HomeMy WebLinkAbout032970 ORD - 01/31/2023Ordinance appropriating $1,342,418.83 from the unreserved fund
balance in the Debt Service Fund for the payment of debt; and
amending the FY 2023 Operating Budget.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
Section 1. Funds in the amount of $1,342,418.83 are appropriated from the unreserved
fund balance in the No. 2010 Debt Service Fund for the payment of debt associated with
the defeasance of a previously issued bond for the Convention Center and related fees.
Section 2. The FY 2023 Operating Budget, adopted by Ordinance No. 032855, is
amended by increasing expenditures by $1,342,418.83.
The foregoing ordinance was read for the first time and passed to its second reading on
this the aL' day of T6 , 2023, by the following vote:
Paulette Guajardo/4\,--,?L,Jim Klein A.Ljs
Roland Barrera A Mike Pusle
Sylvia CamposAll
Everett Roy
1 r---
Gil Hernandez �y Q Dan Suckley /�LA,ti
Michael Hunter A
112-6
The foregoing ordinan e was read for the second time and passed finally on this the
,`; ' \ day of .) C LQ , 2023, by the following vote:
Paulette Guajardo
Roland Barrera
Sylvia Campos
Gil Hernandez
Michael Hunter
PASSED AND APPROVED on this the
ATTEST:
Reb-cca Huerta
City Secretary
032970
Jim Klein
Mike Pusley
Everett Roy
Dan Suckley
day of 3VJ , 2023.
CI OF CORP
S CHRISTI
aulette Guajardo
Mayor
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: January 24, 2023 Legistar Number: 23-0202
Agenda Item:
Ordinance appropriating $1,342,418.83 from the Debt Service Fund Balance for the payment of debt and
amending the operating budget.
Amount Required: $1,342,418.83
Fund Name
Fund
Dept.
Org
Account
Activity
Amount
Debt Service
2010
99
99
251850
$1,342,418.83
Total
$1,342,418.83
Certification Not Required
ti&
£ti4 eirr,—
Director of Financial Services
Date: ► (2I (2.o2-3