HomeMy WebLinkAbout033188 RES - 10/10/2023Resolution in support of the continued protection of the City's
downtown Seawall Flood Control Structure and the establishment of
an endowment dedicated to the future maintenance and repair of the
Seawall.
WHEREAS, the City Council supports the continued maintenance and repair of the
City's downtown Seawall Flood Control Structure and wishes to provide funding for future
maintenance and repair needs; and
WHEREAS, the City Council recommends the creation of an endowment, which is
defined as a financial reserve dedicated to the maintenance and repair of the Seawall, as
defined in Resolution No. 033130;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS THAT:
SECTION 1: The City Council supports of the continued protection of the City's
downtown Seawall Flood Control Structure and the establishment of an endowment,
which is estimated to be $14,000,000 at the expiration of the current Type A Seawall
sales tax authorization, dedicated to the future maintenance and repair of the Seawall.
PASSED and APPROVED on the I6 day of oc- r , 2023.
A-1
0331 8R
ATTEST:
e.ecca Huerta, City Secretary
SCANNED