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HomeMy WebLinkAbout027909 RES - 10/21/2008RESOLUTION AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO EXECUTE AN ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION (TXDOT) IN THE AMOUNT OF $1,683,570 FOR NORTH PORT AVENUE FROM IH 37 TO US 181 FOR CONSTRUCTION WORK. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Manager or his designee is authorized to execute an Advance Funding Agreement with the Texas Department of Transportation (TXDOT) in the amount of $1,683,570 for the construction work for North Port Avenue from IH 37 to US 181. ATTEST: Armando Chapa City Secretary APPROVED AS TO F0171(13 -Oct -08 Veronica Ocanas Assistant City Attorney For City Attorney CITY OF CORPUS CHRISTI enry G- rett Mayor 027909 H\LEG-DIR\VeronicaO\1.ENG\1 AGENDA 1 T E M S\08\102108\102108 RESO adv fund 4 NorthPort Ave.doc 1 OF 2 /- day of Ocia, , 2008. The above resolution was passed by the following vote: Henry Garrett Melody Cooper Larry Elizondo, Sr. Mike Hummel) Bill Kelly Priscilla Leal John E. Marez Nelda Martinez Michael McCutchon Avi- 02 1909 H:\LEG-DIR\Veronica0\1.ENG\1 AGENDA ITEM S\08\102108\102108 RESO adv fund 4 NorthPort Ave.doc 2 OF 2 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, 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: October 21, 2008 Agenda Item: (Caption as it should appear on the agenda) Resolution authorizing the City Manager, or his designee, to execute an Advance Funding Agreement with the Texas Department of Transportation (TXDOT) in the amount of $1,683,570 for the North Port Avenue from IH 37 to US 181. (BOND ISSUE 2004) Amount Required: $1,683,570 CIP NUMBER: ST No. 9 Fund Name Fund No. Org. No. Account No. Project No. Amount Street 2007 A-1 CIP (TMPC CO) 3543 00000 550910 170525 $1,683,570 Total $1,683,570 Certification Not Required • ° A is_._ Director of Financial Services Date: /0-15 - or H:\USER82WOME\VELMAP\GEN TXDOTWORTH PORT AVENUE \2008 OCTOBER ADVANCE FUNDING AGREEMENT\AGENDA COVER