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HomeMy WebLinkAboutO-2004-2709 e e ORDINANCE NO. 04- Jt'7oCj AN ORDINANCE AUTHORIZING AND APPROVING A BUDGET ADJUSTMENT OF THE ANNUAL BUDGET OF THE CITY OF LA PORTE, AND APPROPRIATING AN AMOUNT NOT TO EXCEED $486,435 FROM TAX INCREMENT REINVESTMENT ZONE 1 FUTURE REVENUES TO PROVIDE FOR PARTIAL FUNDING FOR THE SYLVAN BEACH SHORELINE PROTECTION AND BEACH NOURISHMENT PROJECT (TGLO COASTAL PROJECT #1114), CONTINGENT UPON APPROVAL OF AN AMENDED PROJECT AGREEMENT WITH THE TEXAS GENERAL LAND OFFICE FOR THE PROJECT; MAKING VARIOUS FINDINGS AND PROVISIONS RELATING TO THE SUBJECT; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. The City Council hereby approves and authorizes a budget adjustment of the annual budget of the City of La Porte, and appropriating an amount not to exceed $486,435 from Tax Increment Reinvestment Zone 1 future revenues to provide for partial funding for the Sylvan Beach Shoreline Protection and Beach Nourishment project (TGLO Project #1114), contingent upon approval of an Amended Project Agreement with the Texas General Land Office for the project. Section 2. The City Council officially finds, determines, recites, and declares that a sufficient written notice of the date, hour, place, and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this ordinance and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves, and confirms such written notice and the contents and posting thereof. . . Section 3. This Ordinance shall be effective from and after its passage and approval, and it is so ordered. PASSED AND APPROVED, this 8th day of March 2004. CITY OF LA PORTE ATIEST: B~ ~ Nerman L. MaloRe, Mayor ~&I~( 6(~s f'Il4J.,1 Dr Ir 0 -r f IV) ~tJitlt~ rtfjj!J/ Martha Gillett, City Secretary APPROVED AS TO Z tJ~~ · Knox W. Askins, City Attorney 7""' e . RE UEST FOR CITY COUNCIL AGENDA ITEM Requested By: Stephen L. Barr ource of Funds: TRY Inl'rement Reinvedment Zoo Agenda Date Requested: March 8 2004 Department: Parks & Rec:reativg Account Number: 03P PSPS PO] 1100 Re rt: Resolution: Ordinance: X Amount Budgeted: Exhibits: Ordinance Amount Requested: $483,435 Exhibits: Budgeted Item: YES NO X Exhibits: SUMMARY & RECOMMENDATION At the December 8, 2003 meeting Council was briefed on the Sylvan Beach Erosion Protection and Beach Nourishment Project, which, if approved for construction, is to be jointly funded, by the City of La Porte, Harris County, and the Texas General Land Office. When completed, this project will restore a beach to Sylvan Beach Park, and also protect the 2,000-foot shoreline from further erosion. Harris County has budgeted their necessary share of the construction estimate, $486,435 for the project and the General Land Office has not committed its funding for Coastal Projects at this point in time. The City of La Porte share is currently unfunded and is also expected to be $486,435 based on the construction estimate provided by the design firm, URS. This Ordinance, if approved by City Council, will position the City to provide its share of funding for the project, contingent upon approval of an Amended Project Agreement by the City and the General Land Office. The funding for the City's projected share will come from future Tax Increment Reinvestment Zone 1 revenues, as is the Harris County share. This is a preliminary step in the process and is not binding on the City until the General Land Office approves its share of the funding, and the Amended Project Agreement is presented and approved by the City Council. Staff recommends approval of this Ordinance. Should the General Land Office not approve their funding share, or a phased portion of the funding at this time, we are still positioned to move forward when it does happen. Our permit is good until 2008 so, if state funding does not happen in this biennium, the project can still be funded in a future year. Action Required bv Council: * Consider authorization to amend the FY 2003-2004 budget by appropriating $486,435 from the T.I.R.Z. to provide for partial funding for the Sylvan Beach Shoreline Protection and Beach Nourishment Project, contingent upon approval of an Amended Project Agreement with the Texas General Land Office for the project. >j, JJ, j, r ;..~ td1J:i~ Approved for City Cq{tncil~ tYOlfgw~ . -(-.2-04- Debra B. Feazelle, City Manag Date