HomeMy WebLinkAbout09400
ORDINANCE NO. 9400
AN ORDINANCE BUDGETING AND APPROPRIATING
INSURANCE PROCEEDS FROM THE UNAPPROPRIATED
TRANSIT FUND BALANCE IN THE AMOUNT OF $20,460.23 FOR
A DAMAGED BUS AND DEPOSITING SAID FUNDS INTO 2019
PUEBLO TRANSIT OPERATING BUDGET
WHEREAS, on November 21, 2018, Pueblo Transit bus 101 was involved in an accident
resulting in significant damage; and
WHEREAS, the City has received proceeds from the insurance company in the amount
of $20,460.23 for the damages; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Insurance proceeds in the amount of $20,460.23 shall be budgeted, appropriated and
deposited into Pueblo Transit’s 2019 Operating Budget.
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 and the attached agreement to effectuate the
transactions described therein.
SECTION 3.
This Ordinance shall become effective immediately upon final passage.
INTRODUCED: January 14, 2019
BY: Ed Brown
MEMBER OF CITY COUNCIL
APPROVED:
PRESIDENT OF CITY COUNCIL
ATTESTED BY:
ACTING CITY CLERK
PASSED AND APPROVED: January 28, 2019
City Clerk’s Office Item # R-2
Background Paper for Proposed
Ordinance
COUNCIL MEETING DATE: January 14, 2019
TO: President Christopher A. Nicoll and Members of City Council
CC: Sam Azad, City Manager
VIA: Brenda Armijo, Acting City Clerk
FROM: Pepper Whittlef, Acting Director of Transit
SUBJECT: AN ORDINANCE BUDGETING AND APPROPRIATING INSURANCE
PROCEEDS FROM THE UNAPPROPRIATEDTRANSIT FUND BALANCE IN
THE AMOUNT OF $20,460.23 FOR A DAMAGED BUS AND DEPOSITING SAID
FUNDS INTO 2019 PUEBLO TRANSIT OPERATING BUDGET
SUMMARY:
The attached ordinance budgets and appropriates insurance proceeds for damages sustained to
a transit bus in an accident that occurred in November 2018.
PREVIOUS COUNCIL ACTION:
None
BACKGROUND:
Pueblo Transit bus 101 was damaged in an accident on November 21, 2018. The bus was hit by
a pick-up truck that ran a red signal indication at the intersection of Pueblo Blvd & Hollywood
Drive. The value of damages is $20,460.23. This ordinance will budget and appropriate the
insurance proceeds into 2019 Pueblo Transit Operating Budget to purchase the replacement
parts for the bus.
FINANCIAL IMPLICATIONS:
None
BOARD/COMMISSION RECOMMENDATION:
Pueblo Transit Board recommends approval.
STAKEHOLDER PROCESS:
Not applicable.
ALTERNATIVES:
Should this Ordinance not pass, funds for the replacement parts will come from the 2019 Pueblo
Transit Operating Budget.
RECOMMENDATION:
Approval of the Ordinance.