HomeMy WebLinkAbout027271 ORD - 05/15/2007Page 1 of 3
AN ORDINANCE
AUTHORIZING $334,000 FROM THE 2005 STREET GENERAL
OBLIGATION BOND FUND NO. 3541 TO PAY THE HOGAN
DEVELOPMENT COMPANY, LP, REQUEST FOR REIMBURSEMENT
OF ONE-HALF OF THE COST OF CONSTRUCTION OF THE
EXTENSION OF OSO PARKWAY ADJACENT TO THE PROPOSED
CONSERVATION PARK AND APPROPRIATING $177,019.63 FROM
THE WATER ARTERIAL TRANSMISSION & GRID MAIN TRUST FUND
NO. 540450-21803-4030 TO PAY THE HOGAN DEVELOPMENT
COMPANY, LP, REIMBURSEMENT REQUEST FOR THE
INSTALLATION OF 3,000 LINEAR FEET OF A 12 -INCH PVC WATER
GRID MAIN TO DEVELOP TERRA MAR; AND DECLARING AN
EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF CORPUS CHRISTI, TEXAS:
SECTION 1. That $334,000 is authorized from the Developer Participation Fund of the
2005 Street General Obligation Bond Fund No. 3541 to pay Hogan Development
Company, LP; toward one-half of the cost of construction of the extension of Oso
Parkway adjacent to the proposed conservation park, located east of the proposed Oso
Parkway and between Holly Road and Wooldridge Road.
SECTION 2. That $177,019.63 is appropriated from the Water Arterial Transmission &
Grid Main Trust Fund No. 540450-21805-4030 to pay Hogan Development Company,
LP, for the installation of 3,000 linear feet of a 12 -inch PVC water grid main to develop
Oso Parkway as a part of the Terra Mar development, located along the proposed Oso
Parkway between Holly Road and Wooldridge Road.
SECTION 3. That upon written request of the Mayor or five council members, copy
attached. the City Council finds and declares an emergency due to the need for
immediate action necessary for the efficient and effective administration of City affairs
and suspends the Charter rule that requires consideration of and voting upon
ordinances at two regular meetings so that this ordinance is passed and shall take
effect upon first reading as an emergency this the 15th of May, 2007.
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ATTEST:
Armando Chapa
City Secretary
APPROVED as to form May 11 2007
B
ary SMV. Smith
Assistant City Attorney
For City Attorney
Page 2 of 3
CITY OF CORPUS CHRISTI
Henry Gartt
Mayor
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Page 3 of 3
Corpus Christi, Texas
Day of
, 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.
Respectfully,
Council Members
The above ordinance
Henry Garrett
Brent Chesney
John E Marez
Melody Cooper
Jerry Garcia
Bill Kelly
Rex A. Kinnison
Jesse Noyola
Mark Scott
Respectfully,
Zry Garr- tt
Mayor
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was passed by the following vote:
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CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
1, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly
authorized representative), hereby certify to the 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 stdhject to annual appropriation by the City Council.
City Council Action Date May 15, 2007
Agenda Item:
A. Ordinance authorizing $334000 from the 2005 Street General Obligation Bond Fund No.
3541 to pay the Hogan Development Company, LP, request for reimbursement of one-half
of the cost of construction of the extension of Oso Parkway adjacent to the proposed
conservation park and appropriating $177,019.63 from the Water Arterial Transmission &
Grid Main Trust Fund No. 540450-21805-4030 to pay the Hogan Development Company,
LP reimbursement request for the installation of 3,000 linear feet of a 12 -inch pvc water
grid main to develop Terra Mar; and declaring an emergency.
Amount Required
$ 511,019 63
Fund Name
Fund
No.
Org.
No.
Account
No.
Project
No.
Amount
2005 Street ClP Fund,.
3541
00000
550910
170099
$334,000.00
Water Grid Trust Fund
` 4030
21805
540450
$177,019.63
Total
$511,019.63
Certification Not Required
0
Director of Financial Services
Date: /i/ /6 7
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