Loading...
HomeMy WebLinkAbout08867ORDINANCE NO. 8867 AN ORDINANCE INCREASING PROJECT PL1306, PUEBLO CITY HALL INTERIOR REHABILIATION AND REMODEL PROJECT, BY THE AMOUNT OF $510,000 AND BUDGETING AND APPROPRIATING FUNDS THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the total amount of $510,000 shall be transferred from the interest earnings of the 1992-2016 Sales and Use Tax Capital Improvement Project Fund in the amount of $325,000, from the balance of funds from the sale of 3 Jetway in the amount of $107,890, and from the General Fund Reserves in the amount of $77,110 and are hereby budgeted and appropriated for the Pueblo City Hall Interior Rehabilitation and Remodel Project, PL1306. SECTION 2. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of the Ordinance to effectuate the policies and procedures described herein. SECTION 3. This Ordinance shall become effective immediately upon final passage and approval. INTRODUCED: April 27, 2015 BY: Dennis Flores PASSED AND APPROVED: May 11, 2015 City Clerk’s Office Item # R-5 BACKGROUND PAPER FOR PROPOSED ORDINANCE COUNCIL MEETING DATE: April 27, 2015 TO: President Stephen G. Nawrocki and Members of City Council CC: Sam Azad, City Manager VIA: Gina Dutcher, City Clerk FROM: Steven Meier, Director of Planning and Community Development SUBJECT: AN ORDINANCE INCREASING PROJECT PL1306, PUEBLO CITY HALL INTERIOR REHABILIATION AND REMODEL PROJECT, BY THE AMOUNT OF $510,000 AND BUDGETING AND APPROPRIATING FUNDS THEREFORE SUMMARY: The Pueblo City Hall Interior Rehabilitation and Remodel Project requires additional funds in the amount of $510,000 to award a construction contract for the Project. PREVIOUS COUNCIL ACTION: The Pueblo City Council was awarded an Energy Mineral Impact Assistance Fund grant from the State of Colorado, Department of Local Affairs in the amount of $600,000 relating to the Pueblo City Hall Renovation Project, Final Phase. The City provided the local match in the amount of $500,000 along with accepting a $50,000 grant from the Boetcher Foundation and a $50,000 grant from the David and Lucile Packard Foundation for the City Hall Project. BACKGROUND: The City Planning and Public Works Departments are requesting an additional $510,000 for the Pueblo City Hall Interior Rehabilitation and Remodel Project, PL1306 in order to award the construction contract. The $510,000 will count as a local match for a recently submitted DOLA supplemental grant request for the Project. The Project will complete the renovation and rehabilitation of the second floor, first floor and lower level of City Hall. The Project construction is tentatively scheduled for June of 2015 with the completion in December 2015. FINANCIAL IMPLICATIONS: The $510,000 to complete the award of the Project will be transferred from the following sources: 1992-2016 Interest from Sales and Use Tax Capital Improvement Project Fund $325,000 Remaining Balance from Sale of 3 Jetway $107,890 General Fund Reserves $ 77,110 Total $510,000 BOARD/COMMISSION RECOMMENDATION: No Board or Commission recommendation. The City Manager and City Council has been briefed on the progress of the Project. STAKEHOLDER PROCESS: City Council and City staff are the Stakeholders. ALTERNATIVES: The Project would take longer and cost more money if the additional funds are not approved. RECOMMENDATION: Approve the Ordinance.