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HomeMy WebLinkAbout08313 ORDINANCE NO. 8313 BUDGETING AND APPROPRIATING AN ORDINANCE HIGHWAY USER TRUST FUND (HUTF) RESERVES IN THE AMOUNT OF $265,000 FOR EQUIPMENT UPGRADES AND TRANSFERRING FUNDS THEREFORE WHEREAS, the Public Works Department is in serious need of equipment upgrades and; WHEREAS, there are currently funds in the Highway User Trust Fund Reserve account available for this purpose; BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the amount $265,000 are hereby budgeted and appropriated for equipment and computer upgrades for the Public Works Department. SECTION Funds from the Highway User Trust Fund Reserves shall be transferred as follows: * Capital Project No. CPAN16 – Vehicles & Equipment – Public Works $250,000 * HUTF Account No. 210-9530-600.78.05 – Computer Equipment $ 15,000 INTRODUCED: February 14, 2011 BY: Leroy Garcia COUNCILPERSON PASSED AND APROVED: February 28, 2011 Background Paper for Proposed ORDINANCE DATE: FEBRUARY 14, 2011AGENDA ITEM # R-1 DEPARTMENT: PUBLIC WORKS DIRECTOR – EARL WILKINSON, P.E. TITLE AN ORDINANCE BUDGETING AND APPROPRIATING HIGHWAY USER TRUST FUND (HUTF) RESERVES IN THE AMOUNT OF $265,000 FOR EQUIPMENT UPGRADES AND TRANSFERRING FUNDS THEREFORE ISSUE Should City Council authorize the use of Highway User Trust Fund (HUTF) Reserves in the amount of $265,000 for equipment upgrades? RECOMMENDATION Approval of this Ordinance. BACKGROUND The Public Works Department is in serious need of some equipment upgrades, and there is currently $740,000 in the Highway User Trust Fund Reserve account that is available for this purpose as it relates to street maintenance activities. This Resolution will authorize the purchase of the following items: Trailer Mounted Pothole Patcher $ 70,000 Road Grader $150,000 Utility Truck $ 30,000 Computer & Software Upgrades $ 15,000 FINANCIAL IMPACT Funds from the Highway User Trust Fund Reserves shall be transferred as follows: * Capital Project No. CPAN16 – Vehicles & Equipment – Public Works $250,000 * HUTF Account No. 210-9530-600.78.05 – Computer Equipment $ 15,000