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HomeMy WebLinkAbout12333RESOLUTION NO. 12333 A RESOLUTION AUTHORIZING THE TRANSFER OF $50,000 FROM THE COUNCIL CONTINGENCIES ACCOUNT IN THE 2012 GENERAL FUND BUDGET TO THE STATE OF COLORADO FOR THE ABATEMENT AND DEMOLITION OF THE FORMER NAVAL RESERVE FACILITY LOCATED AT NORTHERN AVENUE AND ACERO STREET IN PUEBLO, COLORADO, AND AUTHORIZING THE EXECUTION AND DELIVERY OF ALL OTHER DOCUMENTS REQUIRED IN CONNECTION THEREWITH BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The transfer of $50,000 from the Council Contingencies Account in the 2012 General Fund budget for payment of any local share of the cost of abatement and demolition of the former Naval Reserve Facility located at Northern Avenue and Acero Street, Pueblo, Colorado (the "Project") is hereby approved and authorized. SECTION 2. Payment of the transferred funds for the Project shall be made to the State of Colorado or a department thereof (the "State"), contingent and subject to the State appropriating all other required funds therefor and commencing the abatement and demolition on or before December 31, 2012. SECTION 3. The City Manager is authorized and directed to take all actions on behalf of the City which may be reasonably required by the State to carry out, give effect to and consummate the transfer of funds to the State for the Project. SECTION 4. This Resolution shall be effective immediately upon passage and approval. INTRODUCED: March 5, 2012 By: Steve Nawrocki COUNCILPERSON Background Paper for Proposed RESOLUTION DATE: March 5, 2011AGENDA ITEM # C-1 DEPARTMENT: Pueblo City Council Council Member Leroy M. Garcia, Jr. TITLE A RESOLUTION AUTHORIZING THE TRANSFER OF $50,000 FROM THE COUNCIL CONTINGENCIES ACCOUNT IN THE 2012 GENERAL FUND BUDGET TO THE STATE OF COLORADO FOR THE ABATEMENT AND DEMOLITION OF THE FORMER NAVAL RESERVE FACILITY LOCATED AT NORTHERN AVENUE AND ACERO STREET IN PUEBLO, COLORADO, AND AUTHORIZING THE EXECUTION AND DELIVERY OF ALL OTHER DOCUMENTS REQUIRED IN CONNECTION THEREWITH ISSUE Should the City Council approve a Resolution authorizing transfer of $50,000 from the Council Contingencies Account in the 2012 General Fund Budget to the State of Colorado for payment of any local share of the cost of abatement and demolition of the former Naval Reserve Facility located at Northern Avenue and Acero Street? RECOMMENDATION Council Member Garcia recommends approval. BACKGROUND The Naval Reserve Building had been painted with lead-based paint containing asbestos materials. This material is now flaking off the building, releasing asbestos- containing materials into ambient air and creating a health hazard in the neighborhood. Council Member Garcia has been informed that the Colorado General assembly may be willing to abate and demolish the building if the City contributes $50,000 to the total cost, which is estimated to be $450,000. FINANCIAL IMPACT $50,000 would be transferred from the Council Contingencies Account for the abatement and demolition project. 7 U ' DATE BALANCE IN 2012 CONTINGENCIES ACCOUNT DEBIT CREDIT BALANCE Beginning Balance $ 100,000.00 3/5/2012 Demolition of Former Naval Reserve Facility $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00 $ 50,000.00