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HomeMy WebLinkAbout08622ORDINANCE NO. 8622 AN ORDINANCE ACCEPTING A TRANSFER OF FUNDS IN THE AMOUNT OF $20,000 FROM THE PUEBLO TH URBAN RENEWAL AUTHORITY TO PL1303 EAST 4 STREET ENHANCEMENT PLANNING AND ENGINEERING PROJECT, APPROVING THE RETURN OF $20,000 FROM PL1303 TO CP0921 CRIME PREVENTION THROUGH ENVIRONMENTAL DESIGN, AND AUTHORIZING THE PRESIDENT OF COUNCIL TO EXECUTE DOCUMENTS TO EFFECTUATE SAME WHEREAS, on May 13, 2013, by Ordinance No. 8587, City Council approved a transportation enhancement grant agreement between the Colorado Department of th Transportation and the City of Pueblo for PL1303 East 4 Street Enhancement Planning and Engineering Project (“Project”); and WHEREAS, the source of the local match in the amount of $20,000 for the Project came from Project No. CP0921, Crime Prevention through Environmental Design; and WHEREAS, City Council wishes to change the source of the local match for the Project from Project No. CP0921, Crime Prevention through Environmental Design to reflect the receipt of $20,000 in funds from the Pueblo Urban Renewal Authority (“PURA”) as evidenced by PURA Resolution No. 2013-24; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the amount of $20,000 are hereby accepted from the Pueblo Urban th Renewal Authority to be transferred to PL1303 East 4 Street Enhancement Planning and Engineering Project. SECTION 2. Funds in the amount of $20,000 are hereby approved to be returned from th PL1303 East 4 Street Enhancement Planning and Engineering Project to Project No. CP0921, Crime Prevention through Environmental Design. SECTION 3. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Ordinance to effectuate the transactions described herein. SECTION 4. This Ordinance shall become effective immediately upon final passage and approval. INTRODUCED: August 12, 2013 BY: Chris Kaufman PASSED AND APPROVED: August 26, 2013 Background Paper for Proposed ORDINANCE DATE: AUGUST 12, 2013 AGENDA ITEM # S-5 DEPARTMENT: PLANNING AND COMMUNITY DEVELOPMENT JULIE ANN WOODS, AICP/ASLA, DIRECTOR TITLE AN ORDINANCE ACCEPTING A TRANSFER OF FUNDS IN THE AMOUNT OF TH $20,000 FROM THE PUEBLO URBAN RENEWAL AUTHORITY TO PL1303 EAST 4 STREET ENHANCEMENT PLANNING AND ENGINEERING PROJECT, APPROVING THE RETURN OF $20,000 FROM PL1303 TO CP0921 CRIME PREVENTION THROUGH ENVIRONMENTAL DESIGN, AND AUTHORIZING THE PRESIDENT OF COUNCIL TO EXECUTE DOCUMENTS TO EFFECTUATE SAME ISSUE Should City Council approve an Ordinance accepting a transfer of funds in the amount th of $20,000 from the Pueblo Urban Renewal Authority (“PURA”) to PL1303 East 4 Street Enhancement Planning and Engineering Project and approve the return of $20,000 from PL1303 to CP0921 Crime Prevention through Environmental Design? RECOMMENDATION Approve the Ordinance. BACKGROUND On May 13, 2013, by Ordinance No. 8587, City Council approved a transportation enhancement grant agreement between the Colorado Department of Transportation and the City of Pueblo. This Ordinance changes the source of the local match in the amount of $20,000 from Project No. CP0921 Crime Prevention through Environmental Design to funds provided by the Pueblo Urban Renewal Authority as was authorized by PURA Resolution 2013-24, approved on July 9, 2013. The Ordinance also returns the $20,000 from PL1303 back to CP0921. FINANCIAL IMPACT None. The amount of the local match is not being increased, only the source of the funds is being changed.