HomeMy WebLinkAbout7868RESOLUTION NO. 7868
A RESOLUTION APPROPRIATING AND AUTHORIZING THE
EXPENDITURE OF $58,000 FROM THE 1992 -2001 SALES AND
USE TAX CAPITAL IMPROVEMENT PROJECTS FUND FOR THE
JONES TONES, INC. JOB CREATING CAPITAL IMPROVEMENT
PROJECT
WHEREAS, City Council by Resolution No. 7695 approved an August 28, 1995 Agreement
between the City and Jones Tones, Inc. relating to a job creating capital improvement project at Pueblo
Memorial Airport Industrial Park, and
WHEREAS, the cost of construction of the facilities for such project exceeds the construction
estimates by $58,000, and
WHEREAS, Pueblo Development Foundation and Pueblo Economic Development Corporation
have requested that $58,000 additional funds by made available for such project. NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1
Additional funds in the amount of $58,000 are hereby appropriated and authorized to be
expended and made available for the Jones Tones, Inc. capital improvement project out of the
1992 -2001 Sales And Use Tax Capital Improvement Projects Fund for the sole purpose of paying the
cost of construction of the facility for such project.
SECTION 2
This Resolution shall become effective upon final passage.
ATTEST`:
City Clerk
INTRODUCED: Mav 28 , 1996
By Charles Jones
Councilperson
APPROVED:
/4
P�resi nt of the City Council