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HomeMy WebLinkAbout023781 ORD - 09/28/1999ORDINANCE AMENDING ORDINANCE NO. 023206, WHICH APPROPRIATED $50,000,000 FROM THE SALE OF COMMERCIAL PAPER, AND ORDINANCE NO. 023557, WHICH MODIFIED FUNDING ALLOCATIONS, TO RENEW APPROPRIATION OF $14,330,000, WHICH WAS RELEASED BY ISSUANCE OF LONG TERM BONDS, AND TO MODIFY FUNDING ALLOCATIONS TO INCREASE THE NO. 4525 COMMERCIAL PAPER -STORM WATER-CIP FUND BY $1,860,000 TO $4,660,000; TO INCREASE THE NO. 4475 COMMERCIAL PAPER-WATER-CIP FUND BY $1,345,000 TO $26,875,000; AND TO DECREASE THE NO. 4500 COMMERCIAL PAPER-WASTEWATER-CIP FUND BY $3,205,000 TO $18,465,000 TO FUND VARIOUS ELIGIBLE WATER, WASTEWATER, AND STORMWATER PROJECTS ON THE FY97- 98, FY98-99, AND FY99-00 CAPITAL IMPROVEMENTS PROJECT LISTS; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That Ordinance No. 023206, which appropriated $50,000,000 from the sale of Commercial Paper, and Ordinance No. 023557, which modified funding allocations, is amended to renew appropriation of $14,330,000. which was released by issuance of long term bonds. SECTION 2. That the No. 4525 Commercial Paper-Stormwater-CIP Fund appropriation from the sale of commercial paper is increased by $1,860,000 to $4,660,000 to fund various eligible stormwater projects on the FY97-98, FY98-99, and FY99-00 Capital Improvements Project Lists. SECTION 3. That the No. 4475 Commercial Paper-Water-CIP Fund appropriation from the sale of commercial paper is increased by $1,345,000 to $26,875,000 to fund various eligible water projects on the FY97-98, FY98-99, and FY 99-00 Capital Improvements Project Lists. SECTION 4. That the No. 4500 Commercial Paper-Wastewater-CIP Fund appropriation from the sale of commercial paper is decreased by $3,205,000 to $18,465,000 to fund various eligible wastewater projects on the FY97-98, FY98-99, and FY99-00 Capital Improvements Project Lists. SECTION 5. 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 t is %rdinance is passed and shall take effect upon first reading as an emergency measure this the61 day of ,c{'Y4-e--; 1999. I I:ALF,G-DI RVV FRONICAAALISONVORD99.700AGORD99 734 023781 ATTEST: 77/16-74-(4e/1 Armando Chapa, City Secretary Legal form approved Z4 2i By: THE CITY OF CORPUS CHRISTI Samuel L. Neal, r., Mayor , 1999; James R. Bray, Jr., City Attorney Alison Gallaway, Assistant City Attorney H^.LEG-DIR`.VERONICA '.ALISONORD99 700AAGORD99 714 2 J Corpus Christi, Texas n 18 t rday of � L kf I X , 1999. 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 The above ordinance was passed by the follow Samuel L. Neal, Jr. Javier D. Colmenero Melody Cooper Henry Garrett Dr. Arnold Gonzales Rex A. Kinnison Betty Jean Longoria John Longoria Mark Scott MAYOR THE CITY OF CORPUS RISTI ng vote: 023781 HALEG-DIR.VERONICAAALISONVORD99. 900`.AGORD99 734