HomeMy WebLinkAbout031436 RES - 05/22/2018 Resolution authorizing execution of Developer Participation
Agreement with MPM Development, LP in an amount not to
exceed $60,444.45 for bridge removal and replacement for
Starlight Estates Unit 1
WHEREAS, the Owner owns certain real property located in Corpus Christi, Nueces
County, Texas, being a 15.454 acre tract of land, more or less, a portion of Lots 24, 25 and 26
Section 25, Flour Bluff and Encinal Farm and Garden Tracts (the "Property"), and the Owner
desires to develop and plat the Property to be known as Starlight Estates Unit 1 ("Plat");
WHEREAS, as a condition of the Plat, the Owner is required to remove and replace an
existing bridge at the intersection of Yorktown Boulevard and Starry Road;
WHEREAS, removal and replacement of the existing bridge increases capacity and
public safety;
WHEREAS, Texas Local Government Code §212.072 authorizes a municipality to
participate up to 100 percent of the total cost for any oversizing of improvements required by the
municipality, including but not limited to increased capacity of improvements to anticipate other
future development in the area;
WHEREAS, the City has determined the agreement will carry out the
purpose of the Unified Development Code; and
WHEREAS, it is in the best interests of the City to have the public infrastructure installed
by the Developer/Owner in conjunction with the Owner's final Plat.
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 a
Developer Participation Agreement ("Agreement"), on file with the City
Secretary's office, with MPM Development, LP, ("Developer") for the City's
portion of the removal and replacement of an existing bridge at the intersection of
Yorktown Boulevard and Starry Road for development of Starlight Unit 1
Subdivision, Corpus Christi, Nueces County, Texas.
ATTEST: THE CITY OF CORPUS CHRISTI
4. • �
Aihma fes 14'1
Re•ecca Huerta Joe cComb
City Secretary Mayor
031436
INDEXED
Corpus Chri?ti, Texas
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The above resolution was passed by the following vote:
Joe McComb 0n(,(,
Rudy Garza (,(.g
Paulette Guajardo 1,
Michael Hunter C-
Debbie Lindsey-Opel t_r 4
Ben Molina `, I
Everett Roy / (,
Lucy Rubio C
Greg Smith (uei'lik
v31436
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: / oS 37
May 15,2017
Zl,'
Agenda Item:
Resolution authorizing execution of Developer Participation Agreement with MPM
Development, LP in an amount not to exceed $60,444.45 for bridge removal and replacement
for Starlight Estates Unit 1.
Amount Required: (Amount to be Certified) $ 60,444.45
Fund Name Accounting Unit Account No. Activity No. Amount
Bond 2012 3701-052 550910 D1802013701 EXP $60,444.45
Total $60,444.45
❑ Certification Not Required
Director of Financial Services
Date: MAY 2 1 2018