Loading...
HomeMy WebLinkAbout10363RESOLUTION NO. 10363 A RESOLUTION AUTHORIZING THE TRANSFER OF $7,617.75 FROM THE GENERAL FUND CONTINGENCIES ACCOUNT TO THE AIRPORT 2005 BUDGET FOR EMERGENCY REPAIRS TO RAIL TRACK IN THE AIRPORT INDUSTRIAL PARK BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the amount of $7,617.75 shall be transferred from the General Fund Contingencies Account to the Airport 2005 Budget. SECTION 2. Said funds shall be used for emergency repairs to rail track in the Airport Industrial Park. INTRODUCED April 11, 2005 BY Jeff Chostner Councilperson APPROVED: PRES1DENT 9F CITY CPWCIL ATTESTED BY: CITY CLERK Background Paper for Proposed RESOLUTION 420. # 11)3m3 AGENDA ITEM # DATE: April 11, 2005 DEPARTMENT: AVIATION - DANIEL E. CENTA, P.E. TITLE A RESOLUTION AUTHORIZING THE TRANSFER OF $7,617.75 FROM THE GENERAL FUND CONTINGENCIES ACCOUNT TO THE AIRPORT 2005 BUDGET FOR EMERGENCY REPAIRS TO RAIL TRACK IN THE AIRPORT INDUSTRIAL PARK ISSUE Should City Council approve the transfer of funds to pay for emergency repairs to rail track in the Airport Industrial Park. RECOMMENDATION Approval of this Resolution. BACKGROUND The rail track that services Timberline Steel in the Airport Industrial Park was in need of repairs. In order to keep the disruptions to Timberline Steel's business at a minimum, Railroad Specialties, Inc. was contacted and repaired the track. FINANCIAL IMPACT Funds in the amount of $7,617.75 are to be transferred from the General Fund Contingencies Account to the Airport 2005 budget.