HomeMy WebLinkAbout10055RESOLUTION NO. 10055
A RESOLUTION TRANSFERRING $59,000 FROM THE LIBRARY ROADWAY IMPROVEMENT
PROJECT, NO. CP0317 TO THE EL PUEBLO SITE IMPROVEMENT PROJECT, NO. EL0101 TO
BE USED FOR THE EL PUEBLO SITE IMPROVEMENTS
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funds in the amount of $59,000 are hereby transferred from the Library Roadway
Improvements, Project No. CP0317 to the El Pueblo Site Improvements, Project No. EL0101.
SECTION 2.
Said funds will be transferred upon approval of this Resolution
INTRODUCED February 9, 2004
BY Michael Occhiato
/� Councilperson
APPROVED: v�-f
PRESI ENT OF CITY COUNCIL
ATTESTED BY:
CITY CLERK
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Background Paper for Proposed
RESOLUTION
AGENDA ITEM # 6
DATE: FEBRUARY 9, 2004
DEPARTMENT: COMMUNITY DEVELOPMENT /JIM MUNCH
PLANNING DEPARTMENT /CATHY GREEN
TITLE
A RESOLUTION TRANSFERRING $59,000 FROM THE LIBRARY ROADWAY
IMPROVEMENT PROJECT, NO. CP0317 TO THE EL PUEBLO SITE IMPROVEMENT
PROJECT, NO. EL0101 TO BE USED FOR THE EL PUEBLO SITE IMPROVEMENTS
ISSUE
Shall City Council approve the transfer of $59,000 from the Library Roadway Improvement
Project to the El Pueblo Site Improvement Project?
RECOMMENDATION
Approve the Resolution.
Funds in the amount of $268,000 were awarded to the City of Pueblo per Agreement with
the Colorado Historical Society for improvements of the right of way on Union Avenue and
site improvements surrounding the El Pueblo Museum, per Resolution No. 7012.
Colorado Historical Society Funds were setup in the following oroiect number:
Library Roadway Improvements (TE -21 Grant Match) CP0317 $ 84,000
Library Rotor Project (Small Urban Fund Grant Match) CP0318 $149,573
EL Pueblo Site Improvements EL0101 34,427
$268,000
Funds from the Colorado Historical Society in the amount of $84,000 were budgeted and
appropriated in the Library Roadway Improvement Project, CP0317 in anticipation to be
used as local match for a Transportation Enhancement Grant (TE -21) to landscape Union
Avenue right of way at the library and at El Pueblo Museum.
The required TE -21 local match is $25,000. This Resolution is requesting that the
remaining balance of $59,000 from CP0317 be transferred to the El Pueblo Site
Improvements Project No. EL0101 as per the Agreement with the City and the Colorado
Historical Society.
FINANCIAL IMPACT
Funds in the amount of $59,000 shall be transferred from Project CP0317 to Project
EL0101 for El Pueblo Site Improvements.