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HomeMy WebLinkAbout021487 RES - 09/22/1992A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH THE PORT OF CORPUS CHRISTI AUTHORITY AND THE CORPUS CHRISTI BOARD OF TRADE WHEREBY THEY REIMBURSE CITY FOR PART OF EXPENSES FROM THE REGIONAL STUDY JOINTLY UNDERTAKEN BY THE CITY AND THE LAVACA- NAVIDAD RIVER AUTHORITY TO DETERMINE ALTERNATIVES FOR TRANSPORTING WATER TO CORPUS CHRISTI. WHEREAS, present water supplies are insufficient to meet the future needs of Corpus Christi and surrounding communities; and WHEREAS, the health, welfare, and economic prosperity of our citizens depends upon acquiring adequate water supplies; and WHEREAS, acquisition of long-term water supplies is a lengthy process requiring responsible and prudent planning and action by our citizens and elected officials; and WHEREAS, the City of Corpus Christi has the opportunity to secure options on substantial additional water supplies and to participate in studies providing a sound basis for future decisions. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: The City Manager is hereby authorized to execute an agreement with the Port of Corpus Christi Authority and the Corpus Christi Board of Trade whereby they reimburse City for part of expenses from the regional study jointly undertaken by the City and the Lavaca-Navidad River Authority to determine alternatives for transporting water to Corpus Christi, as set forth in the attached exhibit A, incorporated herein. City Secretary \k\ MAYO THE CITY OF CORPUS CHRISTI APPROVED: I_ DAY OF serf— , 19 12.— James ZJames R. Bray, Jr., City Attorney By ORDS: 91184 T 021487 MICROFJLMED 1 066 Corpus Christi, Texas ZZ day of Selo /y ptoLA , 19 �I The above resolution was passed by the following vote: Cezar Galindo � �, ft} Mary Rhodes Leo Guerrero Betty Jean Longoria 61,1,/ Edward A. Martin (i ('1 e_, Joe McComb ai/dG, Dr. David McNichols (C. (dl e Clif Moss (.1(4 Mary Pat Slavik (1 021487 AGREEMENT TO CONTRIBUTE TO STUDY WHEREAS, the City of Corpus Christi, Texas ("City"), is proposing to enter into an agreement with the Lavaca-Navidad River Authority ("LNRA") entitled an "Agreement For Joint Sponsorship Of A Regional Study to Evaluate Alternatives for Transporting Water To Corpus Christi" (the "Study Agreement"), a substantial copy of which is attached as Exhibit A; and WHEREAS, the study authorized by the Study Agreement is necessary to provide information necessary to assure adequate long-time water supplies for the Corpus Christi area; and WHEREAS, adequate long-term water supplies are essential to the purposes of The Port of Corpus Christi ("Port") and the Corpus Christi Board of Trade "("BOT"). NOW, THEREFORE, CITY, PORT, AND BOT AGREE AS FOLLOWS: 1. In consideration of City entering into the Study Agreement, Port shall pay City $50,000 and BOT shall pay City $25,000, upon execution of this Agreement, to be used by City to pay part of the consideration committed to by City in the Study Agreement. 2. This Agreement shall be effective upon signing. ATTEST: CITY OF CORPUS CHRISTI City Secretary Juan Garza, City Manager Date APPROVED AS TO LEGAL FORM: THIS a% DAY OF Sot , 1992. JAMES R. BRAY, JR., CITY ATTORNEY By: IZ. �31-way ATTEST: Name U Administrative Assistant PORT OF CORPUS CHRISTI AUTHORITY Theme 1. -1 - Executive Director Title Title ATTEST: Date CORPUS CHRISTI BOARD OF TRADE Name Name Title Title Date