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HomeMy WebLinkAbout10830RESOLUTION NO. 10830 A RESOLUTION AUTHORIZING THE TRANSFER OF $12,500 FROM THE CONTINGENCIES ACCOUNT IN THE 2006 GENERAL FUND BUDGET TO THE OUT OF CYCLE REQUESTS TO FUND THE RELOCATION OF AN AQUILA ELECTRICAL OVERHEAD POWER LINE TO UNDERGROUND ON CITY PROPERTY LOCATED AT 100 SOUTH MAIN STREET BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: �yx�rl:.r ►` The transfer of $12,500 from the Contingencies Account in the 2006 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 fund the relocation costs of Aquila power lines for the purpose of construction needs of the municipal parking structure. INTRODUCED October 10, 2006 BY Randy Thurston Councilperson APPROVED: President of Cit Council ATTESTED BY: CITY CLERK Background Paper for Proposed RESOLUTION &o . - 0,?3 AGENDA ITEM # V DATE: October 10, 2006 DEPARTMENT: OFFICE OF THE CITY MANAGER DAVE GALLI, CITY MANAGER DOUG FITZGERALD, ASSISTANT CITY MANAGER TITLE A RESOLUTION AUTHORIZING THE TRANSFER OF $12,500 FROM THE CONTINGENCIES ACCOUNT IN THE 2006 GENERAL FUND BUDGET TO THE OUT OF CYCLE REQUESTS TO FUND THE RELOCATION OF AN AQUILA ELECTRICAL OVERHEAD POWER LINE TO UNDERGROUND ON CITY PROPERTY LOCATED AT 100 SOUTH MAIN STREET ISSUE The construction of the municipal parking structure will be located at 100 South Main St. between HARP and D Street. It is necessary to remove an overhead Aquila Power line pole and place it underground in order to accommodate the construction needs of this structure. The City is going to pay half of the cost for the power line relocation while the adjacent landowner, Mr. Louie Carleo, will pay the other half of the relocation costs. The total cost for this service performed by Aquila is $25,000, which reflects the incremental cost of burying the power line rather than moving it. RECOMMENDATION Approval of the Resolution. FINANCIAL IMPACT Funds in the amount of $12,500 will be transferred from the Contingencies Account in the 2006 General Fund Budget (see attached spreadsheet for the balance in the contingencies account).