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HomeMy WebLinkAbout08980ORDINANCE NO. 8980 AN ORDINANCE ACCEPTING MATCHING GRANT FUNDS IN THE AMOUNT OF $1,588 FROM HISTORIC PUEBLO INC., AND BUDGETING AND APPROPRIATING SAID FUNDS INTO PROJECT NO. PL1405 - GOODNIGHT BARN STABILIZATION PROJECT WHEREAS, the Historic Pueblo, Inc. has donated $1,588 towards the cash match amount of a grant from the State Historical Fund, History Colorado; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Matching funds donated by the Historic Pueblo, Inc. in the amount of $1,588 have been accepted and are hereby budgeted and appropriated for the Goodnight Barn Stabilization Project, PL1405. 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 and Agreement to effectuate the policies and procedures described therein. SECTION 3. This Ordinance shall become effective immediately upon final passage and approval. INTRODUCED: March 14, 2016 BY: Ed Brown PASSED AND APPROVED: March 28, 2016 City Clerk’s Office Item # R-4 BACKGROUND PAPER FOR PROPOSED ORDINANCE COUNCIL MEETING DATE: March 14, 2016 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 ACCEPTING MATCHING GRANT FUNDS IN THE AMOUNT OF $1,588 FROM HISTORIC PUEBLO INC., AND BUDGETING AND APPROPRIATING SAID FUNDS INTO PROJECT NO. PL1405 - GOODNIGHT BARN STABILIZATION PROJECT SUMMARY: This Ordinance accepts a donation of $1,588 in funds from Historic Pueblo, Inc., and budgets and appropriates said funds into the Goodnight Barn Stabilization Project, PL1405. PREVIOUS COUNCIL ACTION: City Council approved Ordinance No. 8779, dated October 14, 2014, which established the project number PL1405, budgeted and appropriated funds in the amount of $42,350 relating to the Goodnight Barn Stabilization Project and approved the Contract with the State Historical Fund. BACKGROUND: On October 14, 2014, City Council through Ordinance No. 8779 approved a grant agreement with the State Historical Fund that awarded $33,662 in funds for the Goodnight Barn Stabilization Project. The grant agreement required the City to provide local matching funds in the amount of $10,588 which combined with the grant funds provided $42,350 for the project. The City secured $9,000 of the local matching funds from contributions from the Pueblo County Historical Society and Historic Pueblo, Inc. for the Project. This Ordinance accepts $1,588 in additional funds from Historic Pueblo, Inc., and budgets and appropriates the funds into the Goodnight Barn Stabilization Project, PL1405. The funds from Historic Pueblo, Inc. will provide the additional local matching contribution to comply with the requirements of the State Historical Fund grant. FINANCIAL IMPLICATIONS: The $1,588 donation has been received from the Historic Pueblo, Inc. BOARD/COMMISSION RECOMMENDATION: The Historic Preservation Commission has recommended the project. STAKEHOLDER PROCESS: The Goodnight Barn Stakeholders Committee has endorsed the project. ALTERNATIVES: The Project will not go forward if the donated funds are not accepted and budgeted. RECOMMENDATION: Approve the Ordinance.