HomeMy WebLinkAbout031441 ORD - 05/22/2018 ORDINANCE APPROPRIATING $200,000 CAPITAL CONTRIBUTION
FROM SMG INTO THE VISITOR FACILITY FUND TO FUND
CONVENTION CENTER CONTENT DEVELOPMENT; AND AMENDING
THE FY18 OPERATING BUDGET.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That $200,000 is received from SMG, under its contractual obligations to
contribute capital to the American Bank Center, and is appropriated into the Visitor Facility
Fund No. 4710 to fund convention center content development.
SECTION 2. That the FY2017-18 operating budget adopted by Ordinance No. 031255 is
amended by increasing revenues and expenditures by $200,000.
SECTION 3. That the City Manager, or designee, is authorized to sign any documents
necessary to approve the use of the funds for convention center content development.
ATTEST: CITY OF CORPUS CHRISTI
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/-
Rebecca
Rebecca Huerta J'e McComb
City Secretary a or
A
c'`��%ti day of Li t. , 2018.
031 441
Thath _ifQregoing ordinance was read for the first time and passed to its second reading on this
the kl day of f k , 2018, by the following vote:
I
Joe McComb /L A! Ben Molina --(ifv—
Rudy Garza i .' ° Everett Roy t_ ii
Paulette Guajardo I :' I Lucy Rubio / ,
_ 1
Michael Hunter ili,' Greg Smith
‘i / _1124L,_
Debbie Lindsey-Opel 5
That tWoregoing ordinance was read for the second time and passed finally on this the
day of --I1-0,-t, , 2018, by the following vote:
Joe McComb 1._ ! Ben Molina
Rudy Garza I Everett Roy /v�
Paulette Guajardo I ..� Lucy Rubio S 1 'I
Michael Hunter S ' Greg Smith
Debbie Lindsey-Opel 6_..J
h ,) !a
PASSED AND APPROVED, this the [i v day of vY i'l , 2018.
ATTEST:
ELML_____ Ail
Reb cca Huerta Jo'. cComb
City Secretary M.:p r
031441
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: May 22, 2018 Legistar Number: 18-0534
Agenda Item:
Ordinance appropriating $200,000 capital contribution from SMG into the Visitor Facility Fund
to Fund Convention Center content development; and amending the FY18 operating budget.
Amount Required: (Amount to be Certified) $ 200,000
Fund Name Accounting Unit Account No. Activity No. Amount
Visitor Facility Fund 4710 340200 N/A $200,000
Total $200,000
❑ Certification Not Required (� n
Director of Financial Services
Date: MAY 1 4 2018