HomeMy WebLinkAbout024153 ORD - 08/22/2000ORDINANCE
APPROVING $53,115.11 (FROM KING'S CROSSING REALTY, LTD.) AS
DEVELOPER'S CONTRIBUTION FOR IN LIEU OF HALF STREET
CONSTRUCTION (WITH SUPPORTING PUBLIC UTILITY
INFRASTRUCTURE) OF STRASBOURG DRIVE, AS REQUIRED BY THE
DEVELOPMENT OF KING'S CROSSING UNIT 13; AND ESTABLISHING
A CITY INTEREST-BEARING ACCOUNT IN THE INFRASTRUCTURE
TRUST FUND FOR DEPOSIT OF DEVELOPER'S CONTRIBUTION; AND
RESTRICTING SAID MONIES FOR COMPLETION OF "IMPROVEMENTS"
AT TIME OF PLATTING AND DEVELOPMENT OF PROPERTIES
DIRECTLY ADJACENT TO AND ABUTTING THE SECURED
"IMPROVEMENT" OPPOSITE KING'S CROSSING UNIT 13; AND
DECLARING AN EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. That $53,115.11 (from King's Crossing Realty, Ltd .) is approved as the
developer's contribution for the lieu of half street construction of Strasbourg Drive with
supporting public utility infrastructure as required by the development of King's Crossing
Unit 13.
SECTION 2. That the City shall establish an interest-bearing account in the Infrastructure
Trust Fund for deposit of developer's contribution; and City shall restrict said monies for
the completion of "improvements" at the time of platting and development of the properties
directly adjacent to and abutting the secured "Improvement" opposite King's Crossing Unit
13.
SECTION 3. 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 consider~ation of and voting upon ordinances
ATTEST: THE CITY OF CORPUS CHRISTI
Arm~y Secretary
Samuel L. Neal, Jr.,Mayor~~
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LEGAL FORM APPROVED August 17, 2000; JAMES R. BRAY, JR., CITY ATTORNEY
By:
Doyle , ~ior Assistant City Attorney
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Corpus Ch~'l'exas
Day of ,(TLC[ Lo , 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 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,
SamL Ne_~
City of Corpus Christi
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
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