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HomeMy WebLinkAbout031385 ORD - 03/20/2018 ORDINANCE APPROPRIATING $249,550 FROM THE UNRESERVED FUND BALANCE OF THE ARENA FACILITY FUND FOR A WI-FI ENHANCEMENT PROJECT AT THE AMERICAN BANK CENTER; AND AMENDING THE OPERATING BUDGET. WHEREAS, the Board of the Corpus Christi Business and Job Development Corporation, at its meeting on February 19, 2018, reviewed a requested project to expend Arena funds on the enhancement of wi-fi at the American Bank Center Arena and passed a motion approving the project. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That funds in the amount of $249,550 are appropriated from the unreserved fund balance in the Arena Facility Fund, Fund No. 1130 and transferring said funds to the Visitor Facility Fund No. 4710 for enhancement of the wi-fi at the American Bank Center Arena. SECTION 2. That the FY2017-18 operating budget adopted by Ordinance No. 031255 is amended by increasing revenues and expenditures by $249,550. SECTION 3. That the City Manager, or designee, is authorized to execute any documents necessary to approve and complete the wi-fi enhancement project at the American Bank Center Arena. ATTEST: CITY OF CORPUS CHRISTI Re ecca Huerta Joe M Comb City Secretary Mayo C day of HIA CA` , 2018. 031385 INDEXED That the foregoing ordinance wastfeadfor the first time and passed to its second reading on this the ' \--11/day of by c(_w'L)2018, by the following vote: Joe McComb af Ben Molina ti. 1 A , Rudy Garza Lucy Rubio I / OA i Paulette Guajardo ( �U Greg Smith � / 1 \ Carolyn Vaughn Michael Hunter i! I Debbie Lindsey-Opel -------4— That the foregoing ordinance was read for the second time and passed finally on this the M ''clay of 4Y Com; , 2018, by the following vote: Joe McComb CIL Ben Molina _AL4._L__ Rudy Garza Lucy Rubio _____4L_ Paulette Guajardo Greg Smith ___aji-2_ Michael Hunter ____4_ C-aroighn Debbie Lindsey-Opel —1* . RPASSED AND APPROVED on this the ' ?)71COY c day of , 2018. ATTEST: 4,1.(2.,,e.. )-1-,,,.,,i, r„, • Re ecca Huerta Joe Mc omb City Secretary ayor 031385 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 20, 2018 Legistar Number: 18-0182 Agenda Item: Ordinance appropriating $249,550 from the unreserved fund balance of the Arena Facility Fund for a wi-fi enhancement project at the American Bank Center; and amending the FY18 operating budget. Amount Required: (Amount to be Certified) $ 249,500 Fund Name Accounting Unit Account No. Activity No. Amount Arena Facility Fund 1130 1130 251850 N/A $249,500 Total $249,500 ❑ Certification Not Required Director of Financial Services Date: FEB 2 6 2018