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ORDINANCE NO. 9081
AN ORDINANCE AUTHORIZING THE TRANSFER OF $36,938.00
FROM THE 2016 AIRPORT BUDGET TO THE AIRPORT
IMPROVEMENT TRUST FUND DUE TO THE RETURN OF
PAINTING EQUIPMENT
WHEREAS, the FAA approved the use of land sale revenues to purchase painting
equipment for the Airport; and
WHEREAS, the painting equipment was returned to the manufacturer and the funds are
to be returned to the Airport Improvement Trust Fund; now, therefore
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funds in the amount of $36,938.00 are hereby authorized to be transferred from the 2016
Airport Fund to the Airport Improvement Trust Fund.
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.
SECTION3
This Ordinance shall become effective immediately upon final passage and approval.
INTRODUCED: December 12, 2016
BY: Ed Brown
PASSED AND APPROVED: December 27, 2016
City Clerkâs Office Item # R-5
Background Paper for Proposed
Ordinance
COUNCIL MEETING DATE: December 12, 2016
TO: President Stephen G. Nawrocki and Members of City Council
CC: Sam Azad, City Manager
VIA: Gina Dutcher, City Clerk
FROM: Ian Turner, Director of Aviation
SUBJECT: AN ORDINANCE AUTHORIZING THE TRANSFER OF $36,938.00 FROM THE
2016 AIRPORT BUDGET TO THE AIRPORT IMPROVEMENT TRUST FUND
DUE TO THE RETURN OF PAINTING EQUIPMENT
SUMMARY:
This Ordinance approves the transfer of $36,938 from the 2016 Airport Budget to the Airport
Improvement Trust Fund due to previously purchased painting equipment being returned to the
manufacturer.
PREVIOUS COUNCIL ACTION:
Ordinance No. 8994 was passed and approved on June 13, 2016 authorizing the transfer of
$36,938 from the Airport Improvement Trust Fund to the 2016 Airport fund for the purchase of
painting equipment.
BACKGROUND
Land that was deeded to the City of Pueblo as part of the transfer of the airport to the City is
heavily regulated by the FAA. When land is released for sale, the funds must be held in a separate
account. The funds can only be used for specific FAA approved expenditures. The FAA approved
the purchase of painting equipment in calendar year 2016. However, once the equipment was
obtained, it did not paint properly. After working with the manufacturer and having no success,
the painting machine was returned.
Since the funds were not expended for the FAA approved purpose, they must be returned to the
Airport Improvement Trust Fund for future approved expenditures.
The need for this painting equipment was recently noted during the FAA Part 139 certification
inspection completed earlier this year. The FAA has agreed that these funds may be used to
purchase this equipment. This need will be addressed in 2017.
FINANCIAL IMPLICATIONS:
Funds in the amount of $36,938 will be transferred from the 2016 Airport Fund into the Airport
Improvement Trust Fund.
BOARD/COMMISSION RECOMMENDATION:
None.
STAKEHOLDER PROCESS:
None.
ALTERNATIVES:
If these funds are not transferred now, then, in the future, the Airport Improvement Trust Fund will
need to be replenished using an unknown funding source.
RECOMMENDATION
The Department of Aviation recommends the transfer of the funds.
Attachments:
Ordinance No. 8994