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HomeMy WebLinkAbout030459 ORD - 03/31/2015 Ordinance appropriating $1,000,000 from the unreserved fund balance in the No. 1020 General Fund; transferring to and appropriating in the No. 1042 Street Fund for the residential and local street program; amending the FY2014-2015 Operating Budget adopted by Ordinance No. 030294 to increase appropriations by $1,000,000 in the No. 1020 General Fund and $1,000,000 in the No. 1042 Street Fund and to increase revenue by $1,000,000 in the No. 1042 Street Fund. Be it ordained by the City Council of the City of Corpus Christi, Texas: SECTION 1. The City Council finds that a grave public necessity exists, that amend- ment of the FY2014-2015 Operating Budget is both necessary and prudent to meet an unusual and unforeseen condition that could not have been included in the fiscal budget, and authorizes funds in the amount of$1,000,000 be appropriated as an emergency expenditure from the unreserved fund balance in the No. 1020 General Fund and transferred to and appropriated in the No. 1042 Street Fund for the residential and local street program. SECTION 2. The FY2014-2015 Operating Budget, adopted by Ordinance No. 030294, is amended in accordance with this ordinance and the provisions of the Texas Local Government Code by increasing appropriations by$1,000,000 in the No. 1020 General Fund and $1,000,000 in the No. 1042 Street Fund and increasing revenue by $1,000,000 in the No. 1042 Street Fund. The fore of ordinance was read for the first time and passed to its second reading on this the "Nay of Lien CLY C , 20 15 , by the following vote: Nelda Martinez a ,! Brian Rosas Rudy Garza S 4 Lucy Rubio 4 Chad Magill .AL Mark Scott ��, ' I 61,i n Colleen McIntyre Carolyn,�� Vaughn Lillian Riojas `.�! The foreg. ing.ordinance was read for the second time and passed finally on this the ')1 qday of l();,Iry , 20 I'D , by the following vote: Nelda Martinez ! Brian Rosas , Rudy Garza t , ! Lucy Rubio t ,�. Chad Magill $ Mark Scott Colleen McIntyre ,! Carolyn Vaughn it 4� Lillian Riojas / .1f 4 030459 INDEXED PASSED AND APPROVED this the 3 I day of IT cucciki , 20 tS ATTEST: C Rebecca Huerta Nelda i z City Secretary Mayor 030459 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 24, 2015 March 31, 2015 Agenda Item: Residential/Local Street Capital Fund for Residential/Local Street Reconstruction Ordinance appropriating $1,000,000 FROM the Unreserved Fund Balance in the No. 1020 General Fund; tranferring to and appropriating in the No. 1042 Street Fund for the residential and local street program; changing the FY 2014-2015 Operating Budget ADOPTED BY ORDINANCE NO. 030294 to increase appropriations by $1,000,000 in the No. 1020 General Fund and$1,000,000 in the No. 1042 Street Fund and to increase revenue by$1,000,000 in the No. 1042 Street Fund. Amount Required: $1.000.000, Fund Name Accounting Unit Account Activity No. Amount No. General Fund 1020-00000 251850 1,000,000.00 Total 1,000,000.00 ❑Certification Not Required nn 0 c.d.-L.7 Director of Financial Services Date: MAR 2 0 2015 is- 0 z25