HomeMy WebLinkAbout029431 ORD - 03/27/2012Page 1 of 3
ORDINANCE
Appropriating $300,000 from the unreserved fund balance in the No.
1140 Business/Job Development Fund for a business incentive grant
from the Corpus Christi Business and Job Development Corporation
to Oneta Company ("Oneta") for investing in new facilities and new
equipment of their existing manufacturing and distribution facilities
and the creation and retention of jobs; Changing the FY 2011-2012
operating budget, adopted by Ordinance No. 029155 by increasing
proposed expenditures by $300,000; and declaring an emergency
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. That $300,000 from the unreserved fund balance in the No. 1140
Business/Job Development Fund is appropriated for a business incentive grant from the
Corpus Christi Business and Job Development Corporation to Oneta for investing in
new facilities and new equipment of their existing manufacturing and distribution
facilities and the creation and retention of jobs.
SECTION 2. That Ordinance No. 029155, which adopted the FY 2011-2012 Operating
Fund, is changed to increase proposed expenditures in the No. 1140 Business/Job
Development Fund by $300,000 for a business incentive grant from the Corpus Christi
Business and Job Development Corporation to Oneta for investing in new facilities and
new equipment of their existing manufacturing and distribution facilities and the creation
and retention of jobs.
SECTION 3. 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 first reading as an emergency measure on this the g1t^day of
, 2012.
ATTEST: CITY OF CORPUS CHRISTI
Armando Chapa
City Secretary
Type A appropord Oneta 02152012
JoecVa'irfi(
Mayor
029431
INDEXED
Page 2 of 3 '
APPROVED: fia7brtra.r7 /5' , 2012
Charlott-" .r "em
Assist City Attorney
For City Attorney
Type A appropord Oneta 02152012
Page 3 of 3
Corpus Christi, Texas
A Day of ) C , 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,
Council Members
0a(k4/11.,
Joe Ad me
Mayor
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
Type A appropord Oneta 02152012
a�
ctuy
029431
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
I,Constance P. Sanchez, 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: March 27, 2012
Agenda Item:
a. Appropriating $300,000 from the unreserved fund balance in the No. 1140 Business/Job
Development Fund for a business incentive grant from the Corpus Christi Business and Job
Development Corporation to Oneta Company ("Oneta") for investing in new facilities and new
equipment of their existing manufacturing and distribution facilities and the creation and retention of
jobs; Changing the FY 2011-2012 operating budget, adopted by Ordinance No. 929155 by increasing
proposed expenditures by $300,000; and declaring an emergency
Amount Required:
300,000
Fund Name
Account No.
Fund No.
Org. No.
Project No.
Amount
CCBJDC
251850
1140
000000
$300,000
Total
$300,000
Certification Not Required
.-P
Director of Financial Services
Date: Click ra.. :. t .