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HomeMy WebLinkAbout025517 ORD - 10/14/2003ORDINANCE APPROPRIATING $491,776.58 IN AIRPORT 2000A CIP FUND 3024 FROM FY 2001-2002 AND FY 2002-2003 INTEREST INCOME; TRANSFERRING $491,776.58 INTO THE AIRPORT 2000A DEBT SERVICE FUND 4640 FOR DEBT SERVICE PAYMENTS ON AIRPORT IMPROVEMENTS; AMENDING FY 2002-2003 CAPITAL BUDGET ADOPTED BY ORDINANCE NO. 025144 TO INCREASE APPROPRIATIONS BY $491,776.58; AND DECLARING AN EMERGENCY BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That $491,776.58 in Airport 2000A ClP Fund is appropriated from FY 2001-2002 and FY 2002-2003 interest income to transfer $491,776.58 into the Airport 2000A Debt Service Fund 4640 for debt service payments on airport improvements. SECTION 2. That FY 2002-2003 Capital Budget adopted by Ordinance No. 025144 is amended by increasing appropriations by $491,776.58. 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~L~day of ~u¢, 2003. ATTEST THE CITY OF CORPUS CHRISTI Armando Chapa City Secretary Approved: October 8, 2003 Lisa Aguilar~ Assistant City Attorney for City Attorney Samuel L. Neal, Jr. Mayor 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, S~ ma uel L.'~N~al, Jr., M'a~o~r(.~ 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 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. City Council Action Date: October 14, 2003 Agenda Item: Ordinance appropriating $491,776.58 in Airport 2000A CIP Fund 3024 from FY 2001-2002 and FY 2002-2003 unreserved fund balance; transferring $491,776.58 into the Airport 2000A Debt Service Fund 4640 for debt service payments on Airport Improvements; amending FY 2002-2003 Capital Budget adopted by Ordinance No. 025144 to increase appropriations by $491,776.58; and declaring an emergency. Amount Required: $491,776.58 Fund Name Fund Org. Account Project Amount No. No. No. No. Airport 1990 CIP Fund 3024 $491,776.58 $ $ $ $ $ Total $491,776.58 [] Certification Not Required Director of Financial Services Date: