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HomeMy WebLinkAbout023970 ORD - 03/07/2000AN ORDINANCE AMENDING ORDINANCE NO. 023879, ADOPTED ON DECEMBER 21, 1999, WHICH APPROPRIATED $728,834 FROM THE UNRESERVED FUND BALANCE IN THE COMBINED UTILITY SYSTEMS FUND, FOR THE PURPOSE OF CLARIFICATION ONLY, BY SUBSTITUTING SECTION 2, DELETING THE WORD TRANSFERRING AND REPLACING IT WITH THE WORD "LOANING"; AND DECLARING AN EMERGENCY. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI: SECTION 1. That Ordinance No. 023879, adopted on December 21, 1999, is amended by substituting a new section 2, which reads as follows: SECTION 2. That $728,834 is loaned to and appropriated in the No. 3539 Street CIP 2000 (CO) Bond Fund to complete the Leopard Street Phase I & 2 - McKenzie to Rehfeld Road Project portion of the 1986 Bond Election street projects, with the funds actually borrowed from the Combined Utility Systems Fund to be reimbursed to the Combined Utility Systems Fund at 5.6% interest within 12 months. This amendment is for the sole purpose of clarification, and in no way changes the substance of effect of Ordinance No. 023879. SECTION 2. That upon written request of the Mayor or five Council members, copy attached, the City Council (1) finds and declares an emergency due to the need for immediate action necessary for the efficient and effective administration of City affairs and (2) suspends the Charter rule that requires consideration of and voting upon ordinances at two regular meetings so that this ordinance is passed and takes effect upon first reading as an emergency measure this the H~TFxday of ~Y~ C[~(~. ,2000. ATTEST: AHYla~ary Legal form approved By: THE CITY OF CORPUS CHRISTI amue . ~a, re, ~ ,2000 James R. Bray, Jr., City Attorney. Alison GallawaY, Assistant City Attorney 2 Corpus Christi, Texas ,2000. 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 role 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, THE CITY OF C~ Council Members The above ordinance was passed by the following vote: Samuel L. Neal, Jr. Javier D. Colmenero Melody Cooper Henry Garrett Dr. Arnold Gonzales Rex A. Kinnison Betty Jean Longoria John Longoria Mark Scott .:\LE -D,R\VERON.CA ,L,SON\O 00.800 , O 99.8 0 2 3 9 7 0