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HomeMy WebLinkAbout030867 ORD - 05/24/2016 ORDINANCE AUTHORIZING EXECUTION OF A SANITARY SEWER TRUNK LINE, FORCE MAIN AND LIFT STATION CONSTRUCTION AND REIMBURSEMENT AGREEMENT ("AGREEMENT") WITH PETERSON PROPERTIES, LTD., ("DEVELOPER"), FOR THE CONSTRUCTION OF A WASTEWATER TRUNK MAIN, FORCE MAIN AND LIFT STATION AND APPROPRIATING $911,341.24 FROM THE NO. 4220 SANITARY SEWER TRUNK SYSTEM TRUST FUND TO REIMBURSE THE DEVELOPER IN ACCORDANCE WITH THE AGREEMENT. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Manager, or his designee, is authorized to execute a sanitary sewer trunk line, force main and lift station construction and reimbursement agreement ("Agreement") with Peterson Properties, Ltd., including all related appurtenances, for the development of Westpoint Crossing, Block 1 , Lots 1 and 2 Subdivision, in Corpus Christi, Nueces County, Texas. SECTION 2. Funding in the amount of $911 ,341.24 is appropriated from the No. 4220 Sanitary Sewer Trunk System Trust Fund to reimburse the Developer for the construction of the sanitary sewer trunk line, force main and lift station construction improvements in accordance with the Agreement. That the foregoing ordinance was read for the firs ti a and passed to its second reading on this the 1'1 may of (�by the following vote: Nelda Martinez , , ' Brian Rosas L./ Rudy Garza Lucy Rubio _I. gdA Michael Hunter ` �� Mark Scott Chad Magill ! Carolyn Vaughn 1112 g � Colleen McIntyre That the fore oing ordinance was read for the second time and passed finally on this the c�1-h`'day of A♦ , J 1 ( , by the following vote: Nelda Martinez � , Brian Rosas Rudy Garza / Lucy Rubio Michael Hunter Mark Scott Chad Magill ay Carolyn Vaughn Q� Colleen McIntyre 03081; 7 INDEXED PASSED AND APPROVED, this the / t day of � , so' ATTEST: C\-6°6-9) --\(\%'‹ Rebecca Huerta Nelda Martinez City Secretary Mayor 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: Legistar Number: 16-0529 May 24, 2016 Agenda Item: Ordinance authorizing city manager or designee to execute a sanitary sewer trunk line, force main and lift station construction and reimbursement agreement ("Agreement") with Peterson Properties, Ltd., ("Developer"), for the construction of a sanitary sewer trunk line, force main and lift station and appropriating $911,341.24 from the No. 4220 Sanitary Sewer Trunk System Trust Fund to reimburse the Developer in accordance with the Agreement. Amount Required: (Amount to be Certified) $ 911. 341.24 Fund Name Accounting Unit Account No. Activity No. Amount Sanitary Sewer Trunk 4220-21800-777 540450 $911,341.24 System Trust Fund Total $911,341.24 ❑ Certification Not Required Director of Financial Services Date: MAY 1 3 2016 /4 - DS29