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HomeMy WebLinkAbout10345RESOLUTION NO. 10345 A RESOLUTION AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO MAKE, EXECUTE AND DELIVER IN THE NAME OF THE CITY OF PUEBLO, FEDERAL FISCAL YEAR 2005 CERTIFICATIONS AND ASSURANCES FOR FEDERAL TRANSIT ADMINISTRATION FINANCIAL ASSISTANCE AND TO BIND THE CITY OF PUEBLO'S COMPLIANCE THEREWITH BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The President of City Council is authorized to make, execute and deliver in the name of the City of Pueblo, Federal Fiscal Year 2005 Certifications and Assurances for Federal Transit Administration financial assistance which are attached hereto and to bind the City of Pueblo's compliance therewith. SECTION 2. This resolution shall become effective immediately upon final passage and approval. INTRODUCED March 28, 2005 BY Michael Occhiato Councilperson APPROVED: PRES1DENT 9F CITY CPWCIL ATTESTED BY: CITY CLERK p400 10345 now VERB Background Paper for Proposed RESOLUTION AGENDA ITEM # ( DATE: March 28, 2005 DEPARTMENT: PUEBLO TRANSIT DANIEL E. CENTA, P.E. DIRECTOR OF PUBLIC WORKS TITLE A RESOLUTION AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO MAKE, EXECUTE AND DELIVER IN THE NAME OF THE CITY OF PUEBLO, FEDERAL FISCAL YEAR 2005 CERTIFICATIONS AND ASSURANCES FOR FEDERAL TRANSIT ADMINISTRATION FINANCIAL ASSISTANCE AND TO BIND THE CITY OF PUEBLO'S COMPLIANCE THEREWITH ISSUE Should City Council authorize the President of City Council to make, execute and deliver in the name of the City of Pueblo, Federal Fiscal Year 2005 certifications and assurances for Federal Transit Administration financial assistance and to bind the City of Pueblo's compliance therewith. RECOMMENDATION Approval of Resolution. BACKGROUND FTA's comprehensive compilation of the Federal Fiscal Year 2005 certifications and assurances must be approved and binding on the City for all Federal assistance programs FTA administers during Federal Fiscal year 2005, as required by 49 U.S.C. 5323(n). FINANCIAL IMPACT Failure to approve this Resolution will result in FTA's withholding of an estimated allocation of $1,477,491 for Transit Operating funds and $159,440 for Transit Capital projects fund for calendar year 2005.