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HomeMy WebLinkAbout10257RESOLUTION NO. 10257 A RESOLUTION AUTHORIZING THE TRANSFER OF $2,500 FROM THE CONTINGENCIES ACCOUNT IN THE 2004 GENERAL FUND BUDGET TO THE OUT OF CYCLE REQUESTS FUND TO ASSIST IN FUNDING A COORDINATOR'S POSITION FOR THE PUEBLO EDUCATION CONSORTIUM BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The transfer of $2,500 from the Contingencies Account in the 2004 General Fund budget to the Out of Cycle Requests Fund is hereby approved. SECTION 2. Said funds shall be dispersed from the Out of Cycle Requests Fund to the Pueblo Education Consortium (PEC) to assist in funding a Project Coordinator's position. INTRODUCED November 8. 2004 BY Robert Schilling Councilperson Background Paper for Proposed RESOLUTION A60- # / U257 AGENDA ITEM b1b DATE: November 8, 2004 DEPARTMENT: CITY MANAGER'S OFFICE DAVE GALLI, INTERIM CITY MANAGER TITLE A RESOLUTION AUTHORIZING THE TRANSFER OF $2,500 FROM THE CONTINGENCIES ACCOUNT IN THE 2004 GENERAL FUND BUDGET TO THE OUT OF CYCLE REQUESTS FUND TO ASSIST IN FUNDING A COORDINATOR'S POSITION FOR THE PUEBLO EDUCATION CONSORTIUM ISSUE The Pueblo Education Consortium (PEC) is requesting funding from the City to assist in funding a Project Coordinator's position. The cost for the position is estimated to be approximately $13,000. The seven members of the Consortium are contributing $1,000 each. The PEC is pursuing a grant in the amount of $5,000 from the El Pomar Foundation. In order to receive the grant, the PEC is seeking matching funds from both the City of Pueblo and the Board of County Commissioners in the amount of $2,500. RECOMMENDATION None. FINANCIAL IMPACT Funds in the amount of $2,500 will be transferred from the Contingencies Account in the 2004 General Fund Budget (see attached spreadsheet for the balance in the contingencies account).