HomeMy WebLinkAbout029556 ORD - 07/10/2012Ordinance
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Appropriating $360,000 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
("Type A Corporation") to Majek Boatworks, Inc. and Turner-Majek
Real Estate, LLC ("Majek") for building improvements and new
equipment for an expansion of their boat manufacturing facility in
Corpus Christi and the .creation and retention of jobs; Changing the
FY 2011-2012 operating budget, adopted by Ordinance No. 029155,
by increasing proposed expenditures by $360,000; and declaring an
emergency
Be it ordained by the City Council of the City of Corpus Christi, Texas:
SECTION 1. That $360,000 from the unreserved fund balance in the No. 1140
Business/Job Development Fund is appropriated for a business incentive grant from the
Type A Corporation to Majek for building improvements and new equipment for an
expansion of their boat manufacturing facility in Corpus Christi and the creation and
retention of jobs and the improvement of Saluki Street.
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 $360,000 for a business incentive grant from the Type A
Corporation to Majek for building improvements and new equipment for an expansion of
their boat manufacturing facility in Corpus Christi and the creation and retention of jobs
and the improvement of Saluki Street.
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 fir t reading as an emergency measure on this the 10 may of
, 2012.
ATTEST:
Armando Chapa
City Secretary
ffbe979f-64de-44fd-b2f3-4070bf3dac37.docx
CITY OF CORPUS CHRISTI
Joe ;ame
Mayor
029556
INDEXED
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Corpus Christi, Texas
r Day of , 2012
TO THE MEMBERS O THE 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 ame
Mayor
Council Members
The above ordinance was passed by the following vote:
Joe Adame
Chris N. Adler
Kelley Allen
Larry Elizondo, Sr.O1,bQiki-
Priscilla
G. Leal
David Loeb
John E. Marez
Nelda Martinez
Mark Scott
ffbe979f-64de-44fd-b2f3-4070bf3dac37.docx
02'3556
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: July 10, 2012
Agenda Item:
Ordinance appropriating $360,000 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 ("Type A Corporation") to Majek Boatworks, Inc.
and Turner-Majek Real Estate, LLC ("Majek") for building improvements and new equipment for
an expansion of their boat manufacturing facility in Corpus Christi and the creation and retention
of jobs; Changing the FY 2011-2012 operating budget, adopted by Ordinance No. 029155, by
increasing proposed expenditures by $360,000; and declaring an emergency
Amount Required: $ 360,000
Fund Name
Account No.
Fund No.
Org. No.
Project No.
Amount
CCBJDC
251850
1140
000000
$360,000
Total
$ 3c p 000
❑ Certification Not Required
Director of Financial Services
Date: 7 _ 5 —/