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HomeMy WebLinkAbout10157ORDINANCE NO. 10157 AN ORDINANCE CREATING PROJECT PT2201 SHOP TRUCK REPLACEMENT, BUDGETING AND APPROPRIATING INSURANCE PROCEEDS IN THE AMOUNT OF $18,250 INTO PROJECT PT2201 WHEREAS, in 2021, Unit 19 sustained major damage in a vehicle accident rendering the vehicle inoperable for use. WHEREAS, the City has received proceeds from the insurance company for the costs to replace the vehicle; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Project No. PT2201 Shop Truck Replacement is hereby established SECTION 2. Insurance proceeds in the amount of $18,250.00 shall be budgeted and appropriated into Pueblo Transit Project PT2201 Shop Truck Replacement and will be used to replace the vehicle. SECTION 3. The officers and staff of the City are authorized to perform any and all acts consistent with the intent of the Ordinance to implement the policies and procedures described 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 April 11, 2022 . Final adoption of Ordinance by City Council on April 25, 2022 . President of City Council Action by the Mayor: ☒ Approved on April 27, 2022 . □ 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 City Clerk City Clerk’s Office Item # R-2 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: April 11, 2022 TO: President Heather Graham and Members of City Council CC: Mayor Nicholas A. Gradisar VIA: Marisa Stoller, City Clerk FROM: Benjamin Valdez, Director of Transit SUBJECT: AN ORDINANCE CREATING PROJECT PT2201 SHOP TRUCK REPLACEMENT, ACCEPTING BUDGETING AND APPROPRIATING INSURANCE PROCEEDS IN THE AMOUNT OF $18,250 INTO PROJECT PT2201 SUMMARY: This Ordinance budgets and appropriates insurance proceeds in the amount of $18,250.00 for the replacement of a Pueblo Transit Maintenance Vehicle that was damaged beyond repair in a vehicle accident PREVIOUS COUNCIL ACTION: None. BACKGROUND: In 2021, unit 19 sustained major damage in a vehicle accident rendering the vehicle inoperable for use. Resolution of the City’s insurance claim provides for payment by the insurance company for replacement costs. FINANCIAL IMPLICATIONS: Pueblo Transit will be responsible for the replacement to Unit 19. Insurance proceeds in the amount of $18,250.00 have already been received by Pueblo Transit. BOARD/COMMISSION RECOMMENDATION: Pueblo Transit Board recommends approval. STAKEHOLDER PROCESS: Not applicable to this Ordinance. ALTERNATIVES: Should this Ordinance not pass, Pueblo Transit would have to make up the $18,250.00 received through the insurance settlement RECOMMENDATION: Approval of the Ordinance.