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RESOLUTION NO. 12436
A RESOLUTION TRANSFERRING FUNDS IN THE AMOUNT
OF $2,000 FROM PROJECT CP1021 SOFTBALL COMPLEX
TO THE OUT OF CYCLE REQUESTS ACCOUNT AND
AUTHORIZING EXPENDITURE THEREOF FOR
SPONSORSHIP OF THE SOUTHERN COLORADO SOAP
BOX DERBY
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funds in the amount of $2,000 are hereby transferred from Project CP1021
Softball Complex to the Out of Cycle Requests Account.
SECTION 2.
Said funds shall be disbursed from the Out of Cycle Requests Account for
sponsorship to the Southern Colorado Soap Box Derby.
INTRODUCED: June 25, 2012
By Sandy Daff
COUNCILPERSON
Background Paper for Proposed
RESOLUTION
DATE: June 25, 2012 AGENDA
ITEM # M-2
DEPARTMENT:
OFFICE OF THE CITY COUNCIL
CHRIS K. KAUFMAN, COUNCIL PRESIDENT
TITLE
A RESOLUTION TRANSFERRING FUNDS IN THE AMOUNT OF $2,000
FROM PROJECT CP1021 SOFTBALL COMPLEX TO THE OUT OF CYCLE
REQUESTS ACCOUNT AND AUTHORIZING EXPENDITURE THEREOF
FOR SPONSORSHIP OF THE SOUTHERN COLORADO SOAP BOX
DERBY
ISSUE
Should City Council approve a Resolution transferring funds from Project
CP1021 Softball Complex to the Out of Cycle Requests Account to be
expended for a sponsorship of the Southern Colorado Soap Box Derby?
RECOMMENDATION
The Resolution is at the request of the City Council.
BACKGROUND
At the June 11, 2012, Work Session, organizers of the annual Soap Box
Derby event in Pueblo made a presentation to the City Council. Following
the presentation, Council directed Administration to prepare a Resolution
transferring $2,000 from the Softball Complex funds to the Out of Cycle
Requests Account in order to sponsor the Southern Colorado Soap Box
Derby.
FINANCIAL IMPACT
Funds in the amount of $2,000 will be transferred from Project CP1021
Softball Complex to the Out of Cycle Requests Account and expended
therefrom for the sponsorship.