HomeMy WebLinkAbout031489 ORD - 07/24/2018 ORDINANCE APPROPRIATING $550,000 FROM THE UNRESERVED
FUND BALANCE OF THE HOTEL OCCUPANCY TAX FUND FOR
MODERNIZATION OF ELEVATORS AT THE SELENA AUDITORIUM;
AND AMENDING THE FY18 OPERATING BUDGET.
WHEREAS, the City has previously identified the modernization of elevators at the
Selena Auditorium as a necessary capital project and had intended to include the project
in the FY2018-2019 budget; and
WHEREAS, the condition of the freight elevator at the Selena Auditorium requires this
project to be prioritized.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That funds in the amount of$550,000 are appropriated from the unreserved
fund balance in the Hotel Occupancy Tax Fund No. 1030 and transferring said funds to
the Visitor Facility Fund No. 4710 for modernization of the freight and passenger elevators
at the Selena Auditorium
SECTION 2. That the FY2017-18 operating budget adopted by Ordinance No. 031255 is
amended by increasing revenues and expenditures by $550,000.
SECTION 3. That prior to making any distributions of hotel occupancy tax funds for capital
projects under the FY2018-2019 budget for the American Bank Center, the City shall
subtract $550,000.
ATTEST: CITY OF CORPUS CHRISTI
N •
Rebecca Huerta J.- cComb
City Secretary . or
day of A(y&A.M Aft , 2018.
031489
INDEXED
That the foregoing ordinance was r-ad fo r the first time and passed to its second
reading on this the I I ''`day of I , _ , * , 2018, by the following vote:
Joe McComb Ben Molina II`,
Rudy Garza A AA Everett Roy I ;
I/
Paulette Guajardo Lucy Rubio ��Y
Michael Hunter / 1 OA Greg Smith __4---
Debbie Lindsey-Opel ___O-
That thp, foregoing ordinance was read for the second time and passed finally on this
the `I t day of , 2018, by the following vote:
Joe McComb 1 _ 4! Ben Molina —Alt-
0
Rudy Garza .0—A: Everett Roy I , , r
1 I
Paulette Guajardo i A; Lucy Rubio A.
10 AL,
Michael Hunter v04.° Greg Smith
Debbie Lindsey-Opel 61•-)4Y,Il ,�
PASSED AND APPROVED on this the 2-4day of cy , 2018.
ATTEST:
W2-eUnIt- Wf4e44.6—: .•.,, 144- t/(41-14.4,
Re ecca Huerta Joe cComb
City Secretary M.y.r
() 31489
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: July 24, 2018 Legistar Number: 18-0755
Agenda Item:
Ordinance appropriating $550,000 from the unreserved fund balance of the Hotel Occupancy
Tax Fund for modernization of elevators at the Selena Auditorium; and amending the FY18
operating budget.
Amount Required: (Amount to be Certified) $ 550,000
Fund Name Accounting Unit Account No. Activity No. Amount
Hotel Occupancy Tax Fund 1030 251850 N/A $550,000
Total $550,000
❑ Certification Not Required
Director of Financial Services
Date: IUI 7 2018