HomeMy WebLinkAbout032647 ORD - 01/25/2022Ordinance appropriating $71,940 from the unreserved fund balance of the
Tax Increment Reinvestment Zone No. 3 Fund for incentives under the
Streetscape and Safety Improvement Program; and amending the Fiscal
Year 2022 operating budget.
WHEREAS, the Tax Increment Reinvestment Zone No. 3 (TIRZ #3) Board and City Council
approved the TIRZ #3 budget for fiscal year 2022, which included $200,000 for the Streetscape
and Safety Improvement Program;
WHEREAS, on December 14, 2021, the TIRZ #3 Board voted to approve two incentive
agreements under the Streetscape and Safety Improvement Program that included
recommending budget amendments in the total amount of $71,940.00;
BE IT ORDAINED BY THE CITY COUNCIL FOR THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. That funds in the amount of $71,940.00 are appropriated from the
unreserved fund balance in the TIRZ #3 Fund No. 1112 to fund incentives under the
Streetscape Improvement Program.
SECTION 2. That the FY2021-22 Operating Budget adopted by Ordinance No. 032539
is amended to increase expenditures by $71,940.00.
That the foregoing or ip nce was read for the first time and passed to its second
reading on this the 1 day of u"Uc , 2022, by the following vote:
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
A\t-)wo-
John
Martinez
Ben Molina
Mike Pusley
Greg Smith
032647 SCANNED
That the foregoing. ordinance was read for the second time and passed finally on this
the d.5inday of -.Na-Aldi , 2022, by the following vote:
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
4-1,L
PASSED AND APPROVED on this the
ATTEST:
A'o.I/
Re.ecca Huerta
City Secretary
John Martinez
Ben Molina
Mike Pusley
Greg Smith
5Thday &AI/ , 2022.
032647 -"`
Paulette M. Guajardo
Mayor