HomeMy WebLinkAboutM2020-143 - 08/18/2020 ",,, City of Corpus Christi 1201 Leopard Street
Corpus Christi,TX 78401
cctexas.com
li August 18, 2020
Motion: M2020-143
WO
File Number: 20-0886 Enactment Number: M2020-143
Motion authorizing the purchase of approximately 92.241 acres of farmland located on
State Highway 286 south of and abutting the J.C. Elliott Transfer Station for$3,000,000
funded through reserve balances in the Solid Waste Certificates of Obligation issued in
2008, 2015, 2017, and 2018; and authorizing the City Manager or his designee to
execute all documents necessary for the purchase.
At a meeting of the City Council on 8/18/2020, this Motion was passed.
Aye: 9 Mayor McComb, Council Member Barrera, Council Member Garza, Council
Member Guajardo, Council Member Hernandez, Council Member Hunter,
Council Member Molina, Council Member Roy, and Council Member Smith
Abstained: 0
4CJo omb, Mayor
Attest: r - i
Reb-cca Huerta, City Sec etary
City of Corpus Christi Page 1 Printed on 8/19/20
SCANNED
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 8 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: August 18, 2020 Legistar Number: 20-0886
Agenda Item:
Motion authorizing the purchase of approximately 92.241 acres of farmland located on State
Highway 286 south of and abutting the J.C. Elliott Transfer Station for$3,000,000 funded through
reserve balances in the Solid Waste Certificates of Obligation issued in 2008, 2015, 2017, and
2018; and authorizing the execution all documents necessary for the purchase.
Amount Required: $ 3,000,000
Fund Name Accounting Account No. Activity No. Amount
Unit
Sanitation/Land 2008 Fund 3365-033 550701 20281-3365-EXP $260.33
Landfill 2015C0 Fund 3367-033 550701 20281-3367-EXP $1,194,524.28
Landfill 2017C0 Fund 3368-033 550701 20281-3368-EXP $400,863.76
Landfill 2018 TCO Fund 3369-033 550701 20281-3369-EXP $1404,351.63
Total $3,000,000
❑ Certification Not Required
Director� ofiFinancial Services
Date:VidD6,(,