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HomeMy WebLinkAbout027783 RES - 07/29/2008Page 1 of 2 RESOLUTION AMENDING RESOLUTION NO. 027649, WHICH APPROVED PROJECTS TO BE FUNDED THROUGH TAX NOTES, TO ALLOW FOR THE TRANSFER OF FUNDING BETWEEN THE INDIVIDUAL APPROVED PROJECTS AS NEEDED, WHILE REMAINING WITHIN THE AUTHORIZED PRINCIPAL AMOUNT. Whereas, on April 8, 2008, City Council approved Resolution No. 027649 which approved use of tax notes to fund certain projects; Whereas, the Resolution included a list of projects ("Exhibit A" to Resolution 027649) with specific purchase amounts, based on best estimates; Whereas, some of the individual purchases were actually less than the estimated amount listed on original Exhibit A, and there are excess revenues; Whereas, some of the actual project amounts exceeded amounts listed on Exhibit A; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That Resolution No. 027649 which approved use of Tax Notes to fund certain projects, is amended to allow the City Manager to transfer funding as needed between individual approved projects listed on Exhibit A to Resolution 027649, while remaining within the authorized principal amount. INTRODU AND PASSED by the City Council of the City of Corpus Christi, Texas, on the o&day of July, 2008. ATTEST: CITY OF CORPUS CHRISTI Armando City Secretary Approved: July 17, 2008 vv' Lisa Aguilar/ Assistant City Attorney For City Attorney H:\LEG-DIR\Lisa\2008 Resolutions\Amend Resolution 027649.doc .n., ,4 Henry Garr •tt, Mayor 027783 Corpus Christi, Texas 070 of , 2008 The above resolution wa passed by the following vote: Henry Garrett Melody Cooper Larry Elizondo, Sr. Mike Hummel! Bill Kelly Priscilla G. Leal hie /� �-_l/Iti4T4` John E. Marez G:4s� Nelda Martinez -4- 4„ Michael McCutchon 027783