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HomeMy WebLinkAbout08838ORDINANCE NO. 8838 AN ORDINANCE BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $14,550 FROM THE RESERVES OF THE MEMORIAL AIRPORT ENTERPRISE FUND FOR THE PURCHASE OF A FUEL METER FROM DULTMEIER SALES LLC WHEREAS, City Council approved funds for the purchase of a fuel meter in the 2014 Memorial Airport Enterprise Fund budget; and WHEREAS, the fuel meter was ordered from Dultmeier Sales LLC but delivery of the meter could not be made in the 2014 fiscal year; and WHEREAS, the originally budgeted funds are still available in the Memorial Airport Enterprise Fund reserves for said purchase; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds is the amount of $14,550 are hereby budgeted and appropriated from the Memorial Airport Enterprise Fund reserves for the purchase of the fuel meter. SECTION 2. 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 policies and procedures described therein. SECTION 3. This Ordinance shall become effective immediately upon final passage and approval. INTRODUCED: _ January 26, 2015 BY: Chris Nicoll PASSED AND APPROVED: February 9, 2015 City Clerk’s Office Item # R-3 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: January 26, 2015 TO: President Steve Nawrocki and Members of City Council CC: Sam Azad, City Manager VIA: Gina Dutcher, City Clerk FROM: Mark Lovin – Aviation Department SUBJECT: AN ORDINANCE BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $14,550 FROM THE RESERVES OF THE MEMORIAL AIRPORT ENTERPRISE FOR THE PURCHASE OF A FUEL METER FROM DULTMEIER SALES LLC SUMMARY: Attached is an Ordinance budgeting and appropriating funds in the amount of $14,550 from the Memorial Airport Enterprise Fund reserves to purchase a fuel meter. PREVIOUS COUNCIL ACTION: Capital Equipment budget of $25,000 was approved in the 2014 Budget by City Council. BACKGROUND Funding was approved in the 2014 Budget for the Memorial Airport Enterprise for the purchase of a fuel meter to more effectively manage the aviation fuel being delivered to and taken out of the fuel tanks at the Airport’s fuel farm. A fuel meter was ordered from Dultmeier Sales LLC but they were unable to deliver the meter prior to the end of the City’s fiscal year. Since the meter has been ordered and the 2014 budget has lapsed, this Ordinance is requesting the funds be budgeted and appropriated in 2015 from the reserves to pay for the meter once it is received. FINANCIAL IMPLICATIONS: Funds in the amount of $14,550 shall be budgeted and appropriated from the 2015 Memorial Airport Enterprise Fund reserves. BOARD/COMMISSION RECOMMENDATION: None. STAKEHOLDER PROCESS: None. ALTERNATIVES: If City Council does not approve this Ordinance, Dultmeier Sales LLC will be contacted and the order will be cancelled. If the meter is received prior to the Ordinance process being completed, the meter will not be installed until after City Council’s approval of the Ordinance. If City Council does not approve the Ordinance, the meter will be returned to Dultmeier Sales LLC. RECOMMENDATION The Aviation Department recommends approval of this Ordinance. Attachments: None