HomeMy WebLinkAbout10865RESOLUTION NO. 10865
A RESOLUTION AUTHORIZING THE TRANSFER OF $28,000 PLUS $5,000 FOR
CONTINGENCIES FROM THE 1992 -2011 JOB CREATING CAPITAL IMPROVEMENT
PROJECTS FUND TO CAPITAL PROJECTS FOR EMERGENCY REPAIRS TO A RAIL SPUR IN
THE AIRPORT INDUSTRIAL PARK
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funds in the amount of $28,000.00 plus $5,000 for contingencies shall be transferred from
the 1992 -2011 Job Creating Capital Improvement Projects Fund.
SECTION 2.
Said funds shall be used for emergency repairs to a rail spur in the Airport Industrial Park
which serves PCL Packaging and Timberline Steel in furtherance of their job creating capital
improvement projects.
INTRODUCED November 27, 2006
BY Randy Thurston
Councilperson
APPROVED:
President of Cit Council
ATTESTED BY:
CITY CLERK
466 .io8�s
Background Paper for Proposed
RESOLUTION
AGENDA ITEM # q
DATE: November 27, 2006
DEPARTMENT: AVIATION - DANIEL E. CENTA, P.E.
TITLE
A RESOLUTION AUTHORIZING THE TRANSFER OF $28,000 PLUS $5,000 FOR
CONTINGENCIES FROM THE 1992 -2011 JOB CREATING CAPITAL
IMPROVEMENT PROJECTS FUND TO CAPITAL PROJECTS FOR EMERGENCY
REPAIRS TO A RAIL SPUR IN THE AIRPORT INDUSTRIAL PARK
ISSUE
Should City Council approve the transfer of funds to pay for emergency repairs to a rail
spur in the Airport Industrial Park.
RECOMMENDATION
Approval of this Resolution.
BACKGROUND
The rail spur that services PCL Packaging and Timberline Steel in the Airport Industrial
Park is in need of repairs. There was a subgrade failure to the spur making it inaccessible
to the railroad. At this time, PCL and Timberline are unable to accept deliveries from the
railroad.
FINANCIAL IMPACT
Funds in the amount of $28,000 plus $5,000 for contingencies are to be transferred from
the 1992 -2011 Job Creating Capital Improvement Projects Fund to Capital Projects.