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HomeMy WebLinkAbout14801RESOLUTION NO. 14801 A RESOLUTION AUTHORIZING PAYMENT FROM THE COUNCIL CONTINGENCIES ACCOUNT IN THE 2022 GENERAL FUND BUDGET TO THE PUEBLO AFRICAN AMERICAN CONCERN ORGANIZATION (PAACO), A COLORADO NONPROFIT CORPORATION, IN THE AMOUNT OF $750 TO SPONSOR A TABLE FOR THE ANNUAL STARS AND LIGHTS DINNER & DANCE BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Payment in the amount of $750 from the Council Contingencies Account in the 2022 General Fund Budget is authorized to be paid to the Pueblo African American Concern Organization (PAACO) for sponsorship of a table for the Annual Stars and Lights Dinner & Dance. SECTION 2. The officers and staff of the City are authorized to perform any and all acts consistent with this Resolution to implement the transaction described herein. SECTION 3. This Resolution shall become effective upon passage and approval. INTRODUCED January 24, 2022 BY: Dennis Flores MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: CITY CLERK City Clerk’s Office Item # Q-3 Background Paper for Proposed RESOLUTION COUNCIL MEETING DATE: January 24, 2022 TO: President Heather Graham and Members of City Council CC: Nicholas A. Gradisar, Mayor VIA: Marisa Stoller, City Clerk FROM: City Council Member Vicente Martinez Ortega SUBJECT: A RESOLUTION AUTHORIZING PAYMENT FROM THE COUNCIL CONTINGENCIES ACCOUNT IN THE 2022 GENERAL FUND BUDGET TO THE PUEBLO AFRICAN AMERICAN CONCERN ORGANIZATION (PAACO), A COLORADO NONPROFIT CORPORATION, IN THE AMOUNT OF $750 TO SPONSOR A TABLE FOR THE ANNUAL STARS AND LIGHTS DINNER & DANCE SUMMARY: Attached for consideration is a request for sponsorship for the Annual Stars and Lights Dinner & Dance. PREVIOUS COUNCIL ACTION: No previous action. BACKGROUND: City Council Member Vicente Martinez Ortega is requesting $750 from the City Council Contingencies account to sponsor a table at the Annual Stars and Lights Dinner & Dance being held on February 5, 2022. The organization’s goal is to increase the number of African-American students entering into and graduating from an institution of higher learning. One way this goal is accomplished is by providing academic scholarships to qualified African-American and other minority students who need financial assistance to complete their education. PAACO has provide over 300scholarships to deserving students over the past twenty- eight years. FINANCIAL IMPLICATIONS: Funds in the amount of $750 would be paid from the Council Contingencies Account in the 2022 General Fund Budget to the Pueblo African American Concern Organization. BOARD/COMMISSION RECOMMENDATION: Not Applicable. STAKEHOLDER PROCESS: Not Applicable. ALTERNATIVES: City Council could choose not to authorize funding for this request. RECOMMENDATION: This Resolution is at the request of City Council Member Vicente Martinez Ortega. Attachments: Resolution Sponsorship Request Contingencies spreadsheet BALANCE IN 2021 CONTINGENCIES ACCOUNT DATEDEBITCREDITBALANCE Beginning Balance $ 100,000.00 Pueblo United Way Mentoring Collaborative Community Event 1/24/22$ 99,500.00500.00$ 1/24/22PAACO Annual Stars and Lights Dinner & Dance$ 98,750.00750.00$ $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00 $ 98,750.00