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HomeMy WebLinkAbout028782 ORD - 09/14/2010AN ORDINANCE APPROPRIATING $1,950,752 FROM THE UNRESERVED FUND BALANCE IN PASSENGER FACILITY CHARGE FUND NO. 4621 AND RETAINING $700,000 TO FUND TERMINAL BUILDING RECONSTRUCTION IMPROVEMENTS, TRANSFERRING $893,910 INTO THE AIRPORT 2000A DEBT SERVICE FUND NO. 4640 AND TRANSFERRING $356,842 INTO THE AIRPORT 2000B DEBT SERVICE FUND NO. 4641 FOR DEBT SERVICE ON AIRPORT IMPROVEMENTS; CHANGING THE FY2009-2010 CAPITAL BUDGET ADOPTED BY ORDINANCE NO. 028449 TO INCREASE APPROPRIATIONS BY $1,950,752; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS, THAT: SECTION 1. An appropriation in the amount $1,950,752 is made from the unreserved fund balance in Passenger Facility Charge Fund No. 4621 to be appropriated as follows: retain $700,000 in Passenger Facility Charge Fund No. 4621 to fund Terminal Building Reconstruction Improvements, transfer $893,910 into the Airport 2000A Debt Service Fund No. 4640, and transfer $356,842 into the Airport 2000B Debt Service Fund No. 4641 for debt service on airport improvements. SECTION 2. The FY2009-2010 Capital Budget, adopted by Ordinance No. 028449, is changed to increase appropriations by $1,950,752: SECTION 3. Upon the 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 is passed id takes effect upon fir rea mgemergency measure on this the /4- day of an , 2010. ATTEST: Armando Chapa City Secretary AP ROVED: Septe ber 3, 2010 JA AOC Eliza, -th R. Hundley Assi ant City Attorney for the City Attorney EHord31 3 CITY OF CORPUS CHRISTI Joe ame Mayor 028782 INDEXED Corpus Christi, Texas day of � , 2010 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, Respectfully, Council Members Joe Ada e lir Mayor The above ordinance was passed by the following vote: Joe Adame Brent Chesney Chris N. Adler 417 Larry Elizondo, Sr. Kevin Kieschnick Priscilla G. Leal John E. Marez Nelda Martinez Mark Scott EHord313 O287.$2 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) 1, 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: 9.14.10 Agenda Item: Ordinance appropriating $1,950,752 from the unreserved fund balance in Passenger Facility Charge Fund No. 4621 and retaining $700,000 to fund Terminal Building Reconstruction improvements, transferring $893,910 into the Airport 2000A Debt Service Fund No. 4640 and transferring $356,842 into the Airport 2000B Debt Service Fund No. 4641 for Debt Service on Airport Improvements; changing the FY2009-2010 Capital Budget adopted by Ordinance No. 028449. to increase appropriations by $1,950,752 and declaring an emergency Amount Required: 51,950,752 Fund Name Fund No. Org. No. Account No. Project No. Amount Passenger Facility Charge Fund 4621 251850 $1,950,752 $ $ $ $ $ Total _ $1,950,752 Certification Not Required Director of Financial Services Date: 9 - -: 98`ja