HomeMy WebLinkAbout10902RESOLUTION NO. 10902
A RESOLUTION APPROVING THE SUBMITTAL OF A FINAL GRANT APPLICATION TO THE
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR THE CITY OF PUEBLO,
COLORADO REDEVELOPMENT OF RECREATION AND PARK FACILITIES PROJECTS AT
LAKE MINNEQUA AND THE HISTORIC ARKANSAS RIVERWALK GATEWAY PARK, AND
AUTHORIZING THE PRESIDENT OF THE COUNCIL TO EXECUTE SAME
WHEREAS, the City and the Historic Arkansas Riverwalk Foundation submitted requests
for Congressional earmarked funding for recreation and park facility improvements at Lake
Minnequa and the Historic Arkansas Riverwalk Gateway Park for FY 2006 federal funding; and
WHEREAS, in November, 2005 federal appropriation legislation was signed into law
providing $237,600 of funds to the City of Pueblo from the U.S. Department of Housing and Urban
Development (HUD) - Economic Development Initiative (EDI) Program for redevelopment of
recreation and park facilities; and
WHEREAS, the City of Pueblo agrees to submit a final grant application to HUD for funding
recreation and park improvements at Lake Minnequa and the Historic Arkansas Riverwalk
Gateway Park from the EDI Program to assist in funding the construction the projects.
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The final grant application requesting $237,600 from HUD to assist in funding recreation and park
improvements at Lake Minnequa and the Historic Arkansas Riverwalk Gateway Park, a copy of
which is attached hereto, is hereby approved.
SECTION 2.
The President of the City Council is hereby authorized to execute and deliver the final grant
application in the name of and on behalf of the City of Pueblo, a Municipal Corporation, and the
City Clerk shall affix the seal of the City thereto and attest same.
INTRODUCED December 26, 2006
BY Jeff Chostner
Councilperson
APPROVED:
President of City Council
ATTESTED BY:
CITY CLERK
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Background Paper for Proposed
RESOLUTION
AGENDA ITEM #
DATE: DECEMBER 26, 2006
DEPARTMENT: COMMUNITY DEVELOPMENT /JIM MUNCH
PLANNING DEPARTMENT /JIM MUNCH
TITLE
A RESOLUTION APPROVING THE SUBMITTAL OF A FINAL GRANT APPLICATION
TO THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR THE
CITY OF PUEBLO, COLORADO REDEVELOPMENT OF RECREATION AND PARK
FACILITIES PROJECTS AT LAKE MINNEQUA AND THE HISTORIC ARKANSAS
RIVERWALK GATEWAY PARK, AND AUTHORIZING THE PRESIDENT OF THE
COUNCIL TO EXECUTE SAME
ISSUE
Shall the City Council approve the submittal of a final grant application in the amount of
$237,600 to the U.S. Department of Housing and Urban Development (HUD) for the
Pueblo, Colorado Redevelopment of Recreation and Park Facilities projects at Lake
Minnequa and the Historic Arkansas Riverwalk Gateway Park?
Approval of the Resolution.
The City of Pueblo and the Historic Arkansas Riverwalk (HARP) Foundation submitted
requests for Congressional earmarked funding for recreation and park facility
improvements at Lake Minnequa and the Historic Arkansas Riverwalk Gateway Park for
FY 2006 funding through the HUD's Economic Development Initiative (EDI) program
funds. In November, 2005 federal appropriation legislation was signed into law that
provides $237,600 of funds to the City of Pueblo from the HUD EDI program for
redevelopment of recreation and park facilities. Prior to the City receiving a grant
contract to secure the funding, a final grant application is required to be submitted to
HUD. The final application includes use of the EDI funds to assist with the construction
of two lighted outdoor basketball courts and a park pavilion at Minnequa Lake, as well
as park improvements at the HARP Gateway Park.
FINANCIAL IMPACT
The HUD EDI funding will provide $118,800 in funding for the Lake Minnequa project.
The City Council has budgeted and appropriated $4,650,000 to reflect grant funds
Stormwater Improvement Funds, and general fund reserves that are intended to be
reimbursed as the City secures the grant funds for the Lake Minnequa project. The
remaining $118,800 of HUD grant funds will be used by HARP for improvements at
Gateway Park.