HomeMy WebLinkAbout032727 ORD - 04/19/2022Ordinance approving Amended and Restated Addendum No. 1 to Lease Agreement
with Corpus Christi Baseball Club, L.P., which provides for an increase of
$374,200.00 in Type A funding on a reimbursement basis, to make certain capital
improvements to the Whataburger Field property in accordance with Major League
Baseball Requirements; and amending the operating 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, Proposition 2A on that same date, authorized "the use of a portion of
the sales and use tax for the construction, operation and maintenance of a minor league
baseball stadium;"
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") and used to build and maintain
Whataburger Field in Corpus Christi;
WHEREAS, on October 18, 2021, the Type A Board determined that it is in the best
interest of the citizens of the City that Type A sales tax funds be used to pay for a certain
public improvement, namely capital improvements at Whataburger Field (the "Project")
and voted to authorize the funds for this purpose, which Project was previously included
in the budget approved by City Council on September 7, 2021;
WHEREAS, on March 21, 2022, the Type A Board approved an addition
$324,200.00 for the Project to allow the addition of improvements to the visitor's
clubhouse; and
WHEREAS, the Project is consistent with the purposes for which the Type A sales
tax was created and approved by the voters of the City;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL FOR 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 funds in the amount of $374,200.00 are appropriated from the Type A
Business and Job Development Fund No. 1140 for additional improvements to
Whataburger Field.
032727
SCANNED
SECTION 3. That the FY2021-22 Operating Budget adopted by Ordinance No. 032539
is amended to increase expenditures by $374,200.00.
SECTION 4. That the City Manager or designee is authorized to execute the First
Amended and Restated Addendum No. 1 to the Lease Agreement with Corpus Christi
Baseball Club, L.P., which provides for Type A funding to increase the amount from
$701,800.00 to $1,076,000 on a reimbursement basis, to make certain capital
improvements to the Whataburger Field property in accordance with Major League
Baseball Requirements.
That the foregoing ordinance was read for the first time and passed to its second
reading on this the 1,71‘1 day of
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
, 2022, by the following vote:
John Martinez
Ben Molina
Mike Pusley
Greg Smith
That the foregoing or finance was read for the second time and passed finally on this
the \1k day of 2022, by the following vote:
Paulette M. Guajardo
Roland Barrera
Gil Hernandez
Michael Hunter
Billy Lerma
A -yr(
John Martinez
Ben Molina
Mike Pusley
Greg Smith
PASSED AND APPROVED on this the 1 day of
ATTEST:
, 2022.
Rebecca Huerta "aulette M. Guajardo
City Secretary
032727
Mayor
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: April 12, 2022 Legistar Number: 22-0578
Agenda Item:
Ordinance approving Amended and Restated Addendum No. 1 to Lease Agreement with Corpus
Christi Baseball Club, L.P., which provides for an increase of $374,200.00 in Type A funding on
a reimbursement basis, to make certain capital improvements to the Whataburger Field property
in accordance with Major League Baseball Requirements; and amending the operating budget.
Amount Required: $1,076,000.00
Fund Name
Accounting
Unit
Account
No.
Activity No.
Amount
Major Business Incentive
1140-15010-707
530000
$1,076,000
Total
$1,076,000
❑ Certification Not Required
Director of Financial Services
r
Date: `l I I G I