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HomeMy WebLinkAbout028001 ORD - 12/16/2008ORDINANCE APPROPRIATING AND APPROVING THE TRANSFER OF $600,000 FROM THE UNRESERVED FUND BALANCE IN THE NO. 4030 WATER DISTRIBUTION MAIN FUND TO THE NO. 4220 SANITARY SEWER TRUNK SYSTEM TRUST FUND FOR DEVELOPER REIMBURSEMENTS AND DECLARING AN EMERGENCY WHEREAS, Sections V.B.5.h) and V.B.6.h), Platting Ordinance, require the City Council to review the fees and charges used to fund the utility infrastructure trust funds; WHEREAS, after a public hearing, the City Council may transfer monies from one trust fund to the other in order to better carry out the purposes of the Platting Ordinance; and WHEREAS, on Tuesday, December 16, 2008, during its regular meeting, the City Council held a public hearing on transferring funds from the No. 4030 Water Distribution Main Trust Fund to the No. 4220 Sanitary Sewer Trunk System Trust Fund. WHEREAS, transferring funds from the No. 4030 Water Distribution Main Trust Fund to the No. 4220 Sanitary Sewer Trunk System Trust Fund is required to help balance the funding available in the four utility trust funds; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That $600,000.00 from the unreserved fund balance in the No. 4030 Water Distribution Main Trust Fund is appropriated for the transfer to the No. 4220 Sanitary Sewer Trunk System Trust Fund for developer reimbursements. SECTION 2. 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 i assed and takes effect upon first ding as an emergency measure on this the day of 2008. 028001 Water Distribution to Sanitary Sewer Trust Fund appropord -- 12052008 ATTEST: THE CITY OF CORPUS CHRISTI Armando Chapa City Secretary enry Garrett Mayor APPROVED: This /day of December, 2008: R. y Reining First Assistant City Attorney For City Attorney Water Distribution to Sanitary Sewer Trust Fund appropord — 12052008 2 Corpus Christi, Texas day of O\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. 3 Respectfully, Council Members Respectfully, H€nry Garr Mayor The above ordinance was passe 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 028001 Water Distribution to Sanitary Sewer Trust Fund appropord — 12052008 Abnif 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: December 16, 2008 a. Ordinance appropriating and approving the transfer of $700,000 from the unreserved fund balance in the No. 4030 Water Arterial Transmission and Grid Main Trust Fund to the No. 4220 Sanitary Sewer Trunk System Trust Fund for developer reimbursements and declaring an emergency. b. Ordinance appropriating and approving the transfer of $600,000 from the unreserved fund balance in the No. 4030 Water Distribution Main Trust Fund to the No. 4220 Sanitary Sewer Trunk System Trust Fund for developer reimbursements and declaring an emergency. c. Ordinance appropriating and approving the transfer of $350,000 from the unreserved fund balance in the No. 4220 Sanitary Sewer Collection Line Trust Fund to the Sanitary Sewer Trunk System Trust Fund for developer reimbursements and declaring an emergency. Amount Required: $1,650,000 Fund Name Fund No. Org. No. Account No. Project No. Amount Water Arterial Transmission and Grid Main Trust Fund 4030 21805 209010 $700,000 Water Distribution Main Trust Fund 4030 21806 209020 $600,000 Sanitary Sewer Collection Line Trust Fund 4220 21801 250420 $350,000 Total $1,650,000 Certification Not Required [Print ort Gree`rf Paper/ Director of Financial Services Date: ) Z - 9 - c