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HomeMy WebLinkAbout028732 RES - 08/24/2010RESOLUTION AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO SUBMIT A GRANT APPLICATION TO THE U. S. DEPARTMENT OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION IN THE AMOUNT OF $3,688,180.94 FOR THE CHAPARRAL STREET REDEVELOPMENT PROJECT (PHASE I) TO CONVERT CHAPARRAL STREET (NOW ONE-WAY) FROM SCHATZEL STREET TO WILLIAM STREET INTO A TWO-WAY VEHICLE/PEDESTRIAN-FRIENDLY CORRIDOR, WITH A CITY MATCH OF $922,045.24 IN THE FUND 3546, STREET 09 GO CIP FUND (BOND 08), AND A TOTAL PROJECT COSTS OF $4,610,226.18 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Manager, or designee, is authorized to submit a grant application to the U. S. Department of Commerce, Economic Development Administration in the amount of $3,688,180.94 for the Chaparral Street Redevelopment Project (Phase I) to convert Chaparral Street (now one-way) from Schatzel Street to William Street into a two-way vehicle/pedestrian-friendly corridor. The City match for this grant is $922,045.24 in the Fund 3546, Street 09 GO CIP Fund (Bond 08), for a total project costs of $4,610,226.18. SECTION 2. The City Manager, or designee, may accept, reject, agree to alter the terms and conditions, or terminate the grant, if the grant is awarded to the City. ATTEST: THE CITY OF CORPUS CHRISTI h) -)T4.1-061 Armando Chap a Joe Ada' City Secretary ' Mayor APPROVED: 18th day of August, 2010. R7Jay Reining First Assistant City Attorney For City Attorney Chaparral St grantres 08172010 028732 INDEXED Corpus Christi, Texas of The above resolution was Joe Adame Chris N. Adler Brent Chesney Larry R. Elizondo, Sr. Kevin Kieschnick Priscilla Leal John E. Marez Nelda Martinez Mark Scott Chaparral St grantres 08172010 passed by the following vote: /4 -e -J /47 A,/ 028 732 2 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: 08/24/2010 Agenda Item: RESOLUTION AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO SUBMIT A GRANT APPLICATION TO THE U. S. DEPARTMENT OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION IN THE AMOUNT OF $3,688,180.94 FOR THE CHAPARRAL STREET REDEVELOPMENT PROJECT (PHASE I) TO CONVERT CHAPARRAL STREET (NOW ONE-WAY) FROM SCHATZEL STREET TO WILLIAM TREET INTO A TWO-WAY VEHICLE/PEDESTRIAN-FRIENDLY CORRIDOR, WITH A CITY MATCH OF $922,045.24 IN THE FUND 3546, STREET 09 GO CIP FUND (BOND 08), D A TOTAL PROJECT COSTS OF $4,610,226.18 mount`Required: $922,045.24 Fund Name Fund No. Org. No. Account No. Project No. Amount City Bond Issue 2008 3546 Street 09 GO CIP Fund 2008 110 (07-7- $922,045.24 ' 7 $922,045.24 Total` Certification Not Required $922,045.24 Director of Financial Services Date: - j -