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HomeMy WebLinkAbout12559RESOLUTION NO. 12559 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS IN THE AMOUNT OF $21,028 FROM PROJECT NO. PL0806, CITY HALL EXTERIOR RESTORATION TO PROJECT NO. PL0904, CITY HALL INTERIOR RENOVATION WHEREAS, the City Hall Exterior Restoration Project, PL0806, was completed on August 8, 2011; BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the amount of $7,504 shall be transferred from Project PL0806, City Hall Exterior Restoration to Project PL0904, City Hall Interior Renovation relating to the New Energy Communities Grant from the State of Colorado (funding energy efficiency improvements at City Hall). SECTION2. Funds in the amount of $13,524 shall be transferred from Project PL0806, City Hall Exterior Restoration to Project PL0904, City Hall Interior Renovation. SECTION 3. This Resolution shall become effective upon approval and passage. INTRODUCED: December 26, 2012 BY: Steve Nawrocki COUNCIL PERSON Background Paper for Proposed R ESOLUTION DATE: DECEMBER 26, 2012 AGENDA ITEM # M-5 DEPARTMENT: PLANNING AND COMMUNITY DEVELOPMENT JULIE ANN WOODS, AICP/ASLA, DIRECTOR TITLE A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS IN THE AMOUNT OF $21,028 FROM PROJECT NO. PL0806, CITY HALL EXTERIOR RESTORATION TO PROJECT NO. PL0904, CITY HALL INTERIOR RENOVATION ISSUE Should City Council authorize the transfer of funds in the amount of $21,028 from Project PL0806, City Hall Exterior Renovation to Project PL0904, City Hall Interior Renovation? RECOMMENDATION Approval of this Resolution. BACKGROUND On December 13, 2010 Resolution No. 12031 was passed approving the transfer of funds in the amount of $77,689 from Capital Project PL0904, City Hall Interior Renovations, to Capital Project PL0806, City Hall Exterior Renovation. The funds originally transferred were from a State of Colorado New Energy Communities Grant (NEC) received by the City for the purpose of funding energy efficiency improvements. The transfer was requested to pay for the installation of new skylights for City Hall as part of the roofing project. The skylight project’s final cost was $70,185. FINANCIAL IMPACT This Resolution transfers $21,028 of unused funds from the City Hall Exterior Project, PL08006 to the City Hall Interior Project, PL0904. A total of $7,504 of these funds will be used to pay for eligible interior energy efficiency improvements within City Hall in compliance with the NEC state grant. The remainder of the funds, totaling $13,524, will assist in paying for tenant finish expenditures for City Hall. The City Hall Remaining Phases and Funding spreadsheet is attached.