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HomeMy WebLinkAbout029223 ORD - 09/27/2011Page 1 of 2 Ordinance approving the appropriation and transfer of money from the No. 1111 Reinvestment Zone No. 2 Fund to the No. 3278 Packery Channel Projects TIF #2 Fund for Packery Channel projects; making conforming changes to the Three Year Revenue and Expenditure Projection for Reinvestment Zone No. 2 Fund in the FY 2011-2012 Budget; and declaring an emergency. Be it ordained by the City Council of the City of Corpus Christi, Texas: Section 1. That $1,393,400 from the unreserved fund balance 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 expenses related to channel and beach monitoring in the Packery Channel project area, maintenance dredging of Packery Channel and the renourishment of the beach seaward of the Padre Island seawalls, and installation of the Packery Channel Phase 3 -- Restroom Facilities. Section 2. That Ordinance No. 29155, which adopted the FY 2011-2012 Budget, is changed by decreasing the unreserved fund balance and increasing expenditures proposed for YR 1 FY 2012 for "Operating Transfers Out" by $1,393,4000 each. Section 3. The City Manager is authorized to make necessary conforming changes to the Three Year Revenue and Expenditure Projection for Reinvestment Zone No. 2 Fund in the FY 2011=2012 Budget. 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 p sed and takes effect upon first reading as an emergency measure on this the day of September, 2011. Attest: Armando Chapa City Secretary Approved: September 14, 2011 R. erring First ssistant y Attorney For City Attorney TIRZ#2 appropord A -- 09142011.docx City of Corpus Christi Joe dame Mayor 029223 INDEXED Page 2 of 2 Corpus Christi, Texas day of ā€ž 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 Ada2-#1 Mayor 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 TIRZ#2 appropord A -- 09142011.docx /4-6(Auf 029223 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: September 27, 2011 Agenda Item: B. Ordinance approving the .appropriation and transfer of money from the No. 1111 Reinvestment Zone No. 2 Fund to the No. 3278 Packery Channel Projects TIF #2 Fund for Packery Channel projects; making conforming changes to the Three Year Revenue and Expenditure Projection for Reinvestment Zone No. 2 Fund in the FY 2011-2012 Budget; and declaring an emergency. Amount Required: $1,393,400 Fund Name Account No. Fund No. Org. No. Project No. Amount Reinvestment Zone #2 548500 1111 00000 $1,393,400 Total $1,393,400 fl Certification Not Required Director of Financial Services Date: r CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) 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: September 27, 2011 Agenda Item: B. Ordinance approving the appropriation and transfer of money from the No. 1111 Reinvestment Zone No. 2 Fund to the No. 3278 Packery Channel Projects TIF #2 Fund for Packery Channel projects; making conforming changes to the Three Year Revenue and Expenditure Projection for Reinvestment Zone No, 2 Fund in the FY 2011-2012 Budget; and declaring an emergency. Amount Required: $1,393,400 Fund Name Account No. Fund No. Org. No. Project No. Amount Packery Channel Projects TIF #2 550910 3278 00000 $1,393,400 Packery Channel Projects TIF #2 352050 3278 00000 (1,393,400) Total $ 0 EI Certification Not Required IVi pā€ž Err Director of Financial Services Date: i 1 5-'11