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HomeMy WebLinkAbout08376ORDINANCE NO. 8376 AN ORDINANCE ESTABLISHING LAKE AVENUE SEWER UPSIZE/URA PROJECT (WW1103) AND AUTHORIZING A TRANSFER OF WASTEWATER FUNDS INTO THIS PROJECT WHEREAS, the City of Pueblo is currently under a construction and maintenance agreement with the Urban Renewal Authority; and WHEREAS, the City has agreed to pay for certain costs of sanitary sewer relocation and upsizing in this project and; WHEREAS, the Wastewater Department has adequate funds budgeted and appropriated in Projects to be Determined (WW1199); now, therefore BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Project Lake Avenue Sewer Upsize/URA (WW1103) is hereby established to fund a construction contract entered into by the Urban Renewal Authority and to be reimbursed by the Wastewater Department of the City of Pueblo. SECTION 2. Funds in the amount of $80,000 shall be transferred from Projects to be Determined (WW1199) to Lake Avenue Sewer Upsize/URA (WW1103). INTRODUCED: July 25, 2011 BY: Leroy Garcia COUNCILPERSON PASSED AND APPROVED: August 8, 2011 Background Paper for Proposed ORDINANCE AGENDA ITEM # R-3 DATE: July 25, 2011 DEPARTMENT: WASTEWATER DEPARTMENT GENE MICHAEL, DIRECTOR TITLE AN ORDINANCE ESTABLISHING LAKE AVENUE SEWER UPSIZE/URA PROJECT (WW1103) AND AUTHORIZING A TRANSFER OF WASTEWATER FUNDS INTO THIS PROJECT ISSUE Should the City Council authorize the establishment of a new project, Lake Avenue Sewer Upsize/URA (WW1103), and authorize the transfer of $80,000 of wastewater funds from Projects to be Determined (WW1199) to such project? RECOMMENDATION Approval of this Ordinance. BACKGROUND The Urban Renewal Authority is performing the Lake Minnequa Urban Renewal project on Lake Avenue. Part of that project entails upsizing and relocating a sanitary sewer main. Per the Construction and Maintenance Agreement authorized by Ordinance #8295, the Wastewater Department will fund the sewer main portion of the work. Therefore, this Ordinance appropriates funds for the sewer main portion and creates a project for accounting purposes. FINANCIAL IMPACT In the 2011 budget, the Wastewater Department budgeted $1,300,000 in Projects to be Determined (WW1199). A portion of this, $80,000, will be transferred to project WW1103 for the sewer main portion of the Lake Avenue streetscape project.