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HomeMy WebLinkAbout09241 ORDINANCE NO. 9241 AN ORDINANCE ESTABLISHING THE REPLACEMENT OF A TRIPLE COMBINATION FIRE PUMPER AND ALL ASSOCIATED EQUIPMENT PROJECT CI1814, BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $488,950 FOR SAID PROJECT BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Finance Project No. CI1814 is hereby established for the replacement of a triple combination fire pumper. The amount of $488,950 is hereby budgeted and appropriated to said project. SECTION. 2. Funds in the amount of $488,950 are hereby authorized to be transferred and expended from the General Fund to finance Project No. CI1814, and made available out of said project, contingent upon the execution of a lease agreement with Branch Bank and Trust. SECTION 3. The officers of the City are directed and authorized to perform any and all acts consistent with the intent of this Ordinance. SECTION 4. This Ordinance shall become effective immediately upon final passage and approval. INTRODUCED: February 12, 2018 BY: Ed Brown MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: ACTING CITY CLERK PASSED AND APPROVED: February 26, 2018 City Clerk’s Office Item # R-10 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: February 12, 2018 TO: President Christopher A. Nicoll and Members of City Council CC: Sam Azad, City Manager VIA: Brenda Armijo, Acting City Clerk FROM: Shawn Shelton, Fire Chief – Fire Department SUBJECT: AN ORDINANCE ESTABLISHING THE REPLACEMENT OF A TRIPLE COMBINATION FIRE PUMPER AND ALL ASSOCIATED EQUIPMENT PROJECT CI1814, BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $488,950 FOR SAID PROJECT SUMMARY: This Ordinance establishes Finance Project No. CI1814 for a Triple Combination Fire Pumper and all associated equipment., and budgets and appropriates funds in the amount of $488,950 therefore. PREVIOUS COUNCIL ACTION: None. BACKGROUND: This Ordinance appropriates funds to replace a nineteen-year-old Pierce Skyboom Fire Pumper with a new 2018, Spartan triple combination fire pumper. The existing pumper is nearing the end of its useful service life and is in need of replacement. This project also includes funds to purchase associated mission critical equipment related to the new fire pumper. FINANCIAL IMPLICATIONS: This project is being funded through a financing agreement with Branch Banking and Tust company with an annual payment of $91,112.41 beginning February 1, 2019. BOARD/COMMISSION RECOMMENDATION: Not applicable. STAKEHOLDER PROCESS: Not applicable. ALTERNATIVES: If the agreement is not approved, the alternative is to continue use of the old fire engine, absorbing all future maintenance costs. RECOMMENDATION: Approval of the Ordinance. Attachments: None