HomeMy WebLinkAbout033314 RES - 02/27/2024Resolution authorizing execution of an Advance Funding Agreement (AFA)
with the Texas Department of Transportation (TXDOT) for relocation of City
utilities in connection with the SH 358 Nueces Ramp Reversal Phase II-B
Project with payment to TXDOT of $2,398,000.00, with FY 2024 funding
available from Water Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS
CHRISTI, TEXAS:
SECTION 1. The City Manager or designee is authorized to execute an Advance Funding Agreement
(AFA) for SH 358 Nueces Ramp Reversal PH II-B for relocation and adjustment of utilities with the
Texas Department of Transportation (TXDOT) and pay TXDOT the amount of $2,398,000.00.
SECTION 2. The City Manager or designee is authorized to execute all related documents necessary
to administer said Advance Funding Agreement, including minor amendments thereto.
,f dayof
PASSED and APPROVED on the -' �ct\brk‘ko,0 , 2024.
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Paulette Guajardo, Mayor
ATTEST:
Rebecca Huerta, City Secretary
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 descnbed
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 27, 2024 Legistar Number: 24-0307
Agenda Item:
Resolution authorizing the City Manager, or designee to execute an Advance Funding Agreement with
the Texas Department of Transportation for SH 358 Nueces Ramp Reversal Phase II-B for relocation
and adjustments of water line along SH 358 in an amount of $2,398,000.00 for reimbursement of utility
construction cost with FY 2024 funding available from Water Fund.
Amount Required: $2,398,000.00
Fund
Name
Accounting
Unit
Account
No.
Activity
No.
Amount
Water
4487-45-89
550910
24027
$2,398,000.00
$2,398,000.00
TOTAL
Director of Financial Services
Date: alaP)2-0'0141