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HomeMy WebLinkAbout10395RESOLUTION NO. 10395 A RESOLUTION AUTHORIZING THE TRANSFER OF $9,362 FROM THE CONTINGENCY FUND TO THE PLANNING DEPARTMENT OPERATING BUDGET TO PAY FOR OUTSTANDING FEES FOR THE ROADWAY IMPACT FEE STUDY BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 Funds in the amount of $9,362 shall be transferred from the General Fund Contingency Account to the Planning Department 2005 Operating Budget and amend same. SECTION 2 Said funds shall be used to pay TischlerBise, Inc. for outstanding fees for the Roadway Impact Fee Study. INTRODUCED May 9, 2005 BY Michael Occhiato Councilperson APPROVED: PREStDENT 9F CITY C IL ATTESTED BY: CITY CLERIC P.O,OD, #10.375 °�� ED EEDD Background Paper for Proposed RESOLUTION AGENDA ITEM # cl DATE: MAY 8, 2005 DEPARTMENT: COMMUNITY DEVELOPMENTMIM MUNCH PLANNING DEPARTMENT /JIM MUNCH TITLE A RESOLUTION AUTHORIZING THE TRANSFER OF $9,362 FROM THE CONTINGENCY FUND TO THE PLANNING DEPARTMENT OPERATING BUDGET TO PAY FOR OUTSTANDING FEES FOR THE ROADWAY IMPACT FEE STUDY ISSUE Should City Council authorize a payment in the amount of $9,362 from the Contingency Fund to TischlerBise, Inc. for outstanding fees? RECOMMENDATION Approval of this Resolution. BACKGROUND The contract for the Roadway Impact Fee Study was approved by City Council on July 22, 2002, and funds for this project were placed in the Public Works operating budget. Because the funds were placed in an "operating" budget, the unspent funds in the amount of $53,639 were not rolled over into Public Works' operating budget for the next fiscal year, but were instead returned to the General Fund. Based on preliminary findings of the study, the consultant determined that impact fees are not a feasible funding mechanism for the City of Pueblo, and recommended that the City study the feasibility of a transportation utility. City Council decided not to pursue the study of a transportation utility and to cancel the remainder of the study. TishlerBise, Inc has submitted a final bill attached hereto in the amount of $9,362. FINANCIAL IMPACT Final payment in the amount of $9,362 will be paid from the Contingency Fund.