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HomeMy WebLinkAbout029027 ORD - 04/12/2011Page 1 of 2 AN ORDINANCE APPROPRIATING $10,000,000 IN THE UNRESERVED WASTEWATER FUND BALANCE TO BE USED FOR WASTEWATER CAPITAL IMPROVEMENT PROJECTS, THUS REDUCING FY 2011 WASTEWATER CAPITAL BORROWINGS; CHANGING THE FY 2010-2011 OPERATING BUDGET ADOPTED BY ORDINANCE NO. 028683 TO INCREASE EXPENDITURES IN FUND NO. 4200 BY $10,000,000 AND TRANSFERRING TO WASTEWATER CAPITAL RESERVES FUND NO. 4510; AND DECLARING AN EMERGENCY. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF CORPUS CHRISTI, TEXAS: SECTION 1. That $10,000,000 is appropriated in the Unreserved Wastewater Fund Balance to be used for Wastewater Capital Improvement Projects, thus reducing FY 2011 Wastewater Capital borrowings. SECTION 2. That the FY 2010-2011 Operating Budget adopted by Ordinance 028683 is changed by increasing expenditures in Fund No. 4200 by $10,000,000 and transferring to Wastewater Capital Reserves Fund No. 4510. SECTION 3. That upon written request of the Mayor or five council members, copy attached, the City Council finds and declares an emergency due to the need for immediate action necessary for the efficient and effective administration of City affairs and suspends the Charter rule that requires consideration of and voting upon ordinances at two regular meetings so that this oj rance is passed and shall take effect upon first reading as an emergency this the 6 day of April, 2011. ATTEST: Armando Chapa City Secretary Approved as to form: March 30, 2011 By: �1. ✓rr -,� Lisa Aguilar, A �stant City ty Attorney for the City Attorney CITY OF CORPUS CHRISTI Joe A me Mayor 029027 INDEXED Page 2 of 2 Corpus Christi, Texas 1A -J Day of , 2011 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 e Mayor Council Members The above ordinance was passed by the following vote: Joe Adame Chris N. Adler Larry Elizondo, Sr. Kevin Kieschnick Priscilla G. Leal John E. Marez U Nelda Martinez Mark Scott 1411- Linda Strong 029027 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,arid has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: April 12, 2011 Agenda :Itein: ORDINANCE APPROPRIATING $10,000,000 IN THE UNRESERVED WASTEWATER FUND BALANCE TO BE USED FOR WASTEWATER CAPITAL IMPROVEMENT PROJECTS, THUS REDUCING FY 2011 WASTEWATER CAPITAL BORROWINGS; CHANGING THE FY 2010-2011 OPERATING BUDGET ADOPTED BY ORDINANCE NO. 028683 TO INCREASE EXPENDITURES IN FUND NO. 4200 BY $10,000,000 AND TRANSFERRING TO WASTEWATER CAPITAL RESERVES FUND NO. 4510; AND DECLARING AN EMERGENCY. Amount Required: $10,000,000 Fund Name Wastewater Fund Total Account No. 251850 Certification Not Required Print on Green Paper] Fund No. 4200 Org. No. Project No. Amount $10,000,000 $ irr Director of Financial Services Date: y' f i i