HomeMy WebLinkAbout029823 ORD - 04/30/2013Page 1 of 2
Ordinance
Appropriating $250,000 received from SMG (under contractual
obligation to contribute capital for the American Bank Center) in the
No. 4710 Visitors Facility Fund for improvements to the American
Bank Center; Appropriating $277,247.91 from reserved fund balance
in the No. 4710 Visitors Facility Fund for American Bank Center
capital improvement expenditures; Appropriating $50,000 from
reserved fund balance in the No. 4710 Visitors Facility Fund for
capital and repair maintenance needs relating to the food and
beverage concessions at the American Bank Center; Appropriating
$119,364.25 from unreserved fund balance in the No. 1130 Arena
Facility Fund for repair maintenance needs at the Arena; changing
the FY 2012 -2013 Operating Budget adopted by Ordinance No.
029577 to increase revenues by $250,000 and by increasing
expenditures by a total of $696,612.16.
Be it ordained by the City Council of the City of Corpus Christi, Texas:
SECTION 1. That $250,000 is received from SMG under contractual obligation to
contribute capital for the American Bank Center and is appropriated in the No. 4710
Visitors Facility Fund for improvements to the American Bank Center.
SECTION 2. That $277,247.91 is appropriated from the No. 4710 Visitors Facility Fund
for American Bank Center capital improvement expenditures.
SECTION 3. That $50,000 is appropriated in the No. 4710 Visitors Facility Fund for
capital and repair maintenance needs relating to the food and beverage concessions at
the American Bank Center.
SECTION 4. That $119,364.25 is appropriated in the No. 1130 Arena Facility Fund for
repair maintenance needs at the Arena.
SECTION 5. That the FY 2012 -2013 operating budget adopted by Ordinance 029577 is
amended to increase revenues by $250,000 and to increase expenditures by a total of
$696,612.16.
ATTEST:
Armando Chapa
City Secretary
Combined Ordinance - Appropriation of Funds for ABC Improvements
CITY OF CORPUS CHRISTI
Nelda Martinez
Mayor
n
9 3
INDEXED
Page 2 of 2
That the foregoing ordina ce w s read for the first time and passed to its second
2013, by the following vote:
reading on this the of
Nelda Martinez
Kelley Allen
Rudy Garza
Priscilla Leal
David Loeb
That the foregoing ordin
the ay of
Nelda Martinez
Kelley Allen
Rudy Garza
Priscilla Leal
David Loeb
Chad Magill
Colleen McIntyre
Lillian Riojas
Mark Scott
rice wa read for the second time and passed finally on this
AL *ILL_ , 2013, by the following vote:
Chad Magill
Colleen McIntyre
Lillian Riojas
Mark Scott
PASSED AND APPROVED is the
ATTEST:
Armando Chapa
City Secretary
Combined Ordinance- Appropriation of Funds for ABC Improvements
Nelda Martinez
Mayor
029„23
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 officer that the money required for the
current fiscal year's portion of the contract, atnreement, 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: April,7r3'2013
Agenda Item:
Appropriating S250,000 received from SWIG (under contractual obligation to contribute
capital. for the American Bank Center) in the No. 4710 Visitors Facility Fund for
improvements to the American Bank Center; Appropriating 5277,247 -91 from reserved fund
balance in the No. 4710 Visitors Facility Fund for American Bank Center capital
improvement expenditures; Appropriating S50,000 from reserved fund balance in the No.
4710 Visitors Facility Fund for capital and repair maintenance needs relating to the food and
beverage concessions at the American Bank Center; Appropriating S 119, 364.25 from
unreserved fund balance in the No. 1130 Arena Facility Fund for repair maintenance needs at
the Arena; changing the FY 2012 -2013 Operating Budget adopted by Ordinance No. 029577
to increase revenues by 5250,000 and by increasing expenditures by a total of 5696,612.16.
Amount Required: S 696,612.16
Fund Name
Visitors Facilities Fund
Fund No.
4710
Org. No. ! Account No.
13600 340200
Visitors Facilities Fund
Visitors Facilities Fund
Visitors Facilities Fund
4 710
4710
4710
13625 ;340200
13600
13625
530000
530000
Visitors Facilities Fund
Visitors Facilities Furid
Visitors Facilities Fund
Visitors Facilities Fund
4710
00000
260335
Project No.
Amount
($ 125,00000)
(5 125,000.00)
$ 125,000.00
$ 125,000 -00
Arena Facility Fund
Arena facility Fund
4710
13610
4710 00000
4710 13611
530000
260335
530000
1130
1130
00000
($ 277,2.47 -91)
S 27? 24 7.91
(5 50,000.00)
S 50,000.00
251850
13822 540275
(5 119,36425)
119,364.25
"TOTAL INCREASE IN
EXPENDITURES
Certification Not Required
$ 696,612.16
Director of Financial Services
Date: — 2- z