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Home My WebLink About032005 ORD - 01/28/2020 Ordinance to appropriate (a) $148,509.14 interest earnings from Airport CIP Funds for City's match for future FAA Grant Projects; (b) $3,119,110.54 interest earnings from Bond Proceeds for Public Health and Safety, Public Facilities, Parks and Recreation, and Street bond projects; (c) $3,553,010.17 interest earnings from Utility Revenue Bond Funds for Utility projects (d) $359,757.13 interest earnings from Specialty Bond Funds including Texas Military Preparedness Commission, Public Property Finance Contractual Obligations, Seawall, Type B Streets and Packery Channel for approved specialty projects; and (e) $955,002.37 in other unappropriated funds including street assessments, street closure fees and Federal Government reimbursements for Streets and Utilities projects; changing the FY 2020 Capital Improvement Budget adopted by Ordinance No. 031870 to increase expenditures accordingly. NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI: Section 1. An amount of $148,509.14 in Airport Capital Improvement Plan (CIP) interest earnings is appropriated in the funds as listed in Attachment 1, Section 1 for the City's match for future FAA Grant Projects. Section 2. An amount of $3,119,110.54 in Bond Proceed interest earnings for Bayfront, Public Facilities, Fire, Police, Public Health and Safety, Sanitary Landfill, Library, Convention Center, Parks, and Streets is appropriated in the funds as listed in Attachment 1, Section 2 for the stated bond projects not yet complete, similar projects to be approved by City Council and/or the payment of debt service. Section 3. An amount of $3,553,010.17 in Utility Revenue Bond interest earnings and FEMA reimbursements is appropriated in the funds as listed in Attachment 1, Section 3 for the support of the City's approved Capital Improvement Program. Section 4.An amount of$359,757.13 in Specialty Bond Proceed interest earnings, Sales Tax Bonds for the Seawall and Arena, Packery Channel Bonds, Energy Efficiency Bonds, and Texas Military Loan proceeds is appropriated in the funds as listed in Attachment 1, Section 4 for the support of the City's approved Capital Improvement Program, specific military supported projects and/or as determined by the Type NB, TIF2 Boards. Section 5. An amount of $955,002.37 in other unappropriated funds for street assessments/closures, interest earnings and Federal Government Contribution is appropriated in the funds as listed in Attachment 1, Section 5 for the repair of city streets and other street expenses as well as reimbursement of Utility projects expenses. Section 6. The FY 2020 Capital Improvement Budget adopted by Ordinance No. 031870 is changed to increase expenditures by $8,135,389.35. 032005 SCANNED , That the foregoing ordinance was read for the first time and passed to its second reading on this the ,;2)) day of c�a , 2020, by the following vote: Joe McComb ABen Molina AJC Rudy Garza -( Everett Roy AQ-- Paulette Guajardo 4 Roland Barrera Michael Hunter 47)k._ Greg Smith , Gil Hernandez .?._ That the foregoing ordinance was read for the second time and passed finally on this the , -" day of Ta r.✓a ri , 2020, by the following vote: Joe McComb ..e--- Ben Molina _24e..__ Rudy Garza Everett Roy Ai Paulette Guajardo 47 Roland Barrera " - Michael Hunter / -7<z___ Greg Smith /4, --- Gil Q jGil Hernandez r'4 - PASSED -PASSED AND APPROVED on this the 6� day of ,Tat&kiQ r , 2020. ATTE T 1 b. L THE CITY OF CORPUS CHRISTI rt-teLSW Re ecca Huerta Joe omb City Secretary May. 032005 Unappropriated Revenue From Capital Improvement Funds From 07/01/2018 to 09/30/2019 Attachment 1 SECTION 1 : AIRPORT Fund # Fund Name Amount 3018 Airport CIP Fund (Capital Reserves) 13,485.40 3019 Airport CIP Fund (Other) 3,734.06 3024 Airport 2000A CIP Fund (Rev) 2,282.94 3025 Airport 2000B Rev/2012 GO 249.57 3026 Airport 2012 CO CIP Fd 22,542.65 4621 AIRPORT PFC (2) FUND (4621) 72,997.82 4631 Airport CFC 2010 CO CIP fund 702.80 4632 Airport CFC Fund 32,513.90 AIRPORT TOTAL 148,509.14 SECTION 2 : BOND PROCEEDS Fund # Fund Name Amount 3126 Bayfront Dev 09 GO CIP (Bnd08) 18,235.74 3160 City Facilities CIP Fund 1,122.05 3162 Public Fclty 2013 GO Bd 2012 22,346.90 3164 FACMaint CIP 2015 CO 7,331.48 3165 FACMaint CIP 2018 CO 53,177.68 3191 Fire Impry 09 GO CIP Fd(Bnd08) 763.62 3340 Police CIP 43.03 3342 Police 2013 GO (Bond 2012) 2,816.66 3365 Sanitary Landfill 2008 CIP(CO) 254.63 3366 Public H&S 2013 GO CIP Bd 2012 1,029.07 3367 Landfill 2015 COS 50,713.61 3368 Landfill 2017 COS 17,406.86 3369 Landfill 2018 Tax CO 76,278.24 PUBLIC HSPS TOTAL 251,519.57 3226 Library 09 GO CIP Fd (Bond 08) 2,150.18 3182 Convention Center 2010 CIP Fund (CO) 736.32 3280 Park CIP 1,245.07 3291 Park&Rec 09 GO CIP Fd (Bond08) 870.91 3292 Parks & Rec 2010 GO (Bond 08) 283.38 3293 Parks & Rec 2013 GO (Bd 2012) 76,249.08 3294 Park and Rec 2015 GO (Bd 2014) 119,230.98 PARK TOTAL 197,879.42 3530 Street CIP Fund 42,999.53 3541 Street 2005 CIP Fund (GO) 42,079.08 3545 Street 08 TN CIP Fund (NT) 2,749.54 3546 Street 09 GO CIP Fd (Bond 08) 55,615.43 Fund # Fund Name Amount 3548 Street 2012 GO CIP Fd Bond 08 191,998.94 3549 Street 2013 GO CIP (Bd 2012) 136,236.25 3550 Streets 2013 TN (Bd 2014 Dsgn) 9,655.72 3551 Streets 2015 GO BD 14 1,134,161.93 3552 Street 2016 CO BD 12 346,378.50 3553 Street 2018 CO BD14 252,677.60 3554 Streets 2018 GO BD16 338,999.71 3555 Streets 2018A CO - Harbor Bridge 25,852.58 3701 Developer Participation Bd2012 20,943.09 3702 Developer Participation Bd2016 66,477.15 STREET TOTAL 2,666,825.05 BONDS TOTAL 3,119,110.54 SECTION 3 : REVENUE BONDS Fund # Fund Name Amount 3480 Storm Water CIP Fund 43.49 3494 Storm Water 2012A CIP Fd RvBd 6,483.27 3495 Storm Water 2012B CIP Rev Bds 55,699.64 3496 Storm Water 2012A CIP (Bd 2012 17,171.82 3497 Storm Water 2013 CIP (Rev Bds) 278,093.39 3498 Storm Water 2013 CIP (Bd 2012) 61,666.57 4530 STWCP PL Storm Wtr 2015 CIP 124,430.14 4531 STWCP PL Storm Wtr 2015 CIP (Bd Sprt) 156,963.58 4540 Storm Water Capital Reserves 185,196.56 STORM WATER TOTAL 885,748.46 3600 Gas CIP Fund 22.00 4551 Gas 09 CIP Fund-(rev bd-08G0) 3,427.83 4557 Gas 2013 CIP (Rev Bds) 3,883.06 4558 Gas 2013 CIP (bd 2012) 3,281.68 4559 Gas cp pl gas 2015 cip 41,260.23 4560 Gas Cap Resv 16,617.75 4561 Gas cp pl gas 2015 cip (Bd Sprt) 19,018.84 GAS TOTAL 87,511.39 4080 Water CIP Fund 60,790.82 4089 Water 2012A CIP Fd (RvBd) 5,295.70 4091 Water 2012B CIP Fund (Rev Bds) 7,350.90 4092 Water 2012A CIP (Bd 2012) 6,342.78 4093 Water 2013 CIP (Rev Bds) 23,413.21 4094 Water 2013 CIP (Bd 2012) 6,980.45 4095 Water 2014 CIP MRP 2 458,423.80 4096 WTRCP PL Water 2015 CIP 83,102.53 4097 WTRCP PL Water 2015 CIP (bd sprt) 19,227.28 4479 Water 2010B REV Txbl BAB 5,991.43 4480 Water capital reserves 54,531.98 4481 Raw Water Supply Development Charge CIP 39,570.16 4482 Swift Bonds 2017 CIP 72,503.76 WATER TOTAL 843,524.80 Fund # Fund Name Amount 3430 Wastewater CIP Fund 680.56 4248 Wastewater 2012A CIP Fd (RvBd) 21,634.61 4249 Wastewater 2012B CIP (Rev Bds) 114,682.07 4251 Wastewater 2012A CIP (Bd 2012) 3,712.00 4252 Wastewater 2013 CIP (Bd 2012) 261,399.60 4253 Wastewater 2013 CIP (Rev Bds) 11,704.46 4254 WWWCP PL Wastewater 2015 CIP 302,363.59 4255 WWWCP Wastewater 2015 CIP 45,905.19 4256 Wastewater 2017 CIP 123.89 4510 Wastewater Capital Reserves 974,019.55 WASTEWATER TOTAL 1,736,225.52 REVENUE BONDS TOTAL 3,553,010.17 SECTION 4 : SPECIALTY BONDS & OTHER CIP Fund # Fund Name Amount 3542 Street 2007A-1 CIP (TMPC GO) 5,753.72 3543 Street 2007A-1 CIP (TMPC CO) 72,158.30 TMPC TOTAL 77,912.02 3271 Seawall System CIP Fund 182,817.69 3272 Seawall Maintenance Reserve Fd 5,793.00 3250 Street B Corp CIP 50,741.65 SALES TAX BOND TOTAL 239,352.34 3163 Energy Effcny CIP 2014 PPFCO 13,809.45 13,809.45 3278 Packery Channel Projects TIF#2 28,683.32 SPECIALTY BONDS & OTHER CIP TOTAL 359,757.13 SECTION 5 : OTHER UNAPPROPRIATED FUNDS Fund # Fund Name Amount 3530 Street CIP: Street Assessments 127,469.90 3530 Street CIP: Street Closures 294,733.00 3530 Street CIP: Interest other then investments 22.25 4080 Water CIP: Contribution from Federal Government 532,777.22 OTHER UNAPPROPRIATED FUNDS 955,002.37 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: January 28, 2020 Legistar: 19-1542 Agenda Item: Ordinance to appropriate (a) $148,509.14 interest earnings from Airport CIP Funds for City's match for future FAA Grant Projects; (b) $3,119,110.54 interest earnings from Bond Proceeds for Public Health and Safety, Public Facilities, Parks and Recreation, and Street bond projects; (c) $3,553,010.17 interest earnings from Utility Revenue Bond Funds for Utility projects (d) $359,757.13 interest earnings from Specialty Bond Funds including Texas Military Preparedness Commission, Public Property Finance Contractual Obligations, Seawall, Type B Streets and Packery Channel for approved specialty projects; and (e) $955,002.37 in other unappropriated funds including street assessments, street closure fees and Federal Government reimbursements for Streets and Utilities projects; changing the FY 2020 Capital Improvement Budget adopted by Ordinance No. 031870 to increase expenditures accordingly. Amount Required: $148,509.14 Fund Name Account Fund Org. Project No. Amount No. No. No. Airport CIP (Capital Res) 340900 3018 13,485.40 Airport CIP (Other) 340900 3019 3,734.06 Airport 2000A CIP (Rev Bond) 340900 3024 2,282.94 Airport 2000B (Rev Bd) 340900 3025 249.57 Airport 2012 CO CIP 340900 3026 22,542.65 Airport PFC (2) Fund 340900 4621 72,997.82 Airport CFC 2010 CO 340900 4631 702.80 Airport CFC Fund 340900 4632 32,513.90 Total 148,509.14 Agenda Item: Ordinance to appropriate (a) $148,509.14 interest earnings from Airport CIP Funds for City's match for future FAA Grant Projects; (b) $3,119,110.54 interest earnings from Bond Proceeds for Public Health and Safety, Public Facilities, Parks and Recreation, and Street bond projects; (c) $3,553,010.17 interest earnings from Utility Revenue Bond Funds for Utility projects (d) $359,757.13 interest earnings from Specialty Bond Funds including Texas Military Preparedness Commission, Public Property Finance Contractual Obligations, Seawall, Type B Streets and Packery Channel for approved specialty projects; and (e) $955,002.37 in other unappropriated funds including street assessments, street closure fees and Federal Government reimbursements for Streets and Utilities projects; changing the FY 2020 Capital Improvement Budget adopted by Ordinance No. 031870 to increase expenditures accordingly. Amount Required: $3,119,110.54 Fund Name Account Fund Org. Project Amount No. No. No. No. Bayfront Dev 09 GO CIP (Bnd08) 340900 3126 18,235.74 City Facilities CIP Fund 340900 3160 1,122.05 Public Fclty 2013 GO Bd 2012 340900 3162 22,346.90 FACMaint CIP 2015 CO 340900 3164 7,331.48 FACMaint CIP 2018 CO 340900 3165 53,177.68 Fire Impry 09 GO CIP Fd(Bnd08) 340900 3191 763.62 Police CIP 340900 3340 43.03 Police 2013 GO (Bond 2012) 340900 3342 2,816.66 Sanitary Landfill 2008 CIP(CO) 340900 3365 254.63 Public H&S 2013 GO CIP Bd 2012 340900 3366 1,029.07 Landfill 2015 COS 340900 3367 50,713.61 Landfill 2017 COS 340900 3368 17,406.86 Landfill 2018 Tax CO 340900 3369 76,278.24 Library 09 GO CIP Fd (Bond 08) 340900 3226 2,150.18 Convention Center 2010 CIP Fund (CO) 340900 3182 736.32 Park CIP 340900 3280 1,245.07 Park&Rec 09 GO CIP Fd (Bond08) 340900 3291 870.91 Parks & Rec 2010 GO (Bond 08) 340900 3292 283.38 Parks & Rec 2013 GO (Bd 2012) 340900 3293 76,249.08 Park and Rec 2015 GO (Bd 2014) 340900 3294 119,230.98 Street CIP Fund 340900 3530 42,999.53 Street 2005 CIP Fund (GO) 340900 3541 42,079.08 Street 08 TN CIP Fund (NT) 340900 3545 2,749.54 Street 09 GO CIP Fd (Bond 08) 340900 3546 55,615.43 Street 2012 GO CIP Fd Bond 08 340900 3548 191,998.94 Street 2013 GO CIP (Bd 2012) 340900 3549 136,236.25 Streets 2013 TN (Bd 2014 Dsgn) 340900 3550 9,655.72 Streets 2015 GO BD 14 340900 3551 1,134,161.93 Street 2016 CO BD 12 340900 3552 346,378.50 Street 2018 CO BD14 340900 3553 252,677.60 Streets 2018 GO BD16 340900 3554 338,999.71 Streets 2018A CO - Harbor Bridge 340900 3555 25,852.58 Developer Participation Bd2012 340900 3701 20,943.09 Developer Participation Bd2016 340900 3702 66,477.15 Total $3,119,110.54 Agenda Item: Ordinance to appropriate (a) $148,509.14 interest earnings from Airport CIP Funds for City's match for future FAA Grant Projects; (b) $3,119,110.54 interest earnings from Bond Proceeds for Public Health and Safety, Public Facilities, Parks and Recreation, and Street bond projects; (c) $3,553,010.17 interest earnings from Utility Revenue Bond Funds for Utility projects (d) $359,757.13 interest earnings from Specialty Bond Funds including Texas Military Preparedness Commission, Public Property Finance Contractual Obligations, Seawall, Type B Streets and Packery Channel for approved specialty projects; and (e) $955,002.37 in other unappropriated funds including street assessments, street closure fees and Federal Government reimbursements for Streets and Utilities projects; changing the FY 2020 Capital Improvement Budget adopted by Ordinance No. 031870 to increase expenditures accordingly. Amount Required: $3,553,010.17 Fund Name Account Fund Org. Project Amount No. No. No. No. Storm Water CIP Fund 340900 3480 43.49 Storm Water 2012A CIP Fd RvBd 340900 3494 6,483.27 Storm Water 2012B CIP Rev Bds 340900 3495 55,699.64 Storm Water 2012A CIP (Bd 2012 340900 3496 17,171.82 Storm Water 2013 CIP (Rev Bds) 340900 3497 278,093.39 Storm Water 2013 CIP (Bd 2012) 340900 3498 61,666.57 STWCP PL Storm Wtr 2015 CIP 340900 4530 124,430.14 STWCP PL Storm Wtr 2015 CIP (Bd 340900 4531 156,963.58 Sprt) Storm Water Capital Reserves 340900 4540 185,196.56 Gas CIP Fund 340900 3600 22.00 Gas 09 CIP Fund-(rev bd-08GO) 340900 4551 3,427.83 Gas 2013 CIP (Rev Bds) 340900 4557 3,883.06 Gas 2013 CIP (bd 2012) 340900 4558 3,281.68 Gas cp pl gas 2015 cip 340900 4559 41,260.23 Gas Cap Resv 340900 4560 16,617.75 Gas cp pl gas 2015 cip (Bd Sprt) 340900 4561 19,018.84 Water CIP Fund 340900 4080 60,790.82 Water 2012A CIP Fd (RvBd) 340900 4089 5,295.70 Water 2012B CIP Fund (Rev Bds) 340900 4091 7,350.90 Water 2012A CIP (Bd 2012) 340900 4092 6,342.78 Water 2013 CIP (Rev Bds) 340900 4093 23,413.21 Water 2013 CIP (Bd 2012) 340900 4094 6,980.45 Water 2014 CIP MRP 2 340900 4095 458,423.80 WTRCP PL Water 2015 CIP 340900 4096 83,102.53 WTRCP PL Water 2015 CIP (bd sprt) 340900 4097 19,227.28 Water 2010B REV Txbl BAB 340900 4479 5,991.43 Water capital reserves 340900 4480 54,531.98 Raw Water Supply Development 340900 4481 39,570.16 Charge CIP Swift Bonds 2017 CIP 340900 4482 72,503.76 Wastewater CIP Fund 340900 3430 680.56 Wastewater 2012A CIP Fd (RvBd) 340900 4248 21,634.61 Wastewater 2012B CIP (Rev Bds) 340900 4249 114,682.07 Wastewater 2012A CIP (Bd 2012) 340900 4251 3,712.00 Wastewater 2013 CIP (Bd 2012) 340900 4252 261,399.60 Wastewater 2013 CIP (Rev Bds) 340900 4253 11,704.46 WWWCP PL Wastewater 2015 CIP 340900 4254 302,363.59 WWWCP Wastewater 2015 CIP 340900 4255 45,905.19 Wastewater 2017 CIP 340900 4256 123.89 Wastewater Capital Reserves 340900 4510 974,019.55 Total $3,553,010.17 Agenda Item: Ordinance to appropriate (a) $148,509.14 interest earnings from Airport CIP Funds for City's match for future FAA Grant Projects; (b) $3,119,110.54 interest earnings from Bond Proceeds for Public Health and Safety, Public Facilities, Parks and Recreation, and Street bond projects; (c) $3,553,010.17 interest earnings from Utility Revenue Bond Funds for Utility projects (d) $359,757.13 interest earnings from Specialty Bond Funds including Texas Military Preparedness Commission, Public Property Finance Contractual Obligations, Seawall, Type B Streets and Packery Channel for approved specialty projects; and (e) $955,002.37 in other unappropriated funds including street assessments, street closure fees and Federal Government reimbursements for Streets and Utilities projects; changing the FY 2020 Capital Improvement Budget adopted by Ordinance No. 031870 to increase expenditures accordingly. Amount Required: $359,757.13 Fund Name Account Fund Org. Project Amount No. No. No. No. Street 2007A-1 CIP (TMPC GO) 340900 3542 5,753.72 Street 2007A-1 CIP (TMPC CO) 340900 3543 72,158.30 Seawall System CIP Fund 340900 3271 182,817.69 Seawall Maintenance Reserve Fd 340900 3272 5,793.00 Street B Corp CIP 340900 3250 50,741.65 Energy Effcny CIP 2014 PPFCO 340900 3163 13,809.45 Packery Channel Projects TIF#2 340900 3278 28,683.32 Total $359,757.13 Agenda Item: Ordinance to appropriate (a) $148,509.14 interest earnings from Airport CIP Funds for City's match for future FAA Grant Projects; (b) $3,119,110.54 interest earnings from Bond Proceeds for Public Health and Safety, Public Facilities, Parks and Recreation, and Street bond projects; (c) $3,553,010.17 interest earnings from Utility Revenue Bond Funds for Utility projects (d) $359,757.13 interest earnings from Specialty Bond Funds including Texas Military Preparedness Commission, Public Property Finance Contractual Obligations, Seawall, Type B Streets and Packery Channel for approved specialty projects; and (e) $955,002.37 in other unappropriated funds including street assessments, street closure fees and Federal Government reimbursements for Streets and Utilities projects; changing the FY 2020 Capital Improvement Budget adopted by Ordinance No. 031870 to increase expenditures accordingly. Amount Required: $ 955,002.37 Fund Name Account Fund Org. Project Amount No. No. No. No. Street CIP: Street Assessments 340900 3530 127,469.90 Street CIP: Street Closures 340900 3530 294,733.00 Street CIP: Interest other then investments 340900 3530 22.25 Contribution from Federal Government 340900 4080 532,777.22 Total $955,002.37 Certification Not Required Oh/GLO )14jr/ Director of Financial Services ( < 9,S (