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ORDINANCE NO. 9181
AN ORDINANCE BUDGETING AND APPROPRIATING
INSURANCE PROCEEDS IN THE AMOUNT OF $2,466,113.62
FOR HAIL DAMAGE REPAIRS AND DEPOSITING SAID FUNDS
INTO CAPITAL PROJECT NO. CI1502 – ROOF
REPLACEMENTS, AND AUTHORIZING THE PRESIDENT OF
CITY COUNCIL TO EXECUTE THE SAME
WHEREAS, in the summer of 2015, the buildings located at the Pueblo Municipal Airport
experienced a major hail storm; and
WHEREAS, the City has received proceeds from the insurance company for the costs to
repair such damages; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Upon receipt, insurance proceeds in the amount of $2,466,113.62 shall be budgets,
appropriated, and transferred into Capital Project No. CI1502 – Roof Replacements.
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.
SECTION 3.
This Ordinance shall become effective immediately upon final passage and approval.
INTRODUCED September 25, 2017
BY: Ed Brown
PASSED AND APPROVED: October 10, 2017
City Clerk’s Office Item # R-3
Background Paper for Proposed
Ordinance
COUNCIL MEETING DATE: September 25, 2017
TO: President Stephen G. Nawrocki and Members of City Council
CC: Sam Azad, City Manager
VIA: Gina Dutcher, City Clerk
FROM: Earl Wilkinson, Director of Public Works
SUBJECT: AN ORDINANCE BUDGETING AND APPROPRIATING INSURANCE
PROCEEDS IN THE AMOUNT OF $2,466,113.62 FOR HAIL DAMAGE REPAIRS
AND DEPOSITING SAID FUNDS INTO CAPITAL PROJECT NO. CI1502 – ROOF
REPLACEMENTS, AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL
TO EXECUTE THE SAME
SUMMARY:
This Ordinance budgets and appropriates insurance proceeds in the amount of $2,466,113.62 for
the replacements of roofs damaged by hail at the Pueblo Municipal Airport.
PREVIOUS COUNCIL ACTION:
Previous ordinances have been passed and approved by council.
BACKGROUND:
In 2015 the main terminal, hangers, and other buildings at the Pueblo Municipal Airport sustained
significant roof damage caused by a major hail storm. Resolution of the City’s insurance claim
provides for payment by the insurance company for repair of damages.
FINANCIAL IMPLICATIONS:
Funds in the amount of $2,466,113.62 will be deposited into CI1502 – Roof Replacements and
will be used to repair the hail damage.
BOARD/COMMISSION RECOMMENDATION:
None
STAKEHOLDER PROCESS:
Not Applicable
ALTERNATIVES:
Denial of ordinance will cause the proceeds to be return and the project canceled.
RECOMMENDATION
:
Approval of the Ordinance.
Attachments: None