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HomeMy WebLinkAbout09409ORDINANCE NO. 9409 AN ORDINANCE TRANSFERRING FUNDS IN THE AMOUNT OF $100,000 FROM PROJECT HU1204 AND FUNDS IN THE AMOUNT OF $50,000 FROM PROJECT SW1904 TO PROJECT PL0804 CITY CENTER AND SANTA FE STREETSCAPE AND BUDGETING AND APPROPRIATING ADDITIONAL FUNDS IN THE AMOUNT OF $150,000 TO SAID PROJECT WHEREAS, Capital Project PL0804 - City Center and Santa Fe Streetscape is an established Project in need of additional funds for completion; and, WHEREAS, funds are available for use from Projects HU1204 and SW1904; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the amount of $100,000 are hereby authorized to be transferred, expended, and st made available out of Capital Project HU1204 - Traffic Signal Rebuild, 1 and Santa Fe Project and are hereby budgeted and appropriated to Capital Project PL0804 - City Center and Santa Fe Streetscape Project. SECTION 2. Funds in the amount of amount of $50,000 are hereby authorized to be transferred, expended, and made available out of Capital Project SW1904 - Stormwater Manhole Installation, City Center and Santa Fe Project and are hereby budgeted and appropriated to Capital Project PL0804 - City Center and Santa Fe Streetscape Project. SECTION 3. The officers and staff of the City are authorized and directed to perform any and all acts consistent with this Ordinance to implement the policies and procedures established herein. SECTION 4. This Ordinance shall become effective on the date of final action by the Mayor and City Council. Action by City Council: Introduced and initial adoption of Ordinance by City Council on January 28, 2019_____. Final adoption of Ordinance by City Council on February 11, 2019 . President of City Council Action by the Mayor: ☒ Approved on February 13, 2019 . □ Disapproved on based on the following objections: _ Mayor Action by City Council After Disapproval by the Mayor: □ Council did not act to override the Mayor's veto. □ Ordinance re-adopted on a vote of , on □ Council action on _______ failed to override the Mayor’s veto. President of City Council ATTEST Acting City Clerk City Clerk’s Office Item # R-4 BACKGROUND PAPER FOR PROPOSED ORDINANCE COUNCIL MEETING DATE: January 28, 2019 TO: President Dennis E. Flores and Members of City Council CC: Sam Azad, City Manager VIA: Brenda Armijo, Acting City Clerk FROM: Steven Meier, Director of Planning and Community Development SUBJECT: AN ORDINANCE TRANSFERRING FUNDS IN THE AMOUNT OF $100,000 FROM PROJECT HU1204 AND FUNDS IN THE AMOUNT OF $50,000 FROM PROJECT SW1904 TO PROJECT PL0804 CITY CENTER AND SANTA FE STREETSCAPE AND BUDGETING AND APPROPRIATING ADDITIONAL FUNDS IN THE AMOUNT OF $150,000 TO SAID PROJECT SUMMARY: This Ordinance transfers money from Projects HU1204 and SW1904 to Project PL0804, City Center and Santa Fe Streetscape and budgets and appropriates the additional funds to the same Project. PREVIOUS COUNCIL ACTION: None. BACKGROUND: Staff is recommending transferring money from the HU1204 Project and the SW1904 Project in order to fund the following items for the PL0804, City Center and Santa Fe Streetscape Project:  st Funds in the amount of $100,000 from the HU1204 - Traffic Signal Rebuild, 1 and Santa Fe Project will help supplement existing project budget for the traffic signalization.  Funds in the amount of $50,000 from SW1904 Stormwater Manhole Installation, City Center and Santa Fe Project will help supplement existing project budget for the construction of a new stormwater manhole and stormwater inlets. FINANCIAL IMPLICATIONS: Funds will be transferred from Projects HU1204 and SW1904 and will be budgeted and appropriated to the PL0804, City Center and Santa Fe Streetscape Project. BOARD/COMMISSION RECOMMENDATION: Not Applicable STAKEHOLDER PROCESS: Not Applicable ALTERNATIVES: Denial of the Ordinance will delay the City Center and Santa Fe Streetscape Project. RECOMMENDATION : Approval of the Ordinance. Attachments: None