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HomeMy WebLinkAbout030954 RES - 09/20/2016 I I Resolution authorizing the City Manager, or designee, to execute an Advance Funding Agreement with the Texas Department of Transportation (TXDOT) for the construction on Holly Road from State Highway (SH) 286 to Greenwood Drive (Bond 2012 Proposition 1) with the City's local participation in the amount of $50,000 for reimbursement of direct state costs. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Manager or designee is authorized to execute an Advance Funding Agreement with the Texas Department of Transportation (TXDOT)for the construction on Holly Road from State Highway (SH) 286 to Greenwood Drive (Bond 2012 Proposition 1) with the City's local participation in the amount of $50,000 for reimbursement of direct state costs. SECTION 2. The City of Corpus Christi supports the funding for the project. SECTION 3. The City of Corpus Christi commits to the project's development, implementation, construction, maintenance, management and financing, subject to any necessary appropriation of funds. SECTION 4. The Resolution shall take effect and be in full force immediately after its adoption by the City Council. ATTEST THE ITY F CORPUS CHRISTI Rebecca Huerta Nelda artinez City Secretary Mayor 1) 30954 INDEXED I Corpus Christi, Texas a' ' , 201V The above resolution was passed by the following vote: Nelda Martinez Rudy Garza Michael Hunter Chad Magill Colleen McIntyre Brian Rosas AA Lucy Rubio Mark Scott61.1171— ! Y Vaughn Carolyn hn I 9 1) 30954 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. Legistar Number: 16-1035 First Reading for the City Council Meeting of September 13, 2016 Second Reading for the City Council Meeting of September 20, 2016 Resolution authorizing the City Manager, or designee, to execute an Advance Funding Agreement with the Texas Department of Transportation (TXDOT) for the construction on Holly Road from State Highway (SH) 286 to Greenwood Drive (Bond 2012 Proposition 1) with the City's local participation in the amount of $50,000 for reimbursement of direct state costs. Amount Required: $50,000 Fund Name Accounting Account Activity No. Amount Unit No. Street 2013 GO BD 2012 3549-051 550910 170371-01-3549-EXP $50,000.00 Total $50,000.00 Certification of Funds Required Director of Financial Services Date: SEP 2 0 2016 C\Users\Alyb\AppData\Roaming\L5\Temp\b007991 e-08f5-4c7a-a8d7-0bfal67bab50 docx