HomeMy WebLinkAbout030245 ORD - 07/29/2014Ordinance
authorizing the City Manager or designee to execute all documents necessary to
accept and appropriate $658,416.54 in developer contributions and $220.93 in
interest earnings for a sum of $658,637.47 in the No. 4720 Community Enrichment
Fund for park improvements, and other related projects.
Whereas, City of Corpus Christi Ordinance 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 residents of the subdivision,
which shall in no case be located more than one and one -half miles from the subdivision, and for
the parkland acquisition and park development including utility extensions required to serve
recreational areas;
Whereas, City Ordinance 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 $658,416.54 in developer contributions and $220.93 in interest earnings,
for a sum of $658,637.47, in the No. 4720 Community Enrichment Fund for park improvements
and other related projects.
030245
INDEXED
That for going • rdi ance was read,, fp�r the first time and passed to its second reading on this
the the y of , 2[)J' 15y the following vote:
Nelda Martinez
Kelley Allen
Rudy Garza
Priscilla Leal
David Loeb
Chad Magill
Colleen McIntyre
Lillian Riojas
Mark Scott
That the foreg ing ordinance was(r9ad for the second time and passed finally on this the
2.0—)
day of , 2-0 1 `1 , by the following vote:
Nelda Martinez
Kelley Allen
Rudy Garza
Priscilla Leal
David Loeb
_CUe.A4-
oJ
Chad Magill
Colleen McIntyre
Lillian Riojas
Mark Scott
PASSED AND APPROVED, this the th day of
ATTEST:
Rebecca Huerta Nelda Martinez
City Secretary Mayor
Jti6aL4-
030245
Org #
City of Corpus Christi
4720 COMMUNITY ENRICHMENT FUND
Includes deposits received through 6/30/14
Description
21460
21300
21371
21357
21502
21507
21511
21313
21387
21674
21336
21675
21677
21322
21658
21456
21461
21460
21440
21418
21620
21676
Developer Fee - interest
Park trust - unrestrict interest
Gateway interest
HEB Park pool & tennis interest
Beautification prom. interest
Ed exchg prg- Sister City int.
Permanent art trust interest
INTEREST
Barcelona
Brighton Village
Buena Vista
Cole Park donation
Don Patricio
George Village
Joslin Tract
Kitty Hawk
Manhattan Estates
Palmetto Park
Park Development Fee
Park Memorials
Purdue Road
Rancho Vista
Vineyards
CONTRIBUTIONS
To be
Appropriated
57.91
148.95
1.26
0.26
1.34
0.10
11.11
220.93
5,978.45
70,625.00
62.55
299.00
1,875.00
22,500.00
105,000.00
376.78
28,062.10
2,500.00
252,200.00
48, 591.66
20,800.00
4,546.00
95,000.00
658,416.54
TOTAL INTEREST & CONTRIBUTIONS 658,637.47
Designated Park Project
Parkview Park
Brockhampton /Oso Creek Park
Parker Park 2012
Oso Bay Wetland Preserve
Oso Bay Wetland Preserve
Oso Bay Wetland Preserve
Raymond Dulak Memorial
Parker Park 2012
Rancho Vista Park / Trail
Oso Bay Wetland Preserve
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 29, 2014
Agenda Item:
Ordinance authorizing the City Manager or designee to execute all documents necessary to accept and
appropriate $658,416.54 in developer contributions and $220.93 in interest eamings for a sum of
$658,637.47 in the No. 4720 Community Enrichment Fund for park improvements, and other related
projects.
Amount Required: $ 658,637.47
Fund Name
Account No.
Fund No.
Org. No.
Project No.
Amount
Community
Enrichment Fund 4720
4720
$ 658,637.47
Total
$658,637.47
❑ Certification Not Required
Director of Financial Services
Date: JUL 18 2014