HomeMy WebLinkAbout025150 ORD - 12/17/2002ORDINANCE
APPROPRIATING $49,575,939 IN THE NO. 3275 ARENA 2002 CIP FUND
FROM THE PROCEEDS OF THE SALES TAX REVENUE BONDS, SERIES
2002, TO FUND THE CONSTRUCTION OF THE AREA; AND DECLARING AN
EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION 1. That $49,575,939 is appropriated in the No. 3275 Arena 2002 CIP
Fund from the proceeds of the Sales Tax Revenue Bonds, Series, 2002, to fund the
construction of the Arena.
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 1'~ [~day of ~(~{~,~w?r2~02.
ATTEST:
THE CITY OF CORPUS CHRISTI
City Secretary
~amuel L.'I~eal, Jr.
Mayor
Legal form approved
James R. Bray, Jr.
City Attorney
,2002
Lisa Aguilar ~
Assistant City Attorney
Corpus Christi, Texas
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. /'~/~,
Brent Chesney ~
Javier D. Colmenero
Henry Garrett
Bill Kel,y ~/~
Rex A. Kinnison
John Longoria
Jesse Noyola
Mark Scott
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: $ 49,575,939.00 t//
Description of Contracts, Agreements, Obligations, or Expenditures:
Ordinance Appropriatin~ $ 49,575,939.00 in the No. 3275 Arena 2001 CIP Fund from the
Proceeds of the Sales Tax Revenue Bonds. Series 2002, to fund the Construction of the
Arena.
Source from which Funds are to be Drawn:
540500-3275-00000 $ 49,575,939.00 (Contingent upon the Sale of the Sales Tax
Revenue Bonds, Series, 2002)
Director of Finance
Date: /~ 'J& ' ~ ~-~
FOR OFFICE USE ONLY
Fund No. and Name:
Activity/Project No.:
Activity/Project Name:
Appropriation Ordinance:
Ordinance/Motion No.:
Council Meeting Dated:
Notes/Descriptions:
3275 Arena 2001 CIP Fund
Yes X No
December 17, 2002
FY 01-02 CIP Guide-Public Facilities Project # 01