HomeMy WebLinkAbout09407
City Clerk’s Office Item #
R-2
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, Parks and Recreation Director
SUBJECT:
AN ORDINANCE TRANSFERRING, BUDGETING AND
APPROPRIATING INSURANCE PROCEEDS IN THE AMOUNT OF
$79,737.63 INTO CAPITAL PROJECT NO. CIAN22 – ROOF
MAINTENANCE AND REPAIR FOR HAIL DAMAGE REPAIRS AT
PUEBLO MOUNTAIN PARK’S HORSESHOE LODGE AND
AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE
THE SAME
SUMMARY:
This Ordinance transfers, budgets and appropriates insurance proceeds in the amount of
$79,737.63 for the replacement of the roof that was damaged by hail at Pueblo Mountain
Park’s Horseshoe Lodge.
PREVIOUS COUNCIL ACTION:
None.
BACKGROUND:
In 2017, the Horseshoe Lodge in Pueblo Mountain Park sustained significant roof damage
caused by a major hail storm.
FINANCIAL IMPLICATIONS:
CIRSA issued a portion of the insurance settlement of $32,546.77 to the City in
November 2018. When the roof is replaced, the balance of the insurance settlement in
the amount of $47,190.86 will also be issued as payment to the City. The total amount
of the insurance proceeds is $79,737.63 and will transfer the $32,546.77 from the
unappropriated fund balance of the self-insurance fund, budgeted and appropriated to
Capital Project No. CIAN22 – Roof Replacement and Repair.
BOARD/COMMISSION RECOMMENDATION:
None.
STAKEHOLDER PROCESS:
None
ALTERNATIVES:
Denying the Ordinance will cause the proceeds to be returned and the project canceled.
RECOMMENDATION:
Approval of the Ordinance.
Attachment:
None
ORDINANCE NO. 9407
AN ORDINANCE TRANSFERRING, BUDGETING AND
APPROPRIATING INSURANCE PROCEEDS IN THE AMOUNT
OF $79,737.63 INTO CAPITAL PROJECT NO. CIAN22 – ROOF
MAINTENANCE AND REPAIR FOR HAIL DAMAGE REPAIRS AT
PUEBLO MOUNTAIN PARK’S HORSESHOE LODGE AND
AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO
EXECUTE THE SAME
WHEREAS, in the spring of 2017, the Horseshoe Lodge located at the Pueblo Mountain
Park, 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.
Funds in the amount of $32,546.77 are hereby transferred from the unappropriated fund
balance of the self-insurance fund to Capital Project No. CIAN22 - Roof Maintenance and Repair.
SECTION 3.
Upon receipt, insurance proceeds in the amount of $47,190.86 shall be budgeted,
appropriated, and transferred into Capital Project No. CIAN22 - Roof Maintenance and Repair.
SECTION 4.
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 5.
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