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AN ORDINANCE
APPROPRIATING $2,054,268.50 OF UNAPPROPRIATED INTEREST EARNINGS
FROM THE FOLLOWING FUNDS: $605,285.39 FROM NO. 4525 STORMWATER
COMMERCIAL PAPER PROGRAM CIP FUND, $971,369.42 FROM NO. 4475 WATER
COMMERCIAL PAPER PROGRAM CIP FUND, AND $477,613.69 FROM NO. 4500
WASTE WATER COMMERCIAL PAPER PROGRAM CIP FUND; TRANSFERRING
AND APPROPRIATING $605,285.39 INTO THE NO. 3480 STORM WATER CIP
FUND; TRANSFERRING AND APPROPRIATING $971,369.42 INTO THE NO. 4080
WATER CIP FUND; AND TRANSFERRING AND APPROPRIATING $477,613.69
INTO THE NO. 3430 WASTE WATER CIP FUND; FOR PROJECTS RELATING TO
IMPROVEMENTS TO THE CITY'S UTILITY SYSTEM AS ALLOWED BY THE
UTILITY SYSTEM REVENUE BOND COVENANTS; CHANGING THE FY 2007-2008
CAPITAL BUDGET ADOPTED BY ORDINANCE NO. 027546 BY INCREASING
APPROPRIATIONS BY $2,054,268.50; AND DECLARING AND EMERGENCY.
BE IT ORDAINED BY THE CITY COUNCIL OF CORPUS CHRISTI, TEXAS:
SECTION 1. That $2,054,268.50 of unappropriated interest earnings is appropriated
from the following Commercial Paper Program Utilities CIP Funds, : $605,285.39 from
No. 4525 Stormwater Commercial Paper Program CIP Fund, $971,369.42 from No.
4475 Water Commercial Paper Program CIP Fund, and $477,613.69 from No. 4500
Waste Water Commercial Paper Program CIP Fund; transferring and appropriating
$605,285.39 into the no. 3480 storm Water CIP Fund, $971,369.42 into the No. 4080
Water CIP Fund and $477,613.69 into the No. 3430 Waste Water CIP Fund for projects
relating to improvements to the City's Utility System as allowed by the Utility System
Revenue bond covenants.
SECTION 2. That the FY 07-08 Capital Budget adopted by Ordinance No. 027546 is
changed by increasing appropriations by $2,054,268.50.
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 14th of October, 2008.
ATTEST: CITY OF CORPUS CHRISTI
pr -
Armando Chapa, City Secretary
APPROVED as to orm: Oct ber 3, 2008
di
By: it/1Z.
Lisa Aguila ssistant City Attorney
For the City Attorney
027894
tt, Mayor
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Page 2 of 2
Corpus Christi, Texas
Day of C bati , 2008
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
Respectfully,
iEviditad
H'nry Gari-tt
Mayor
The above ordinance was passed by the following vote:
Henry Garrett
Melody Cooper
Larry Elizondo, Sr.
Mike Hummel)
Bill Kelly
Priscilla G. Leal
John E. Marez
Nelda Martinez
Michael McCutchon
027894
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l
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I, 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 October 14, 2008
Agenda Item:.
Ordinance appropriating $2,054,268.50 of unappropriated interest earnings from the following funds:
$605,285.39 from No. 4525 Stormwater Commercial Paper Program CIP Fund, $971,369.42 from
No. 4475 Water Commercial Paper Program CIP Fund, and $477,613.69 From No. 4500 Waste
Water Commercial Paper Program CIP Fund; transferring and appropriating $605,285.39 into the
No. 3480 Storm Water CIP Fund; transferring and appropriating $971,369.42 into the No. 4080
Water CIP Fund; and transferring and appropriating $477,613.69 into the No. 3430 Waste Water CIP
Fund; for projects relating to improvements to the City's Utility System as allowed by Utility System
Revenue bond covenants; changing the FY 2007-2008 Capital Budget adopted by Ordinance No.
027546 by increasing appropriations by $2,054,268.50; and declaring an emergency.
Amount Required: $ 2,054,268.50
Fund Name
Fund
No.
Org.
No.
Account
No.
Project
No.
Amount
See Attached Schedule
Total
$2,054,268.50
Certification Not Required
'P
Director of Financial Services
Date: 9-z.v-o s'
SCHEDULE
No. 4525 Storm Water Commercial Paper Program CIP Fund
No. 4475 Water Commercial Paper Program CIP Fund
No. 4500 Waste Water Commercial Paper Program CIP Fund
$ 605,285.39
$ 971,369.42
$ 477,613.69
$2,054,1%50