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HomeMy WebLinkAbout028837 ORD - 11/09/2010Page 1 of 3 ORDINANCE ORDINANCE APPROVING THE TRANSFER OF $3,320,106.64 FROM NO. 1111 REINVESTMENT ZONE NO. 2 FUND TO AND APPROPRIATING IN THE NO. 3278 PACKERY CHANNEL PROJECTS TIF #2 FUND FOR THE CONSTRUCTION OF PACKERY CHANNEL PHASE 2 -- PARKING AND OVERLOOKS PROJECT AND OTHER PROJECTS RELATING TO PACKERY CHANNEL; AMENDING THE FY 2009-2010 CAPITAL BUDGET, ADOPTED BY ORDINANCE NO. 028449, BY INCREASING PROPOSED EXPENDITURES AND REVENUES BY $881,106.64 EACH; AND DECLARING AN EMERGENCY BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That $3,320,106.64 in the No. 1111 Reinvestment Zone No. 2 Fund is transferred to and appropriated in the No. 3278 Packery Channel Projects TIF #2 Fund for the construction of Packery Channel Phase 2 -- Parking and Overlooks Project and other projects relating to Packery Channel. SECTION 2. That Ordinance No. 028449, which adopted the FY 2009-2010 Capital Budget, is changed by increasing proposed expenditures and revenues by $881,106.64 for the construction of Packery Channel Phase 2 -- Parking and Overlooks Project and other projects relating to Packery Channel. SECTION 3.—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 ' assed and takes effect g upon i fist readi as an emergency measure on this the day of 0A/ , 2010. ATTEST: Armando Chapa City Secretary Packery Phase 11 appropord--10272010.doc CITY OF CORPUS CHRISTI Joe Ad'2 te Mayor 028837 adelmte INDEXED Page 2 of 3 APPROVED: October oZ , , 2010 R. Rf7ning First Assistant City Attorney For City Attorney Packery Phase!! appropord -- 10272010.doc Page 3of3 Corpus Christi, Texas G 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, Joe Ad me Mayor The above ordinance was passed by the following vote: Joe Adame Chris N. Adler Brent Chesney Larry R. Elizondo, Sr. Kevin Kieschnick Priscilla Leal John E. Marez Nelda Martinez Mark Scott 028837 Packery Phase 11 appropord -- 10272010.doc 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: November 9, 2010 AGENDA ITEM: A. Ordinance approving the transfer of $3,320,106.64 from No. 1111 Reinvestment Zone No. 2 Fund to and appropriating in the No. 3278 Packery Channel Projects TIF #2 Fund for the construction of Packery Channel Phase 2 -Parking and Overlooks project and other projects relating to Packery Channel; amending the FY 2009-2010 Capital Budget, adopted by Ordinance No. 028449, by increasing proposed expendituresand revenues by $881,106.64 each. Amount Certified: $3,320,106.64 IP No PK Z . Fund Name Account No. Fund No. Org. No. Project No. Amount Reinvestment Zone No. 2 Fund 548500 1111 See0t7 11t i t0 E03400 $3,320,106.64 Total $3,320,106.64 Certification Not Required cfre Director of Financial Services Date: / t '21-1 a H:U3OME\Rache]Ie1GEMPackery Channel \3400 -Ph 2 Parking & Overlooks\Constructionli AGENDA COVER,doc