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HomeMy WebLinkAbout029403 ORD - 03/27/2012Page 1 of 2 Ordinance Amending Ordinance No. 027996, which designated a certain area within the jurisdiction of the City of Corpus Christi as a tax increment financing district known as "Reinvestment Zone Number Three, City of Corpus Christi, Texas" (the "Reinvestment Zone"), to correct the termination date of the Zone; authorizing the City Manager to enter into an Amended Interlocal Agreement with Del Mar College and with Nueces County; and declaring an emergency. Be it ordained by the City Council of the City of Corpus Christi, Texas, that: SECTION 1. The stated termination date of the Reinvestment Zone of December 31, 2022, as declared in Ordinance No. 027996 on November 17, 2009, is hereby changed to a termination date of the Zone of December 31, 2028. SECTION 2. The City Manager is hereby authorized to enter into an Amended Interlocal Agreement with Del Mar College reflecting and referring to this ordinance amending Ordinance No. 027996. SECTION 3. The City Manager is hereby authorized to enter into an Amended Interlocal Agreement with Nueces County reflecting and referring to this ordinance amending Ordinance No. 027996. 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 passed and takes effect upon fir t reading as an emergency measure on this the c 1 - day of f )0i , 2012. ATTEST: Armando Chapa City Secretary APPROVED: This / day of r THE CITY OF CORPUS CHRISTI Joe A ame Mayor , 2012: C arlotte em Assist City Attorney For City Attorney DOWNTOWN TIF ORD AMENDED 2-21-2012 029403 INDEXED Corpus Christi, Texas c 1 day of Respectfully, , 2012 Page 2 of 2 Respectfully, Joe Mame Mayor The above ordinance was passed by the following vote: Joe Adame Chris N. Adler Larry R. Elizondo, Sr. Kelley Allen Priscilla Leal David Loeb John E. Marez Nelda Martinez Mark Scott (iA-Jc DOWNTOWN TIF ORD AMENDED 2-21-2012 029403