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HomeMy WebLinkAboutM2022-106 - 06/28/2022City of Corpus Christi June 28, 2022 Motion: M2022-106 1201 Leopard Street Corpus Christi, TX 78401 cctexas.com File Number: 22-1173 Enactment Number: M2022-106 Motion authorizing the City Manager to negotiate and execute a Pilot Program that includes a 10 year warranty and a participation agreement for Roller Compacted Concrete Roadway Improvements for the King's Landing Subdivision with MPM Development, LP to reimburse the developer up to $1,570,206.65 including $321,426 previously paid under the previous participation agreement for the City's share of the cost to construct Iron Throne Drive and Drogon Street. (District 3). At a meeting of the City Council on 6/28/2022, this Motion was passed. Aye: 8 Mayor Guajardo, Council Member Barrera, Council Member Hernandez, Council Member Hunter, Council Member Lerma, Council Member Molina, Council Member Pusley, and Council Member Smith Absent: 1 Council Member Martinez Abstained: 0 Paulette Guajardo, Mayo Attest: � ° 0 ' &ZC44OtV/ / ! Rebecca Huerta, City Secretary City of Corpus Christi Page 1 Printed on 7/5/22 SCANNED 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: June 28, 2022 Legistar Number: 22-1173 Agenda Item: Motion authorizing the City Manager to negotiate and execute a Pilot Program Roller Compacted Concrete Roadway Improvements Developer Participation Agreement for the King's Landing Subdivision with MPM Development, LP to reimburse the developer up to $1,570,206.65 including $321,426 previously paid under the previous participation agreement for the City's share of the cost to construct Iron Throne Drive and Drogon Street. (District 3). Amount Required: $1,248,780.65 Fund Name Accounting Unit Account No. Activity No. Amount Developer Participation Bond 2016 3702-052 550910 20269-3702-EXP 1,248,780.65 Total 1,248,780.65 0 Certification Not Required Director Date: pf Financial Services