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HomeMy WebLinkAbout029551 ORD - 07/10/2012Ordinance amending the FY 2012 Capital Improvement Budget adopted by Ordinance No. 029135 for ST28-Developer Participation Line Item; increasing expenditures in the amount of $53,431.46; and declaring an emergency. BE IN ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: Section 1. The FY 2012 Capital Improvement Budget adopted by Ordinance No. 029135 is amended to increase ST28-Developer Participation Line item by $53,431.46. Section 2. The FY 2012 Capital Improvement Budget adopted by Ordinance No. 029135 is amended to increase expenditures in the amount of $53,431.46. Section 3. That upon written request of the Mayor of 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 o dinance is passed and shall take effect upon first reading as an emergency this the 7O (ay of July, 2012. ATTEST: Armando Chapa City Secretary CITY OF CORPUS CHRISTI s Joe a ame Mayor 029551 INDEXED Corp s Christi, Texas r day of tL , 2012 TO THE ME ERS IF 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, Council Members The above ordinance was Joe Adame Chris N. Adler Kelley Allen Larry Elizondo, Sr. Priscilla G. Leal David Loeb John E. Marez Nelda Martinez Mark Scott Respectfully, r Joe A me Mayor, City of Corpus Christi passed by the followin vote: K:IDEVELOPMENTSVCSISHAREDILEGISTAR\CC JULY 101KING'S POINT UNIT 9107.10-2012 AMENDING ORDINANCE KING'S Po int Unit 9 Revl.docx 029551 City Council•Sunirnary. Mostagliasi Investment Trust Participation Agreement.. Page 1 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 10, 2012 Ordinance amending the FY 2012 Capital Improvement Budget adopted by Ordinance No. 029135 for ST28-Developer Participation Line Item; increasing expenditures in the amount of $53,431.46; and declaring an emergency. Amount Required: $53,431.46 Fund Name Fund No, Org. No. Account No. Project No. Amount Bond 2008, Streets, Developer Participation 3548 00000 550910 E12039 $53,431.46 Total $53,431.46 Certification Not Required Director of Financial Services Date: C:IDOCUMENTS AND SETTI NGSIMARYJ.CCPD1 \APPLICATION DATAIL5\TEMPI5F293B69-AEF3-4520-615C-1 AC31 C554E49.DOC