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HomeMy WebLinkAbout024799 ORD - 03/19/2002Page 1 of 3 ORDINANCE APPROVING $79,424.55 FROM B. R. SCOGIN AS DEVELOPER'S CASH CONTRIBUTION FOR IN LIEU OF STREET CONSTRUCTION OF 450- FOOT SEGMENT OF ENHANCED COUNTY ROAD 52 (WITH SUPPORTING PUBLIC UTILITY INFRASTRUCTURE),AS REQUIRED BY DEVELOPMENT OF LOT 1, SCOGIN TRACT; PROVIDING ADJUSTMENT FOR FEE SIMPLE DEDICATION OF RIGHT-OF-WAY REQUIRED BY THE CITY FOR FUTURE ARTERIAL "THROUGH" STREET AND MAJOR UTILITY CORRIDOR; AND ESTABLISHING A SEPARATE SUBACCOUNT FOR SAID STREET IN THE CITY INTEREST-BEARING ACCOUNT IN THE INFRASTRUCTURE TRUST FUND FOR DEPOSIT OF DEVELOPER'S CONTRIBUTION; AND RESTRICTING SAID MONIES FOR COMPLETION OF "IMPROVEMENTS" WHEN THE ARTERIAL IS READY FOR CONSTRUCTION AS AN OBLIGATION OF PLATTING AND DEVELOPMENT OF PROPERTIES EAST OF LOT 1, SCOGIN TRACT, OR AS AN OBLIGATION OF A CITY CAPITAL IMPROVEMENT PROJECT; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That $79,424.55 from B. R. Scogin is approved as the developer's contribution for the in lieu of street construction of the 450-foot segment of enhanced County Road 52(with supporting public utility infrastructure),as required by the development of LOT 1, SCOGIN TRACT. The $79,424.55 is computed by deducting from the $96,080.54 initial required contribution a credit of $16,655.99 for developer's fee simple dedication to the City of an additional 0.604 acres for additional street right-of-way and utility corridor required by the City to provide for future construction of County Road 52 as an arterial "through" street and major utility corridor SECTION 2. That the City shall establish a separate subacccount in the 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"when the arterial is ready for construction as an obligation of platting and development of properties east of Lot 1, $cogin Tract, or as an obligation of a city capital improvement project, whichever is deemed best in the sole discretion of the City. H:\LEG~D~R\D~y~eD~urtis~v1YDO~S~2~2\P&Z~RD~2\P~atting~rd\D~y~e~\~rdinanc~es\BRSc~gin~R52~ash~InLieuSt.~rd.wpd Page 2 of 3 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 as to consideration and voting upon ordinances at two regular meetings so that this ordinance is passed and shall take effect upon first reading as an emergency measure this the 19th day of March, 2002. ATTEST: THE CITY OF CORPUS CHRISTI Armando Chapa, City Secretary LEGAL FORM APPROVED 12 March 2002 James R. Bray, Jr. City Attorney Doyle D ~Lr~; u rtis Senior Assistant City Attorney H:\L E G- D IR\Doyle D C u rt i s~Vl Y DO C S~2002\P&ZO R D02\Plattin g, o rd\Doyle C \O rd in a n c.e s\B R S co gin. C R52. C a s h. in Lie u S t.O rd.w p d Page 3 of 3 Corp.u,s~C_h risti, Texas ,2002. 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 following vote: Samuel L. Neal, Jr., Mayor Rex A. Kinnison Brent Chesney Javier D. Colmenero Henry Garrett Bill Kelly John Longoria Jesse Noyola Mark Scott H:\LEG-DIR\DoyleDC u rtis~vlYDOCS~002\P&ZORD02\Platting.ord\DoyleC\Ordin anc.es\BRScogin. C R52.Cas h.ln L ieuSt. O rd,wpd