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Ordinance appropriating and transferring $578,360.15 from the No. 9030
Corpus Christi Housing Finance Corporation Fund to the No. 1020
General Fund as forgiveness of a loan related to the Ward Building
Parking Lot in 2009; changing the FY 2011-2012 Operating Budget
adopted by Ordinance No. 029155 to increase revenues by $578,360.15;
and declaring an emergency.
Be it ordained by the City Council of the City of Corpus Christi, Texas:
SECTION 1. That $578,360.15 is appropriated and transferred from the No. 9030 Corpus
Christi Housing Finance Corporation Fund to the No. 1020 General Fund as forgiveness of
a loan related to the Ward Building Parking Lot in 2009.
SECTION 2. That the FY 2011-2012 Operating Budget adopted by Ordinance No. 029155
is changed to increase revenues by $578,360.15
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 ordinance is passed and takes effect upon first reading as an
emergency measure this the 2ee' day of � 2012.
ATTEST:
Armando Chapa, City Secretary
Approved: February 9, 2012
Lisa Agull , Assistant City Attorney
for the City Attorney
T
CITY OF CORPUS CHRISTI
Joe ame, Mayor
029384 'INDEXED
T
Corpus Christi, Texas
7..(841"' Day of F -e 4wm-r j , 2012
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 A ame
Mayor
Council Members
The above ordinance was passed by the following vote:
Joe Adame
Chris N. Adler
Kelley Allen
Larry Elizondo, Sr.
Priscilla G. Leal
David Loeb
John E. Marez
Nelda Martinez
Mark Scott
0 e
a A a t
029384
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: February 28, 2012
Agenda Item:
C. Ordinance appropriating and transferring $578,360.15 from the No. 9030 Corpus Christi
Housing Finance Corporation to the No. 1020 General Fund as forgiveness of a loan
related to the Ward Building Parking Lot in 2009; changing the FY 2011-2012 Operating
Budget adopted by Ordinance No. 029155 to increase revenue by $578,360.15;. and
declaring an emergency.
Amount Required: $578,360.15
Fund Name
Account No.
Fund No
Org. No.
Project No.
Amount
CC Housing Finance Corp.
548500
9030
60010
$578,360.15
Total
$578,360.15
❑ Certification Not Required
Director of Financial Services
Date: 7- —9 — � �