HomeMy WebLinkAbout08214ORDINANCE NO. 8214
AN ORDINANCE INCREASING THE 2010
APPROPRIATION TO THE HARP AUTHORITY AND
BUDGETING AND APPROPRIATING THE AMOUNT OF
$43,067 FROM THE HARP LAND SALES FUND
THEREFOR
WHEREAS, the HARP Authority has requested additional funds to pay for
expenses incurred during 2010 for the construction of electrical infrastructure along
certain public streets and areas on HARP Public Land, as defined by the Restated
Historic Arkansas Riverwalk of Pueblo (HARP) Authority Intergovernmental Agreement,
and Gateway Park.
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1:
The amount of $43,067 is hereby budgeted and appropriated from the fund
balance of the HARP Land Sales fund for payment to the HARP Authority.
SECTION 2:
This Ordinance shall be effective immediately upon final passage and approval.
INTRODUCED: May 24, 2010
BY: Vera Ortegon /COUNCILPERSON
PASSED AND APPROVED: June 14, 2010
Background Paper for Proposed
ORDINANCE
DATE: MAY 24, 2010AGENDA ITEM # R-7
DEPARTMENT: OFFICE OF THE CITY MANAGER
JERRY M. PACHECO, CITY MANAGER
TITLE
AN ORDINANCE INCREASING THE 2010 APPROPRIATION TO THE HARP
AUTHORITY AND BUDGETING AND APPROPRIATING THE AMOUNT OF $43,067
FROM THE HARP LAND SALES FUND THEREFOR
ISSUE
Should the City Council approve an additional appropriation in the amount of $43,067
for the HARP Authority?
RECOMMENDATION
Approval of the Ordinance.
BACKGROUND
Black Hills Energy is requiring the installation of permanent electrical infrastructure, in
accordance with the Pueblo Electrical Code, along and on both sides of Grand Avenue
east of Central Main Street, Central Main Street from Grand Avenue south to the HARP
bridge, at the intersection of Grand Avenue and Central Main Street, and on HARP in
the vicinity of Gateway Park and the HARP Confluence. This electrical infrastructure is
required to support community events held by HARP and other community
organizations. The cost of these improvements is $41,016 with an additional five
percent (5%), $2051, to be held in contingency. The HARP Authority is paying for this
improvement and is requesting reimbursement with funds from the HARP land sale
fund.
FINANCIAL IMPACT
The amount of $43,067 will be taken from the fund balance of the HARP Land Sales
fund.