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HomeMy WebLinkAbout029118 ORD - 07/12/2011Page • of 3 ORDINANCE ESTABLISHING A WATER SUPPLY DEVELOPMENT RESERVE IN THE NO. 4010 WATER FUND; RESERVING $221,797.53 FROM FEDERAL EMERGENCY MANAGEMENT AGENCY, AS REIMBURSEMENT FOR DISASTER 1425 (TEXAS 2002 FLOODS), IN THE WATER SUPPLY DEVELOPMENT RESERVE OF THE NO. 4010 WATER FUND; CHANGING THE FY 2010-2011 OPERATING BUDGET, ADOPTED BY ORDINANCE NO. 028252 BY INCREASING PROPOSED REVENUES BY $221,797.53; AND DECLARING AN EMERGENCY BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. A Water Supply Development Reserve is established in the No. 4010 Water Fund. The Water Supply Development Reserve will be funded by a portion of the revenues generated by the Raw Water Cost Adjustment for water supply development and protection and other revenues received by the City for the development of future water supplies. The Water Supply Development Reserve will be used to pay a portion of the costs of implementing the future acquisition of water rights and implementation of water supply strategies in the Coastal Bend Regional Water Plan. SECTION 2. That $221,797.53 from Federal Emergency Management Agency, as reimbursement for disaster 1425 (Texas 2002 floods), is reserved in the Water Supply Development Reserve of the No. 4010 Water Fund. SECTION 3. That Ordinance No. 028252, which adopted the FY 2010-2011 Operating Fund, is changed to increase proposed revenues in the 4010 Water Fund by $221,797.53. SECTION 4. 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 is sed and takes effect upon first re• in. as an emergency measure on this the day of , 2011. ATTEST: Armando Chapa City Secretary Ord -FEMA 1425 appropord 06162011a.docx CITY OF CORPUS CHRISTI Larry Elizondo, Sr. Mayor Pro Tem 029118 INDEXED 'Page 2of3 APPROVED: June 30, 2011 R. Jay�R�iing Firs{Assistant CityAttorney For City Attorney Ord -FEMA 1425 appropord 06162011a.docx Page 8 of 3 Corpus Christi, Texas /2ay 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, 4-4/0e Larry Elizondo, Sr. Mayor Pro Tem The above ordinance was passed by the following vote: Joe Adame Chris N. Adler Larry R. Elizondo, Sr. Kevin Kieschnick Priscilla Leal David Loeb John E. Marez Nelda Martinez Mark Scott /41)g -pd - Ord -FEMA 1425 appropord 06162011a.docx 0Z9118 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: July 12, 2011 Agenda Item: ORDINANCE ESTABLISHING A WATER SUPPLY DEVELOPMENT RESERVE IN THE NO. 4010 WATER FUND; RESERVING $221,797.53 FROM FEDERAL EMERGENCY MANAGEMENT AGENCY, AS REIMBURSEMENT FOR DISASTER 1425 (TEXAS 2002 FLOODS), IN THE WATER SUPPLY DEVELOPMENT RESERVE OF THE NO. 4010 WATER FUND;; CHANGING THE FY 2010-2011 OPERATING BUDGET, ADOPTED BY ORDINANCE NO. 028252 BY INCREASING PROPOSED REVENUES BY $221,797.53; AND DECLARING AN EMERGENCY Amount Required: $221,797,.53 Fund Name Account No. Fund No Org. No. Project No. Amount Water 305705 4010 30000 $221,797.53 Total $221,797.53 Certification Not Required Director of Financial Services Date: 7 - 2. 7 -1/