HomeMy WebLinkAbout022637 ORD - 07/23/1996AN ORDINANCE
APPROPRIATING $1,807,982.89 IN INTEREST EARNINGS FROM THE
UNRESERVED FUND BALANCE OF THE SANITARY SEWER CAPITAL
PROJECTS FUND AND TRANSFERRING IT TO THE NO. 300 G.O. DEBT
SERVICE FUND; AND DECLARING AN EMERGENCY.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That $1,807,982.89 is hereby appropriated in interest earnings from the
Unreserved Fund Balance of the Sanitary Sewer Capital Projects Fund and transferred to the No. 300
G.O. Debt Service Fund.
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 for immediate action necessary for the
efficient and effective 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 at
two regular meetings so that this ordinance is assed d shall take effect upon first reading as an
emergency measure this the r9b day of , 1996.
ATTEST:
City Secretary
,1
THE CITY OF CORPUS CHRISTI
MAYOR
The City o Corpus Christi
APPROVED THIS THE /6/ DAY OF (--)4-A)-_-?)
Ap� 1P.
By: ;Urn( ( )()_4A/l rl��
Alison Galla y
Assistant City Attorney
96AAG5000.952
022637 ILM��
2
Coip,Is Christi, T
/ Day of
G
TO THE MEMBERS OF THE CITY COUNCIL
Corpus Christi, Texas
For the reasons set forth in the emergency clause of the foregoing ordinance an emergency exists
requiring suspension of the Charter rule as to consideration and voting upon ordinances at two
regular meetings: I/we, therefore, request that you suspend said Charter rule and pass this ordinance
finally on the date it is introduced, or at the present meeting of the City Council.
Respectfully, Respectfully,
Council Members
MAYOR
THE CITY OF CORPUS CHRISTI
The above ordinance was passed by the following vote:
gttd
Mary Rhodes
Dr. Jack Best
Betty Black
Melody Cooper
Tony Heldenfels
Betty Jean Longoria
John Longoria
Edward A. Martin
Dr. David A. McNichols
96\AG5000.952
(64
022637
CITY OF CORPUS CHRISTI, TEXAS
CERTIFICATION OF FUNDS '1
(City Charter Article IV Section 2f)
July 23, 1996
I certify to the City Council that $ 1,807,982.89 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
250 Sanitary Sewer Capital Improvement Fund
credit of: 503 Sanitary Sewer 1989 Bond Fund
504 Sanitary Sewer 1990 Bond Fund
Fund No. and Name
$1,223,810.05 250-000-2(4.17-000 Interest Reserved for Debt Svc
Project No. 37.782.50 S03 -000-75L 17-000 intereat ussary a For Debt Svc
546,390.34 504-000-254.17-000 Interest Reserved for Debt Svc
Project Name
from which it is proposed to be drawn, and such money is not appropriated for any
other purpose.
(16 ii/t%fq
6i)
Balance o1 Interest Peser..esa@'In:
Fd so3
*r Cd 504
4 3'7, 78a. so
4 5a9, 878. 06
Fd ago 4 7,3810,976,64
White car < ' 507,i9-7.413>
t,2.34, lit 16
c2a-1. 19 %[i
Director of Finance
As por borai-hea. , CLnnuai interest' Leal be. *54, 700; pos,eJ to date, *+8, i e6
110,542 total an -14 needtd 4o reach 41 S4le? 90 do Can Cern
FIN 2-55
Revised 7/31/69
idu*ea.7 max 1 M L ital. 13, I "lb