HomeMy WebLinkAbout12273
RESOLUTION NO. 12273
A RESOLUTION AUTHORIZING THE TRANSFER OF
CONSERVATION TRUST FUNDS IN THE AMOUNT OF $9,051
FROM PROJECT NO. CP1102 – PARKS MASTER PLAN BACK
INTO THE CONSERVATION TRUST FUND ACCOUNT
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funds in the amount of $9,051 shall be transferred from CP1102 – Parks Master Plan
back into the Conservation Trust Fund account.
SECTION 2.
This Resolution shall become effective immediately upon final passage and approval.
INTRODUCED December 12, 2011
BY: Leroy Garcia
COUNCILPERSON
Background Paper for Proposed
R
ESOLUTION
DATE: December 12, 2011 AGENDA ITEM # M-2
DEPARTMENT:
PARKS AND RECREATION
CREIGHTON WRIGHT, DIRECTOR
TITLE
A RESOLUTION AUTHORIZING THE TRANSFER OF CONSERVATION TRUST FUNDS IN
THE AMOUNT OF $9,051 FROM PROJECT NO. CP1102 – PARKS MASTER PLAN BACK
INTO THE CONSERVATION TRUST FUND ACCOUNT
ISSUE
Should City Council authorize the transfer of funds in the amount of $9,051 from Project No.
CP1102 – Parks Master Plan back into the Conservation Trust Fund account so the funds can
be authorized to fund CP1117 – Wildhorse Creek Trailhead Relocation Project?
RECOMMENDATION
Approval of this Resolution.
BACKGROUND
In order to have enough Conservation Trust Funds available for CP1117 – Wildhorse Creek
Trailhead Relocation Project, funding from another active CTF project would need to be
transferred back into the Conservation Trust Fund account. CP1102 – Parks Master Plan,
which was created earlier this year with a budget of $250,000 in Conservation Trust Funds, will
be reduced by $9,051.
FINANCIAL IMPACT
Conservation Trust Funds in the amount of $9,051 will be transferred from CP1102 – Parks
Master Plan back into the Conservation Trust Fund account in order to ensure adequate funding
for CP1117 – Wildhorse Creek Trailhead Relocation Project.