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HomeMy WebLinkAbout032708 ORD - 03/29/2022Ordinance authorizing a Real Estate Sales Contract to sell 0.89 acres located along the Kostoryz/Carroll Drainage Channel to the Corpus Christi Independent School District (C.C.I.S.D.) in an amount of $50,000.00, located in Council District 3, with FY 2022 funds to be deposited into the Streets Fund. WHEREAS, per § 272.001(b)(5) of the Texas Local Government Code, the fair market value of the land has been determined by an appraisal, and the City is not selling for less than the fair market value. WHEREAS, the $50,000 will be deposited into the Streets Fund to fund traffic mitigation on Kostoryz Road related to the new Mary Carroll High School. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the City Manager or designee is authorized to execute a Real Estate Sales Contract to sell a 0.8449 acre tract of land and a 0.0391 tract of land (a total of 0.89 acres of land) located along the Kostoryz/Carroll Drainage Channel near the intersection of Saratoga Boulevard and Kostoryz Road to Corpus Christi Independent School District for $50,000. SECTION 2. That the City Manager or designee is authorized to execute the deed and other related documents necessary to complete the sale and convey the property. That,4he foregoing ordinance was read for the first time and passed to its second reading on this the n day of \(k( , 2022, by the following vote: Paulette M. Guajardo Roland Barrera Gil Hernandez Michael Hunter Billy Lerma 032 7 08 John Martinez Ben Molina Mike Pusley Greg Smith SCANNED That the foregoing ordinance was read for the second time and passed finally on this the ,701 day of °r -Of 2022, by the following vote: Paulette M. Guajardo Roland Barrera Gil Hernandez Michael Hunter Billy Lerma John Martinez Ben Molina Mike Pusley Greg Smith PASSED AND APPROVED on this the pt day of livvvor, , 2022 ATTEST: Rebecca Huerta aulette M. Guajardo City Secretary Mayor 032708 „tai 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: March 22, 2022 Legistar Number: 22-0324 Agenda Item: Ordinance authorizing a Real Estate Sales Contract to sell 0.89 acres located along the Kostoryz/Carroll Drainage Channel to the Corpus Christi Independent School District (C.C.I.S.D.) in an amount of $50,000.00, located in Council District 3, with FY 2022 funds to be deposited into the Streets Fund Amount Required: $50,000.00 Fund Name Accounting Unit Account No. Activity No. Amount Streets 1041-12300-051 343710 N/A $50,000.00 Total $50,000.00 ec Date: r of Financial rvices