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HomeMy WebLinkAbout032135 ORD - 06/16/2020 1 One-Reading Ordinance approving an agreement between the City of Corpus Christi and the Corpus Christi Business and Job Development Corporation in an amount up to $500,000 for Type A funding of arterial and collector streets within the City; approving a Chapter 380 agreement with the United Corpus Christi Chamber of Commerce in an amount up to $500,000 to administer a utility assistance program for small businesses in Corpus Christi impacted by the COVID-19 pandemic; appropriating an amount up to $500,000 from the unreserved fund balance of the Business and Job Development Fund for use on the arterial and collector street improvements; amending the operating and capital budget WHEREAS, on November 5, 2002, residents of the City of Corpus Christi ("City") passed Proposition 2, New and Expanded Business Enterprises, which authorized the adoption of a sales and use tax for the promotion and development of new and expanded businesses enterprises within the City at a rate of one-eighth of a percent for 15 years; WHEREAS, the 1/8th cent sales tax authorized by passage of Proposition 2 was subsequently enacted by the City Council and filed with the State Comptroller of Texas, effective April 1, 2003, to be administered by the Corpus Christi Business and Job Development Corporation Board ("Type A Board"); WHEREAS, the Type A Board has determined that it is in the best interest of the citizens of Corpus Christi, Texas that economic development funds be used to fund repairs to specified arterial and collector streets through the City's Street Preventative Maintenance Program and to support the City's creation of a utility assistance program to assist local commercial businesses during the COVID-19 pandemic; WHEREAS, the following arterial and/or collector streets in the City are in need of repair: Cooper's Alley from Tancahua to Shoreline Blvd and Staples Street from South Padre Island Drive to Gollihar Road and said streets are necessary for the promotion and development of new and expanded business enterprises within the City (the "Project"); WHEREAS, the Project is consistent with the purposes for which the Business and Job Development Fund was created and approved by the voters of the City, in that the use of the funds allows for the promotion or development of new and expanded business enterprises, the development of programs and facilities that assist small companies that can produce jobs of the future, and assistance to businesses for the creation of meaningful, wealth-producing jobs within the City; WHEREAS, the City will also create a utility assistance fund in accordance with Article Ill, Section 52-a of the Texas Constitution and Chapter 380 of the Texas Local Government Code ("Chapter 380") for qualifying commercial businesses in the city to apply for a one-time grant in the amount of$500 to be applied toward the business' utility account with the City during the COVID-19 pandemic; WHEREAS, the United Corpus Christi Chamber of Commerce ("Chamber") has 0 321 -35 SCANNED 2 agreed to enter into a Chapter 380 Agreement with the City to administer the $500,000 utility assistance program for qualifying commercial businesses in the City during the COVID-19 pandemic for a 5% administrative fee which will be paid by the City from the $500,000 utility assistance program fund; WHEREAS, the City recognizes the positive economic impact that the proposed Chapter 380 agreement and utility assistance program will have on the City through retention of jobs, support of local businesses, stimulation of business and commercial activity in the City during the Covid-19 pandemic and recovery. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Council specifically finds that the foregoing statements included in the preamble of this ordinance are true and correct and adopts such findings for all intents and purposes related to the authorization of this project. SECTION 2. That the project, as approved by the Type A Board on June 8, 2020, to expend $500,000 for Street Preventative Maintenance Program repairs to specified arterial and collector streets within the City is approved. SECTION 3. That $500,000 from the unreserved fund balance in the Fund No. 1140 Business/Job Development Fund is appropriated for the repairs to specified arterial and collector streets within the City. SECTION 4. That Ordinance No. 031870, which adopted the FY 2019-2020 Operating and Capital Budget, is amended to increase proposed expenditures in the No. 1140 Business/Job Development Fund by $500,000 for the repairs to specified arterial and collector streets within the City and transferring these funds to the 1041 Street Fund, to decrease the expenditures in the No. 1020 General Fund for the transfer to the Street Maintenance by $500,000, and to increase the expenditures in the No. 1020 General Fund by $500,000 for the Chapter 380 agreement with the Chamber. SECTION 5. That the City Manager or designee is authorized to execute an agreement with the Corpus Christi Business and Job Development Corporation in an amount not to exceed $500,000 for Street Preventative Maintenance Program repairs to specified arterial and collector streets within the City and for the creation of a utility assistance program for qualifying commercial businesses in the City to support local businesses during the COVID-19 pandemic. SECTION 6. That the City Manager or designee is authorized to execute a Chapter 380 agreement with the Chamber in an amount not to exceed $500,000 to administer a utility assistance program for qualifying commercial businesses in the City during the COVID- 19 pandemic. SECTION 7. That upon written request of the Mayor or five Council members, copy attached, the City Council (1) finds and declares an emergency due to the need for 3 immediate action necessary for the efficient and effective administration of City affairs and (2) suspends the Charter rule that requires consideration of and voting upon ordinances at two regular meetings so that this ordinance is passed and takes effect upon first reading as an emergency measure on this the 16th day of Junel, 2020. This ordinance takes effect upon City Council approval on this the 10day of �uNZ , 2020. ATTEST: CITY OF CORPUS CHRISTI . e-he,e/e,71\1-t(1 -1 Reb cca Huerta Jo M Comb City Secretary M or J t V-) day of )Vq\31,- , 2020 Corpus Christi, Texas PASSED AND APPROVED on this the i day of TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance, an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances at two regular meetings: I/we, therefore, request that you suspend said Charter rule and pass this ordinance finally on the date it is introduced or at the present meeting of the City Council. Respectfully, Respectfully, Joel!? Comb Ma Council Members 4 The above ordinance was passed by the following vote: Joe McComb Roland Barrera ' Rudy Garza L . Paulette M. Guajardo ��. . Gil Hernandez Michael Hunter i.. ! Ben Molina V! 0/4 Everett Roy Greg Smith IV 032135 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: June 16, 2020 Legistar Item No. 20-0721 Agenda Item: One reading ordinance approving an agreement between the City of Corpus Christi and the Corpus Christi Business and Job Development Corporation in an amount not to exceed $500.000 for Type A funding of arterial and collector streets within the City; approving a Chapter 380 agreement in an amount not to exceed $500,000 with the United Chamber of Commerce, for small businesses; appropriating $500,000 from the unreserved fund balance of the Business and Job Development Fund for use on the arterial and collector street improvements; amending the operating and capital budget. Amount Required: $ 500,000 Fund Name Accounting Unit Account No. Activity No. Amount Business and Job 1140 260800 $500,000 Development General Fund 1020-15100-707 540118 $500,000 Total I !Certification Not Required Director of Financial11Services Date: t i (J(/