS
The above ordinance was passed by the following vote:
Luther Jones
Dr. Jack Best
David Berlanga, Sr.
Leo Guerrero
Joe McComb
Frank Mendez
Bill Pruet
Mary Pat Slavik
Linda Strong
J
99.045.01 - 19719