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HomeMy WebLinkAbout033209 ORD - 11/14/2023Ordinance authorizing an agreement between the Corpus Christi B Corporation and Corpus Christi PATCH, Inc., for the securing and stabilizing of The Ritz Theatre effective upon signature of the Type B President; appropriating funds in the amount of $230,000.00 from the Type B Economic Development Fund; and amending the budget. Be it ordained by the City Council of the City of Corpus Christi, Texas: Section 1. Funds in the amount of $230,000.00 are appropriated from Type B Fund No. 1145 for an agreement with Corpus Christi PATCH, Inc. Section 2. The FY2023-24 Operating Budget adopted by Ordinance No. 0333151 is amended to increase expenditures by $230,000.00. Section 3. That the Corpus Christi B Corporation is authorized to enter into an agreement between the Corpus Christi B Corporation and Corpus Christi PATCH, Inc., for the securing and stabilizing of The Ritz Theatre. ;;,� Introduced and voted on the 3\`q day of CllC. , 2023. PASSED and APPROVED on the NV\ day of V'�Mbk(' , 2023. 0•L! ..,_ Paulette Guajar.o, a ATTEST: Rebecca Huerta, City Secretary Page 1 of 1 033' 09 SCANNED