HomeMy WebLinkAbout032590 RES - 10/26/2021Schedule (01)
EXHIBIT D
OBLIGOR RESOLUTION
RE: Government Obligation Contract dated as of October 26, 2021, between KS StateBank (Obligee) and City of Corpus Christi, Texas (Obligor)
At a duly called meeting of the Governing Body of the Obligor (as defined in the Contract) held on the following
resolution was introduced and adopted:
BE IT RESOLVED by the Governing Body of Obligor as follows:
1. Determination of Need. The Governing Body of Obligor has determined that a true and very real need exists for the acquisition of the Equipment
described on Exhibit A of the Government Obligation Contract dated as of October 26, 2021, between City of Corpus Christi, Texas (Obligor) and
KS StateBank (Obligee).
2. Personal Property Finance Act. The Governing Body of Obligor will enter into the Contract, together with all related documents, as authorized
by the Public Property Finance Act, Subchapter A, Chapter 271, Local Government Code (the "PPFA").
3. Pledge of Taxes. For each year in which Contract Payments are due pursuant to the Contract, there shall be levied, as authorized by the PPFA,
an ad valorem tax within the limits prescribed by law that is sufficient (together with other funds lawfully available to Obligor and applied for
such purpose) to provide for the timely payment of Contract Payments when due.
4. Approval and Authorization. The Governing Body of Obligor has determined that the Contract, substantially in the form presented to this
meeting, is in the best interests of the Obligor for the acquisition of such Equipment, and the Governing Body hereby approves the entering into
of the Contract by the Obligor and hereby designates and authorizes the following person(s) to execute and deliver the Contract on Obligor's
behalf with such changes thereto as such person(s) deem(s) appropriate, and any related documents, including any Escrow Agreement,
necessary to the consummation of the transaction contemplated by the Contract.
Authorized Individual(s):
Heather Hulbert, Director, Finance & Procurement
(Typed or Printed Name and Title of individual(s) authorized to execute the Contract)
Constance Sanchez, CFO
5. Adoption of Resolution. The signatures below from the designated individuals from the Governing Body of the Obligor evidence the adoption
by the GGoov_erning Body of this Resolution.
Signat
're
(Signatur o tary, Board Ch irman or other tuber of the Governing
(Printed Name and Title of individual who signed dctly above)
Printed Name & Title:
Attested By:
(Signature
Printed Name & Title:
wi ess the pass.:e of this Re ludo )
(Printed Name of individual wh. si; ned directly above)
032590
SCANNED
PASSED AND APPROVED on the 1Ah day of
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
John Martinez
Ben Molina
Mike Pusley
Greg Smith
ATz-
AL-irt
X469-Qr, 2021:
ATTEST: CITY OF CORPUS CHRISTI
�eN
4'I
Rebecca Huerta art0'aulette M. Guajardo
City Secretary Mayor
Page 2 of 2
• !t2i '
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: October 26, 2021 Legistar Number: 21-1304
Agenda Item:
Resolution authorizing the lease -purchase, via KS StateBank, of mobile data computers from
Turn -Key Mobile, Inc., of Jefferson City, Missouri, for Police, Fire, Animal Control, and Airport
Public Safety to be purchased through the TX DIR Cooperative for a total amount of
$2,000,000.00, with funding for FY 2022 in the amount of $1,000,000.00 available through the
Info Tech Fund and the remaining lease -purchase payment to commence in FY2023 and
execution of all necessary contract documents related to this transaction.
Amount Required: $1,000,000.00
Fund Name
Accounting Unit
AcNoount
Activity No.
Amount
Information Technology
5210-40495-242
520100
$1,000,000.00
Total
$1,000,000.00
❑ Certification Not Required
Director of Financial Services
Date: I U '026 r02