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HomeMy WebLinkAbout027179 ORD - 03/20/2007ORDINANCE APPROPRIATING $24,458.42 INTEREST EARNINGS FROM THE GRANDE COMMUNICATIONS SECURITY FUND IN THE GENERAL FUND; TRANSFERRING TO AND APPROPRIATING IN THE CC DIGITAL COMMUNITY DEVELOPMENT CORPORATION FUND 4800 FOR FIBER CONSTRUCTION; AMENDING THE FY 06-07 OPERATING BUDGET ADOPTED BY ORDINANCE NO. 026908 BY INCREASING APPROPRIATIONS BY $24,458.42; AMENDING CC DIGITAL COMMUNITY DEVELOPMENT CORPORATION FUND 4800 TO INCREASE APPROPRIATIONS AND REVENUES BY $24,458.42 EACH; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That $24,458.42 interest earnings from Grande Communications Security Fund in the General Fund is appropriated, transferred to and appropriated in the CC Digital Community Development Corporation Fund 4800 for fiber construction. SECTION 2. That the FY 2006-2007 operating budget adopted by Ordinance 026908 is amended to increase appropriations by $24,458.42. SECTION 3. That the CC Digital Community Development Corporation Fund 4800 is amended to increase both appropriations and revenues by $24,458.42 each. SECTION 4. 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 March 20, 2007. ATTEST: THITY OF CORPUS CHRISTI Armando Chapa City Secretary APPROVED: March 14 2007 Lisa Aguilar Assistant City ttorney for City Attorney Henry Garre Mayor 71 79 INDEXED Corpus�Christi, Texas 2Sday of 1 I 2007 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. Respectfu Ily, Respectfully, Henry Garrett Mayor Council Members The above ordinance was passed by the following vote: Henry Garrett Brent Chesney Melody Cooper Jerry Garcia Bill Kelly Rex A. Kinnison Jon Merez Jesse Noyola Mark Scott 14. a CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) 1, 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: March 20, 2007 AGENDA ITEM: B Ordinance appropriating $24,458.42 interest eamings from the Grande Communications Security Find established in the General Fund; transferring to and appropriating in the CC Digital Community Development Corporation Fund 4800 for fiber construction; amending the FY 06-07 Operating Budget adopted by Ordinance NO. 026908 by increasing appropriations by $24,458.42; amending CC Digital Community Development Corporation Fund 4800 to increase appropriations and revenues by $24,458.42 each; and declaring and emergency. Amount Rewired: CI Ft Fund Name Fund No, Org. No. ! Account No. Project No. Amount ear Source, Inc. Security ander interest earnings 1020 00000 t 340900 $24,458.42 to l $24,458.42 Certification Not Required Director of FinarfialS rvices Date: 1 f / 7 -Arrz,r7