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HomeMy WebLinkAbout030140 ORD - 03/25/2014Ordinance authorizing the City Manager or designee to execute all documents necessary to accept and appropriate $341,846.87 in developer contributions and $1,498.08 in interest earnings for a sum of $343,344.95 in the No. 4720 Community Enrichment Fund for park improvements, and other related projects. Whereas, City of Corpus Christi Unified Development Code provides that should the City accept fees in lieu of land for park dedication, the fees shall be placed in the City's Community Enrichment Fund for the acquisition or improvement of parks most likely to serve the subdivision; Whereas, City of Corpus Christi Unified Development Code provides that park development fees may be used only for development of a public recreational area that will serve the subdivision consistent with the Parks, Recreation and Open Space Master Plan; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF CORPUS CHRISTI, TEXAS: Section 1. The City Manager or designee is authorized to execute all documents necessary to accept and appropriate $341,846.87 in developer contributions and $1498.08 in interest earnings, for a sum of $343,344.95, in the No. 4720 Community Enrichment Fund for park improvements and other related projects. That foregoing ordinance ?vas read for the first time and passed to its second reading on this the day of \-/ tt'Clx_,2014, by the following vote: Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb Chad Magill Colleen McIntyre Lillian Riojas Mark Scott T t.)e foregoing ordinance was read for the second time and passed finally on this the c� ► day of -11AG�7 C� , '2014, by the following vote: Nelda Martinez Kelley Allen Rudy Garza Priscilla Leal David Loeb PASSED AND APPROVE , this the (9` n-day f 1 r lQ �Cx'2014. A ..Si ' Rebecca Huerta City Secretary Chad Magill Colleen McIntyre Lillian Riojas Mark Scott Nelda Martinez Mayor 030140 a IA INDEXED 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: March 25, 2014 Agenda Item: Ordinance authorizing the City Manager or designee to execute all documents necessary to accept and appropriate $341,846.87 in developer contributions and $1,498.08 in interest earnings for a sum of $343,344.95 in the No. 4720 Community Enrichment Fund for park improvements, and other related projects. Amount Required: $ 343,344.95 Fund Name Account No. Fund No. Org. No. Project No. Amount Community Enrichment Fund 4720 4720 $343,344.95 Total $343,344.95 ❑ Certification Not Required Director ota arlci4l 2014ices Date: MAR 1 4 2014 NP ..P o - • 4-2,-4-3