Loading...
HomeMy WebLinkAbout025290 ORD - 05/13/2003ORDINANCE APPROPRIATING $37,807 FROM THE INTEREST EARNINGS IN THE UNRESERVED FUND BALANCE OF FUND NO. 3170, COMPUTER SYSTEM FUND, TO PAY THE ARBITRAGE REBATE TO THE INTERNAL REVENUE SERVICE; AMENDING FY 2002-2003 CAPITAL BUDGET ADOPTED BY ORDINANCE 025144 TO ADD $37,807 TO FUND NO. 3170 COMPUTER SYSTEM FUND; AND DECLARING AN EMERGENCY BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That $37,807 is appropriated from the interest earnings in the Unreserved Fund Balance of Fund No. 3170, Computer System Fund, to pay the arbitrage rebate to the Internal Revenue Service. SECTION 2. That FY 2002-2003 Capital Budget adopted by Ordinance No. 025144 is amended to add $37,807 to Fund No. 3170 Computer System Fund. 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 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 i~?'~lay of~, 2003. ATTEST THE CITY OF CORPUS CHRISTI / Armando Chapa City Secretary Mayor APPROVED: May 8, 2003 Lisa Aguilar ~ Assistant City Attorney For City Attorney Corpus Christi, Texas , - ,2003 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, ~-amu-~. N~al, Jr.;~ay~o~/ City of Corpus Christi Council Members The above ordinance was passed by the following vote: Samuel L. Neal, Jr. Brent Chesney Javier D. Colmenero Melody Cooper Henry Garrett Bill Kelly Rex A. Kinnison Jesse Noyola Mark Scott CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to thc City Council and other appropriate officers that the money required for the current fiscal year's portion of 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. Future payments are subject to annual appropriation by the City Council. City Council Action Date: May 13, 2003 Agenda item: Ordinance appropriating $37,807 from the interest earmngs in the Unreserved Fund Balance of Fund 3170, Computer Systems 1998 CIP Fund to pay the arbitrage rebate to the lntemal Revenue Service; adding $37,807 to Fund No. 3170, Computer Systems 1998 CIP Fund. Amount Required: $ 37,807 Fund Name Fund Org. No. Account No. Project No. Amount No. Computer Systems~1998 C--i~'Fu~d~- 3170 00000 2518~ $37 807 Total $37,807 Not required Direc~tor of Financial S~rvic~s Date: .5-/~/d.~