HomeMy WebLinkAbout030591 ORD - 08/25/2015 Ordinance amending the FY 2015 Capital Improvement Budget
adopted by Ordinance No. 030303 by appropriating $420,000 in
Developer contributions from TBD-Q Packery Pointe, LP (Developer),
increasing expenditures by $420,000 in the FY 2015 Capital
Improvement Budget, and authorizing the City Manager, or designee,
to execute a Traffic Signal Improvement Agreement between the City
of Corpus Christi and Developer for the Park Road 22 and Aquarius
Drive intersection and roadway improvements.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. The FY 2015 Capital Improvement Budget adopted by Ordinance No.
030303 is amended to add Developer contribution in the amount of $420,000 to Street
Capital Improvement Fund 3530 for the Park Road 22 and Aquarius Drive Intersection
and Roadway Improvements.
SECTION 2. Expenditures in the amount of $420,000 are increased in the FY 2015
Capital Improvement Budget adopted by Ordinance No 030303 in the Street CIP Fund
3530.
SECTION 3. The City Manager or designee is authorized to execute a Traffic Signal
Improvements Agreement with the Developer to share in costs for the intersection and
roadway improvements at Park Road 22 and Aquarius Drive intersection.
030591
INDEXED
That the fore o' •-ordinanwas re-d for the first time and passed to its second reading
on this the l ay of g . . €t 4 ' , 2015, by the following vote:
1
Nelda Martinez t A! , Brian Rosas
Rudy Garza /, Lucy Rubio I ./!
i, -
Chad Magill Q kix , Mark Scott I /4%(I
Colleen McIntyre VA! Carolyn Vaughn
Lillian Riojas /4 1
That the ooregoing o dinance was read for the second time and passed finally on this the
2j y of , 2015, by the following vote:
Nelda Martinez I. , ! Brian Rosas
Rudy Garza Lucy Rubio
Chad Magill . / 1 Mark Scott (ted'-'
Colleen McIntyre CA ' Carolyn Vaughn ,(
_(+Lillian Riojas
PASSED AND APPROVED, this the G'5 day of , 015.
ATTEST:
T-20: , 4,Li2yte,‘ C‘. ..... /....
Rebecca Huerta Nelda Martinez
City Secretary Mayor
030591
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: August 25, 2015
Agenda Item: Ordinance amending the FY 2015 Capital Improvement Budget adopted by Ordinance
No. 030303 by appropriating $420,000 in Developer contributions from TBD-Q Packery Pointe, LP
(Developer), increasing expenditures by $420,000 in the FY 2015 Capital Improvement Budget, and
authorizing the City Manager, or designee, to execute a Traffic Signal Improvement Agreement
between the City of Corpus Christi and Developer for the Park Road 22 and Aquarius Drive intersection
and roadway improvements.
Amount Required: $420,000.00
Fund Name Accounting Account Activity No. Amount
Unit No.
Street CIP Fund 3530-051 550950 E15155013530EXP $420,000.00
Total $420,000.00
❑ Certification Not Required
10 22—
Director of Financial Services
Date: AUG 17 2015