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HomeMy WebLinkAbout024411 ORD - 03/27/2001ORDINANCE APPROPRIATING $30,800,000 FROM THE PROCEEDS OF THE SALE OF THE CORPUS CHRISTI GENERAL IMPROVEMENT AND REFUNDING BOND, SERIES 2001, IN THE FOLLOWING FUNDS AND AUTHORIZING ANY REBATE AND ARBITRAGE THAT MAY BE ACCRUED DURING THE TERM OF THE BOND ISSUE; AND DECLARING AN EMERGENCY: FUND 3358, "PUBLIC HEALTH AND SAFETY 2001 CIP FUND" IN THE AMOUNT OF $5,330,000 FOR THE PURPOSE OF PUBLIC HEALTH AND SAFETY IMPROVEMENTS INCLUDING ANIMAL AND VECTOR CONTROL FACILITY, FIRE/POLICE TRAINING FACILITY, IMPROVEMENTS TO THE FIRE STATIONS, CONSTRUCTION OF MUSTANG ISLAND FIRE SUB-STATION, AND HEALTH DEPARTMENT MAJOR ROOF REPAIRS; FUND 3288, "PARK AND RECREATION 2001 CIP FUND" IN THE AMOUNT OF $4,424,000 FOR THE PURPOSE OF IMPROVEMENTS TO PARK AND RECREATION FACILITIES INCLUDING RENOVATION TO FOUR SENIOR AND SlX RECREATION CENTERS, YOUTH OUTDOOR SPORTS FACILITIES, RENOVATION/DEVELOPMENT OF EXISTING PARKS, AND THE H.E.B. TENNIS CENTER PAVILION; FUND 3261, "MUSEUM 2001 CIP FUND" IN THE AMOUNT OF $270,000 FOR THE PURPOSE OF IMPROVEMENTS TO THE CORPUS CHRISTI SCIENCE AND HISTORY MUSEUM FIRE SUPPRESSION AND HEATING AND AIR CONDITION SYSTEMS; AND FUND 3540, "STREET 2001 CIP FUND" IN THE AMOUNT OF $20,776,000 FOR THE PURPOSE OF STREET IMPROVEMENTS, STREET RESUREACING AND RELATING IMPROVEMENTS FOR VARIOUS STREETS, NEIGHBORHOOD STREET RECONSTRUCTION, SIDEWALK ACCESSIBILITY IMPROVEMENTS FOR THE DISABLED, TRAFFIC SIGNAL IMPROVEMENTS AT CONGESTED INTERSECTIONS WITH HIGH ACCIDENT RATES, AND THE CITY'S SHARE OF COST PARTICIPATION IN STATE HIGHWAY DEPARTMENT PROJECTS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That $30,800,000 is hereby appropriated from the proceeds of the sale of the Corpus Christi General Improvement and Refunding Bond, Series 2001 in the following funds and authorizing any rebate and arbitrage that may be accrued during the term of the bond issue: Fund 3358, "Public Health and Safety 2001 CIP Fund" in the mount of $5,330,000 for the H:~,L EG-D [R~LI SA\L I S AiO RD3 OPal)3 368 purpose of public health and safety improvements including Animal and Vector Control Facility, Fire/Police Training Facility, improvements to the Fire Stations, construction of Mustang Island fire sub-station, and Health Department major roof repairs; Fund 3288, "Park and Recreation 2001 CIP Fund" in the amount of $4,424,000 for the purpose of improvements to Park and Recreation facilities including renovation to four senior and six recreation centers, youth outdoor sports facilities, renovation/development of existing parks, and the H.E.B. Tennis Center Pavilion; Fund 3261, "Museum 2001 CIP Fund" in the amount of $270,000 for the purpose of improvements to the Corpus Christi Science and History Museum fire suppression and heating and air condition systems; and Fund 3540, "Street 2001 CIP Fund" in the amount of $20,776,000 for the purpose of street improvements, street resurfacing and relating improvements for various streets, neighborhood street reconstruction, sidewalk accessibility improvements for the disabled, traffic signal improvements at congested intersections with high accident rates, and the City's share of cost participation in State Highway Department projects. 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~7 '~q~ day of '-~(X.).~C~ , 2001. ATTEST: Armando Chapa, City Secretary THE CITY OF CORPUS CHRISTI APPROVED ~-' James R. Bray, Jr. City Attorney 2001 By: Lisa Aguilar Assistant City Attorney H:\LEG-DIR\LISA~LISA\ORD3\ORD3 368 Corpus Christi, Texas f~ r]'~Day of ~/~ (~ , 20 ~C~ [ 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: l/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 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 H:\LEG-DIR\LISA/LISA\ORD3\ORD3.368 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: $30,800,000.00 Description of Contracts, Agreements, Obligations, or Expenditures: Appropriating $30,800,000 from the proceeds of the sale of the Corpus Christi General Improvements and Refunding Bond, Series 2001 in the following funds and authorizing any rebate and arbitrage that mag be accrued during the term of the bond issue: Fund from which Money is to be Drawn: 3358-Public Health & Safety 2001 CIP Fund 3288-Park and Recreation 2001 CIP Fund $ 5,330,000.00 $ 4,424,000.00 3261-Museum 2001CIP Fund $ 270,000.00 3540-Street 2001 CIP Fund $20,776,000.00 FOR OFFICE USE ONLY Fund No. and Name: Activity/Project No.: Activity/Project Name: Appropriation Ordinance: Ordinance/Motion No.: Council Meeting Dated: Notes/Descriptions: 3530 Pub Health & Safety, 3288 Park & Rec., 3261 Museum, and 3540 Streets. Various Various Yes _X No March 27, 2001