HomeMy WebLinkAbout027326 - ORD - 07/10/2007ORDINANCE
APROPRIATING AND TRANSFERRING SFER IN $91,137.13 OF UNAPPROPRIATED IATED INTEREST
EARNINGS fGS FI M WATER CAPITAL IMPROVEMENT PROGRAM (DIP) FUND 4080 TO
AND APPROPRIATING IATII IN THE UTILITY SYSTEM DEBT SERVICE FUND 4400;
APPROPRIATING $3,086.76 OF UNAPPROPRIATED INTEREST EARNINGS AND
TRANSFERRING FII $31,518.87 FROM WATER 1994 CIP FUND 4081 TO AND
APPROPRIATING IN THE UTILITY SYSTEM DEBT SERVICE FUND 4400; APPROPRIATING
IATING
$13,51&35 OF UNAPPROPRIATED INTEREST EARNINGS AND TRANSFERRING
II
$96,303.85 FROM WATER 1995 CIP FUND 4082 TO AND APPROPRIATING IN THE UTILITY
SYSTEM DEBT SERVICE FUND 4400; AND APPROPRIATING $2,204,201.01 OF
UNAPPROPRIATED IATED II TEF EST EARNINGS AND TRANSFERRING ING $2,290,674.35 FROM
WATER 1999 CIP FUND 4083 TO AND APPROPRIATING IATING IN THE UTILITY SYSTEM DEBT
SERVICE FUND 4400 TO BE APPLIED TO THE FISCAL YEAR 2006-2007 DEBT SERVICE
PAYMENT; AMENDING THE FY2007 CAPITAL BUDGET ADOPTED BY ORDINANCE NO.
026997 TO INCREASE APPROPRIATIONS BY $2,312,041.25; AMENDING THE FY 2006-
2007
5-
2 7 OPERATING BUDGET ADOPTED BY ORDINANCE NO. 026908 BY INCREASING
REVENUES AND APPROPRIATIONS BY $2,509,734.21 EACH, AND DECLARING AN
EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the following actions are taken: appropriating and transferring $91,137.13 of
unappropriated interest earnings from Water Capital Improvement (CIP) Fund 4080 to and
appropriated in the Utility System Debt Service Fund 4400; appropriating $3,086.76 of
unappropriated interest earnings and transferring $31,618.37 from Water 1994 CIP Fund 4081
to and appropriating in the Utility System Debt Service Fund 4400; appropriating $13,616.35 of
unappropriated interest earnings and transferring $96,303.85 from Water 1995 CIP Fund 4082
to and appropriating in the Utility System Debt Service Fund 4400; and appropriating
$2,204}201.01 of unappropriated interest earnings and transferring $2,290,674.36 from Water
1999 CIP Fund 4083 to and appropriating in the Utility System Debt Service Fund 4400 to be
applied to the Fiscal Year 2006-2007 debt service payment.
SECTION 2. That the FY2007 Capital Budget adopted by Ordinance No. 026997 be amended
to increase appropriations by $2,312,041.25. That the FY 2006-2007 operating budget adopted
by Ordinance 026908 is amended to increase estimated revenues and appropriations by
$2,509,734.21 each.
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 10th day of July, 2007.
ATTEST:
Armando Cha pa, City Secretary
APPROVED: July 2, 2007
Lisa Aguilar, tant City Attorney
for City Attorney
!TY OF CORPUS CHRISTI
enry Ga ett, Mayor
G27326
INDEXPn
Corpus Christi, Texas
Day of 0, 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: Uwe, 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
Respectfully,
enry Gar
Mayor
ft
The above ordinance was passed by the following vote:
Henry Garrett
Melody Cooper
Larry Eli undo, Sr.
Mike Hummell
Bill Kelly
Priscilla G. Leal
John E. Marez
Nelda Martinez
Michael McCutchon
e
cuit
c,
GLye
(L9t
Q27326
CITY of CORPUS CHRISTI
CERTIFICATION of FUNDS
(City Charter Article IV, Sections 7 & 8)
1, the Director of Financial Services ofthe 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 ofthe 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 July 10. 2007
Agenda Item:
Ordinance appropriating and transferring $91,137.13 of unappropriated interest earnings from water
Capital Improvement (CIP) Fund 4080 to and appropriating in the Utility System Debt Service Fund
4400; appropriating $3,086.76 of unappropriated interest earnings and transferring $31,618.87 from
Water 1994 CIP Fund 4081 to and appropriating in the Utility System Debt Service Fund 4400;
appropriating $13,616.35 of unappropriated interest earnings and transfening $96,303.85 from water
1995 CIP Fund 4082 to and appropriating in the Utility System Debt Service Fund 4400; and
appropriating $2,204,201.01 ofunappropriated interest earnings and transferring $2,290,674.36 from
Water 1999 CIP Fund 4083 to and appropriating in the Utility System Debt Service Fund 4400 to be
applied to the Fiscal Year 2006-2007 debt service payment; amending the FY2007 Capital Budget
adopted by Ordinance No. 026997 to increase appropriations by $2,312,041.25; amending the FY
2006-2007 operating budget adopted by Ordinance No. 026908 by increasing revenues and
appropriations by $2,509,734.21 each, and declaring an emergency.
Amount Required: $_2,509,734.21_
Fund Tante
Fund
No.
Org.
T o.
. Account
No.
Project
. No.
Amount
Utility Nysten Debt Service
I I Fund
4400
251850
.
$ 2, 509, 734.21
I
,
I
I
I
Total -
$2,509,734.21
qwwwww.ftweim,
Certification Not Required
uired
Director ofinan ' 1 S rvices
Date: 730 7
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article 1V, 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 subject to
annual appropriation by the City Council.
City Council Action Date July 10. 2007
Agenda Item:
Ordinance appropriating and transferring $91, 3 7.13 of unappropriated interest Wings from Water
Capital Improvement (CTP) Fund 4080 to and appropriating in the Utility System Debt Service Fund
4400; appropriating $3,086.76 of unappropriated interest earnings and transferring $31,618.87 from
Water 1994 CIP Fund 4081 to and appropriating in the Utility System Debt Service Fund 4400;
appropriating $13,616.35 of unappropriated interest earnings and transferring $96,303.85 from Water
1995 CIP Fund 4082 to and appropriating the Utility System Debt Service Fund 4400; and
appropriating $2,204,201.01 of unappropri