HomeMy WebLinkAbout12530RESOLUTION NO. 12530
A RESOLUTION AUTHORIZING THE TRANSFER OF
$500,000 FROM PROJECT NO. WW1199, PROJECTS TO
BE DETERMINED, TO PROJECT NO. WWAN03, ANNUAL
POINT REPAIRS
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funds in the amount of $500,000 shall be transferred from WW1199, Projects To
Be Determined, to WWAN03, Annual Point Repairs.
SECTION 2.
This Resolution shall become effective immediately upon passage and approval.
INTRODUCED: October 22, 2012
BY: Sandy Daff
COUNCIL PERSON
Background Paper for Proposed
RESOLUTION
DATE: October 22, 2012 AGENDA ITEM # Q-2
DEPARTMENT: WASTEWATER DEPARTMENT
GENE MICHAEL, DIRECTOR
TITLE
A RESOLUTION AUTHORIZING THE TRANSFER OF $ 500,000 FROM PROJECT
NO. WW1199, PROJECTS TO BE DETERMINED, TO PROJECT NO. WWAN03,
ANNUAL POINT REPAIRS
ISSUE
Should the City Council authorize the transfer of funds in the amount of $500,000 from
project No. WW1199, Projects To Be Determined, to Project No. WWAN03, Annual
Point Repairs?
RECOMMENDATION
Approve this Resolution.
BACKGROUND
The Wastewater Department has become aware of several sanitary sewer mains that
will need emergency repair before the end of 2012. The current project balance for
Annual Point Repairs is inadequate for these additional repairs. In order to have
enough funds available, funding in amount of $500,000 will need to be transferred from
WW1199, Projects To Be Determined to WWAN03, Annual Point Repairs.
FINANCIAL IMPACT
No financial impact.