HomeMy WebLinkAbout11515RESOLUTION NO. 11515
A RESOLUTION COMMITTING $195,000 TO MATCH SENATE BILL 97 -001
STATE FUNDS FOR THE PURCHASE OF THREE BUSES FOR THE
PROVISION OF PUBLIC TRANSPORTATION SERVICES
WHEREAS, the City of Pueblo has appropriated and budgeted $195,000 in the Pueblo
Transit 2009 budget to purchase three transit buses as the 20% match of Senate Bill 97 -001
funding
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The City of Pueblo has filed an application with the State Department of Transportation,
Division of Transportation Development, for Senate Bill 97 -001 funding for the purchase of three
transit buses.
SECTION 2.
The City of Pueblo hereby commits and obligates $ 195,000 as its local match for the
purchase of three transit buses.
INTRODUCED: January 26. 2009
BY: Randy Thurston
Councilperson
APPROVIED-f �2L
PRESIDENTof City Council
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Background Paper for Proposed
RESOLUTION
AGENDA ITEM # 2
DATE: January 26, 2009
DEPARTMENT: PUEBLO TRANSIT
BRENDA BROYLES
TRANSIT SUPERINTENDENT
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A RESOLUTION COMMITTING $195,000 TO MATCH SENATE BILL 97 -001 STATE
FUNDS FOR THE PURCHASE OF THREE BUSES FOR THE PROVISION OF
PUBLIC TRANSPORTATION SERVICES
ISSUE
Should City Council agree to accept certain unencumbered State funds from Senate Bill
97 -001 for the purpose of purchasing three buses for the provision of public
transportation services.
RECOMMENDATION
Approval of the Resolution.
BACKGROUND
The State of Colorado, State Department of Transportation, Division of Transportation
Development, has obtained certain unencumbered State funds from the Senate Bill 97-
001 strategic transportation program for the purchase of capital rolling stock for the
provision of public transportation.
The City of Pueblo has appropriated a total of $195,000 into the Pueblo Transit 2009
budget for the purchase of three buses.
FINANCIAL IMPACT
The total project cost is $975,000. The state match at 80% is $780,000 and the
appropriated City match at 20% is $195,000.