HomeMy WebLinkAbout08434ORDINANCE NO. 8434
AN ORDINANCE ESTABLISHING CAPITAL PROJECT
BC1102, 2011 CAPITAL MATCH, AND BUDGETING,
APPROPRIATING AND TRANSFERRING FUNDS IN THE
AMOUNT OF $37,500 THEREFORE
WHEREAS, there are currently funds available for this purpose; now,
therefore
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Capital Project Number BC1102, 2011 Capital Match, is hereby established, and
funds in the amount of $37,500 are hereby budgeted and appropriated for therefore.
SECTION 2.
Funds shall be transferred into Project No. BC1102 from account number 515-
0000-391.01-01.
SECTION 3.
This ordinance shall be effective immediately upon passage.
INTRODUCED December 12, 2011
BY: Leroy Garcia
COUNCILPERSON
PASSED AND APPROVED: December 27, 2011
Background Paper for Proposed
ORDINANCE
AGENDA ITEM # R-12
DATE: 12/12/2011
DEPARTMENT:
PUEBLO TRANSIT
BRENDA BROYLES
DIRECTOR OF TRANSIT
TITLE
AN ORDINANCE ESTABLISHING CAPITAL PROJECT BC1102, 2011 CAPITAL
MATCH, AND BUDGETING, APPROPRIATING AND TRANSFERRING FUNDS IN
THE AMOUNT OF $37,500 THEREFORE
ISSUE
Should the City Council establish Capital Project No. BC1102, 2011 Capital Match, and
budget and appropriate funds in the amount of $37,500 for said project?
RECOMMENDATION
Approval of this Ordinance.
BACKGROUND
The City will be allocated a FY 2011 Federal Capital Grant for the purchase of voice
enunciation systems for buses. These funds will be carried over to FY 2012 and are
intended to subsidize a new FTA allocation for FY 2012 for the completion of the
project.
FINANCIAL IMPACT
City funds in the amount of $37,500 have been budgeted and appropriated in the
Pueblo Transit’s FY 2011 budget. This ordinance is requesting these funds to be
transferred to Capital Project BC1102.