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HomeMy WebLinkAbout12545RESOLUTION NO. 12545 A RESOLUTION AUTHORIZING PAYMENT IN THE AMOUNT OF $1,008.68 FROM THE COUNCIL CONTINGENCIES ACCOUNT IN THE 2012 GENERAL FUND BUDGET TO PUEBLO RAILWAY FOUNDATION TO ASSIST WITH ADDITIONAL COSTS ASSOCIATED WITH THE RELOCATION OF THE PROTOTYPE LINEAR INDUCTION MOTOR RESEARCH VEHICLE (LIMRV) FROM NEW CASTLE, PENNSYLVANIA TO PUEBLO BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Pueblo Railway Foundation has accepted the transfer of a Prototype Linear Induction Motor Research Vehicle (LIMRV) on the conditions set forth by Resolution No. 12531, and the City has authorized and paid Pueblo Railway Foundation $7,500 from the Council Contingencies Account in the 2012 General Fund Budget for the sole purpose of reimbursing Pueblo Railway Foundation for a portion of the costs actually incurred by Pueblo Railway Foundation in the transportation of the LIMRV vehicle from New Castle, Pennsylvania to Pueblo. SECTION 2. Additional costs in the amount of $1,008.68 were incurred by Pueblo Railway Foundation in order to complete the transfer of the LIMRV to Pueblo, and Pueblo Railway Foundation has requested the City’s assistance in paying these additional costs. SECTION 3. Funds in the amount of $1,008.68 from the Council Contingencies Account in the 2012 General Fund Budget is authorized to be paid to Pueblo Railway Foundation for the sole purpose of reimbursing Pueblo Railway Foundation for additional costs actually incurred by Pueblo Railway Foundation in the transfer of the LIMRV vehicle from New Castle, Pennsylvania to Pueblo. SECTION 4. This Resolution shall become effective upon passage and approval. INTRODUCED: December 10, 2012 BY: Leroy Garcia COUNCIL PERSON Background Paper for Proposed RESOLUTION DATE: AGENDA ITEM # M-2 December 10, 2012 DEPARTMENT: City Council TITLE A RESOLUTION AUTHORIZING PAYMENT IN THE AMOUNT OF $1,008.68 FROM THE COUNCIL CONTINGENCIES ACCOUNT IN THE 2012 GENERAL FUND BUDGET TO PUEBLO RAILWAY FOUNDATION TO ASSIST WITH ADDITIONAL COSTS ASSOCIATED WITH THE RELOCATION OF THE PROTOTYPE LINEAR INDUCTION MOTOR RESEARCH VEHICLE (LIMRV) FROM NEW CASTLE, PENNSYLVANIA TO PUEBLO ISSUE Should City Council authorize the payment of $1,008.68 to Pueblo Railway Foundation to pay for additional costs associated with the relocation of the LIMRV to Pueblo? RECOMMENDATION This Resolution is at the request of Council President Chris Kaufman. BACKGROUND Pueblo Railway Foundation has accepted the transfer of a Prototype Linear Induction Motor Research Vehicle (LIMRV) on the conditions set forth by Resolution No. 12531, and the City has authorized and paid Pueblo Railway Foundation $7,500 from the Council Contingencies Account in the 2012 General Fund Budget. Additional costs in the amount of $1,008.68 have been incurred by Pueblo Railway Foundation in order to complete the transfer of the LIMRV to Pueblo, and Pueblo Railway Foundation has requested the City’s assistance in paying these additional costs. FINANCIAL IMPACT Funds in the amount of $1,008.68 would be paid from the Council Contingencies Account in the 2012 General Fund Budget to Pueblo Railway Foundation for the sole purpose of reimbursing Pueblo Railway Foundation for additional costs associated with the completion of the transport of the LIMRV to Pueblo. 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 3/26/2012 Sponsorship of the Summit for Recycling $ 2,500.00 $ 47,500.00 3/26/2012 Facility $ 50,000.00 $ 97,500.00 4/9/2012 Mile High Youth Corps $ 20,000.00 $ 77,500.00 4/9/2012 Nature and Raptor Center $ 20,000.00 $ 57,500.00 7/9/2012 Tire Distribution Systems - -Tire Abatement at 1645 Belmont Avenue $ 1,387.00 $ 56,113.00 7/23/2012 Colorado Mission of Mercy Dental Clinic $ 5,000.00 $ 51,113.00 7/23/2012 Eastwood Heights Illegal Dump Site Cleanup $ 1,409.47 $ 49,703.53 8/13/2012 Animal Shelter Service Freezer $ 935.56 $ 48,767.97 8/27/2012 Special Counsel for Light Replacement Project $ 20,000.00 $ 28,767.97 9/10/2012 NeighborWorks of Pueblo Homeownership Center designation $ 7,500.00 $ 21,267.97 9/10/2012 Catholic Charities Diocese $ 2,500.00 $ 18,767.97 9/10/2012 Colorado State Fair Fiesta Committee $ 1,000.00 $ 17,767.97 9/10/2012 Orr Park Horseshoe Pits $ 1,000.00 $ 16,767.97 10/9/2012 State Fair Parade Veterans Grand Marshal Float Reimbursement -- Nicoll $ 450.22 $ 16,317.75 10/22/2012 Transportation Costs to Relocate Prototype Vehicle $ 7,500.00 $ 8,817.75 11/12/2012 Pueblo Poverty Foundation -- Christmas Stocking Give -Away $ 600.00 $ 8,217.75 12/10/2012 Transportation Costs to Relocate Prototype Vehicle $ 1,008.68 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07 $ 7,209.07