HomeMy WebLinkAbout026216 RES - 04/12/2005
RESOLUTION
AUTHORIZING THE CITY MANAGER TO SUSPEND APPLICATIONS
TO THE SANITARY SEWER TRUNK SYSTEM TRUST FUND UNTIL A
NEW PROGRAM IS DEVELOPED AND APPROVED BY COUNCIL.
WHEREAS, the Sanitary Sewer Trunk System Trust Fund is currently under-
funded and will have a shortfall of approximately $2.9 million after processing the
pending reimbursement agreements; and
WHEREAS, based on the projected acreage fees for FY 2005, the shortfall in the
Trust Fund will take approximately 4.5 years to regain a positive balance; and
WHEREAS, to give the Trust Fund ample time to regain a positive balance,
applications for reimbursement should be temporarily suspended until a new
program is developed and approved by Council.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
SECTION 1. That the City Manager is authorized to suspend application to the
Sanitary Sewer Trunk System Trust Fund until a new program is developed and
approved by Council.
ATTES~
Armando Chapa %=
City Secretary
APPROVED:__~j 1
Hen
Mayor
,2005.
By:
I)'VL. ~/
Joseph iltarney
Assistant City Attorney
For City Attorney
Reso-SS-Suspd
026216
2
Corpus Christi, Texas i
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The above resolution was p~ssed by the following vote:
Henry Garrett C0J<
Brent Chesney lU),,-
Melody Cooper L '~{
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,2005
Jerry Garcia
Bill Kelly
Rex A. Kinnison
John E. Marez
Jesse Noyola
Mark Scott
Reso-SS-Suspd
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