HomeMy WebLinkAbout023979 ORD - 03/21/2000AN ORDINANCE
APPROPRIATING $860,393 FROM THE UNRESERVED FUND BALANCE
IN THE COMBINED UTILITY SYSTEMS FUND; LOANING AND
APPROPRIATING IT IN THE NO. 3539 STREET CAPITAL
IMPROVEMENTS PROJECT 2000 (CO) BOND FUND FOR THE CITY'S
SHARE OF THE STATE'S LEOPARD STREET-RAND MORGAN ROAD TO
MCKINZIE ROAD, PHASE 3, IMPROVEMENTS PROJECT, TO BE
REIMBURSED TO THE COMBINED UTILITY SYSTEMS FUND AT 6.17%
INTEREST; AMENDING THE FY 99-00 BUDGET, ADOPTED BY
ORDINANCE NO. 023702, BY ADDING $860,393 TO THE COMBINED
UTILITY SYSTEMS FUND; AMENDING THE FY99-00 CAPITAL BUDGET,
ADOPTED BY ORDINANCE NO. 023703, BY ADDING $860,393 TO THE
STREET CIP FUND; AND DECLARING AN EMERGENCY.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI:
SECTION 1. That $860,393 is appropriated from the Unreserved Fund Balance in the
Combined Utility Systems Fund.
SECTION 2. That $860,393 is loaned to and appropriated in the No. 3539 Street Capital
Improvements Project 2000 (CO) Bond Fund for the City's share of the Texas Department of
Transportation's Leopard Street, Phase 3 Improvements Project, to be reimbursed to the Combined
Utility Systems Fund at 6.17% interest in 12 months.
SECTION 3. That Ordinance No. 023702, which adopted the FY99-00 Budget, is amended
by adding $860,393 to the Combined Utility Systems Fund.
SECTION 4. That Ordinance No. 023703, which adopted the FY 99-00 Capital Budget, is
amended by adding $860,393 to the Street CIP Fund.
SECTION 5. 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
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73379
ATTEST:
LEGAL FORM APPROV~D I 7/f~a/~
THE CITY OF CORPUS CHRISTI
Sa~'(el L. N2a~/r~.,~AYOR~
,2000; JAMES R. BRAY, JR., CITY ATTORNEY
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CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Finance of the City of Corpus Chi'isti, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officer that the money
required for the contract, agreement, obligation or expenditure described below is in the Treasury to
the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated
for any other purpose:
Amount Required: $ ~'~0.5 q3 o0__
Fund from which Money is to be Draw~:
~'s-oq to - ~'9~ - 00ooo.- ~0ol 5D
FOR OFFICE USE ONLY
Fund No. and Name
Activity/Project No.
Activity/Project Name
Appropriation Ordinance:
Ordinance/Motion No.:
Council Meeting Dated:
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, the Director of Finance of the City of Corpus Christi, Texas (or his/her duly authorized
representative), hereby certify to the City Council and other appropriate officer that the money
required for the contract, agreement, obligation or expenditure described below is in the Treasury to
the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated
for any other purpose:
Amount Required:
Fund from which Money is to be Drawn:
Direct~Fin/~cL '
FOR OFFICE USE ONLY
Fund No. and Name
Activity/Project No.
Activity/Project Name
Appropriation Ordinance:
Ordinance/Motion No.:
Council Meeting Dated:
Yes /
No