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HomeMy WebLinkAbout033303 ORD - 02/20/2024 Ordinance amending the Capital Improvement Program to add the Whitecap and Gypsy Bridges Scour Protection Project; appropriating $1,500,000.00 from the unreserved fund balance in the TIRZ#2 Fund; and amending the FY 2024 Operating and Capital Budgets. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The FY 2023-2024 Operating Budget, adopted by Ordinance No. 033151, is amended to appropriate $1,500,000.00 from the unreserved fund balance in the TIRZ#2 Fund (1111) and transferring to the TIRZ #2 Capital Improvement Fund (3278) and increase expenditures by $1,500,000.00. SECTION 2. The FY 2023-2024 Capital Budget, adopted by Ordinance No. 033152, is amended to increase revenue & expenditures by $1,500,000.00. SECTION 3. The Capital Improvement Program Plan is amended to add the Whitecap and Gypsy Bridges Scour Protection Project. Introduced and voted on the I-3111 day of r-� , 2024. PASSED and APPROVED on the 30"tday of ( , 2024. ATTEST: C.'(CUe-11--t—CA*944 P lette Guajardo, May 41. Secretary Rebecca Huerta, City 033303 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: February 13, 2024 Legistar Number: 24-0209 Agenda Item: Ordinance amending the Adopted FY 2024 CIP Plan for the addition of the Whitecap and Gypsy bridges scour protection project and appropriation and expenditure of additional TIRZ#2 Funds in the amount of $1,500,000.00 from the unreserved fund balance in the TIRZ #2 Fund to address scour potential at the Whitecap and Gypsy bridges and authorizing the transfer from the TIRZ#2 Fund to the TIRZ#2 Capital Improvement Fund. Amount Required: $1,500,000.00 Fund Name Accounting Account Activity No. Amount Unit No. TIRZ#2 Capital Fund 3278 various 24032 $1,500,000.00 Total $1,500,000.00 Director of Financial Servi?es Date: --{9 (