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HomeMy WebLinkAbout14895 RESOLUTION NO. 14895 A RESOLUTION TRANSFERRING $36,000 IN THE SOUTHPOINTE SPECIAL IMPROVEMENT MAINTENANCE DISTRICT BUDGET FROM THE “PROJECTS TO BE DETERMINED” OPERATING BUDGET LINE ACCOUNT INTO THE “REPAIR & MAINTENANCE” OPERATING BUDGET LINE ACCOUNT BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the amount of $36,000.00 in the SouthPointe Special Improvement Maintenance District Budget will be transferred from the “Projects To Be Determined” operating budget line account to the “Repair & Maintenance” operating budget line account. SECTION 2. The officers and staff of the City are authorized to perform any and all acts consistent with this Resolution to implement the policies and procedures described herein. SECTION 3. This Resolution shall become effective immediately upon passage and approval. INTRODUCED May 23, 2022 BY: Vicente Martinez Ortega MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: DEPUTY CITY CLERK City Clerk’s Office Item # M-6 Background Paper for Proposed Resolution COUNCIL MEETING DATE: May 23, 2022 TO: President Heather Graham and Members of City Council CC: Mayor Nicholas A. Gradisar VIA: Marisa Stoller, City Clerk FROM: Steven Meier, Director of Parks and Recreation SUBJECT: A RESOLUTION TRANSFERRING $36,000 IN THE SOUTHPOINTE SPECIAL IMPROVEMENT MAINTENANCE DISTRICT BUDGET FROM THE “PROJECTS TO BE DETERMINED” OPERATING BUDGET LINE ACCOUNT INTO THE “REPAIR & MAINTENANCE” OPERATING BUDGET LINE ACCOUNT SUMMARY: This Resolution will transfer $36,000 in funds in the SouthPointe Special Improvement Maintenance District budget from the “projects to be determined” account into the “repair and maintenance” account. PREVIOUS COUNCIL ACTION: Not applicable to this Resolution. BACKGROUND: The transferred funds will be used to complete repairs for the following four (4) projects: 1. Hollywood Sign replacement $20,000 2. Resurface Soft Surface Trail $14,000 3. Landscape at the Prairie Entrance Sign $1,000 4. Landscape at the Hollywood Sign $1,000 Total $36,000 FINANCIAL IMPLICATIONS: Not applicable to this Resolution. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Resolution. STAKEHOLDER PROCESS: SouthPointe Advisory Board approves the funded projects. ALTERNATIVES: If this Resolution is not approved, repairs will not be completed. RECOMMENDATION: Approval of the Resolution. Attachments: Proposed Resolution