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HomeMy WebLinkAbout10942RESOLUTION NO. 10942 A RESOLUTION AUTHORIZING THE TRANSFER OF $2,500 FROM THE CONTINGENCIES ACCOUNT IN THE 2007 GENERAL FUND BUDGET TO THE OUT OF CYCLE REQUESTS FUND TO ASSIST IN FUNDING THE PROJECT COORDINATOR POSITION AND OPERATIONS OF THE PUEBLO EDUCATION CONSORTIUM BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO. that: SECTION 1. The transfer of $2,500 from the Contingencies Account in the 2007 General Fund budget to the Out of Cycle Requests Fund is hereby approved. SECTION 2. Said funds shall be disbursed from the Out of Cycle Requests Fund to fund the Project Coordinator position and operations of the Pueblo Educational Consortium. INTRODUCED February 26, 2007 BY Randy Thurston Councilperson APPROVED: °Cat/a RRESIDIENTof City Council ATTESTED BY: CITY CLERK 'eO SD #/09YZ ", allI,, - 'M -1 Background Paper for Proposed RESOLUTION AGENDA ITEM # 5 DATE: February 26, 2007 DEPARTMENT: OFFICE OF THE CITY MANAGER DAVE GALLI, CITY MANAGER DOUG FITZGERALD, ASSISTANT CITY MANAGER TITLE A RESOLUTION AUTHORIZING THE TRANSFER OF $2,500 FROM THE CONTINGENCIES ACCOUNT IN THE 2007 GENERAL FUND BUDGET TO THE OUT OF CYCLE REQUESTS FUND TO ASSIST IN FUNDING THE PROJECT COORDINATOR POSITION AND OPERATIONS OF THE PUEBLO EDUCATION CONSORTIUM ISSUE The Pueblo Education Consortium is requesting a financial contribution of $2,500 from the City Council to be utilized in the funding of the PEC Project Coordinator Position and operations for the fiscal year of 2007. The PEC is an organization of community leaders representing business and education in the City of Pueblo including Districts 60 and 70, PCC, CSU- Pueblo, PEDCO, and the Latino Chamber and Greater Pueblo Chambers of Commerce. Their mission is to address the educational and workforce needs of the Pueblo community coupled with a vision to have education plus economic development bring greater employment successes to the Pueblo community. This financial request will be used for the salary of the part-time Project Coordinator position and for operations such as paper copies and office materials. Approval of the Resolution. FINANCIAL IMPACT Funds in the amount of $2,500 will be transferred from the Contingencies Account in the 2007 General Fund Budget (see attached spreadsheet for the balance in the contingencies account).