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HomeMy WebLinkAbout14969 RESOLUTION NO. 14969 A RESOLUTION ESTABLISHING PROJECT CI2212 – ICE ARENA COOLING TOWER PROJECT, TRANSFERRING $37,600.47 FROM CAPITAL PROJECTS CI1811 AND CI1111 INTO PROJECT CI2212, AND AUTHORIZING THE TRANSFER OF $42,399.53 FROM LOTTERY PROJECTS LT1113, LT1402, LT1701, LT1902, AND LT2201 INTO PROJECT LT2202 – ICE ARENA COOLING TOWER REPLACEMENT PROJECT WHEREAS, the City of Pueblo wishes to replace the cooling tower for the Pueblo Ice Arena; and WHEREAS, the replacement of the cooling tower at the Pueblo Ice Arena is an allowable capital improvement for recreation purposes on a public site for which Lottery Conservation Trust Funds may be expended; and WHEREAS, the City of Pueblo wishes to expend Lottery Conservation Trust Funds and other sums retained by the City to replace the cooling tower for the Pueblo Ice Arena; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funds in the amount of $19,096.10 are hereby transferred from Project LT1113 into Project LT2202. Funds shall only be expended and used for this Project. SECTION 2. Funds in the amount of $7,855.19 are hereby transferred from Project LT1402 into Project LT2202. Funds shall only be expended and used for this Project. SECTION 3. Funds in the amount of $6,865.54 are hereby transferred from Project LT1701 into Project LT2202. Funds shall only be expended and used for this Project. SECTION 4. Funds in the amount of $5,522 are hereby transferred from Project LT1902 into Project LT2202. Funds shall only be expended and used for this Project. SECTION 5. Funds in the amount of $3,060.70 are hereby transferred from Project LT2201 into Project LT2202. Funds shall only be expended and used for this Project. SECTION 6. Project No. CI2212 - ICE ARENA COOLING TOWER REPLACEMENT PROJECT is hereby established. SECTION 7. Funds in the amount of $21,474.00 are hereby transferred from Project CI1811 into Project CI2212. Funds shall only be expended and used for this Project. SECTION 8. Funds in the amount of $16,126.47 are hereby transferred from Project CI1111 into Project CI2212. Funds shall only be expended and used for this Project. SECTION 9. The officers and staff of the City are authorized to perform any and all acts consistent with the intent of this Resolution to implement the policies and procedures described therein. SECTION 10. This Resolution shall become effective immediately upon passage and approval. INTRODUCED August 22, 2022 BY: Vicente Martinez Ortega MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: CITY CLERK City Clerk’s Office Item # M-2 Background Paper for Proposed Resolution COUNCIL MEETING DATE: August 22, 2022 TO: President Heather Graham and Members of City Council CC: Nicholas A. Gradisar, Mayor VIA: Marisa Stoller, City Clerk FROM: Steven Meier, Director of Parks and Recreation SUBJECT: A RESOLUTION ESTABLISHING PROJECT CI2212 – ICE ARENA COOLING TOWER PROJECT, TRANSFERRING $37,600.47 FROM CAPITAL PROJECTS CI1811 AND CI1111 INTO PROJECT CI2212, AND AUTHORIZING THE TRANSFER OF $42,399.53 FROM LOTTERY PROJECTS LT1113, LT1402, LT1701, LT1902, AND LT2201 INTO PROJECT LT2202 – ICE ARENA COOLING TOWER REPLACEMENT PROJECT SUMMARY: This Resolution establishes Capital Project CI2212 - ICE ARENA COOLING TOWER REPLACEMENT PROJECT, transfers $37,600.47 from Capital Projects CI1811 and CI1111 into the said project and authorizes the transfer of funds from several existing Lottery (LT) project accounts in the amount of $42,399.53 into Capital Project LT2202 – ICE ARENA COOLING TOWER REPLACEMENT PROJECT. PREVIOUS COUNCIL ACTION: Not applicable to this Resolution. BACKGROUND: Earlier this year, the City advertised for competitive bids to replace the existing cooling tower at the Pueblo Ice Arena. The cooling tower currently in operation at the Pueblo Ice Arena was installed in 2007 and is undersized for the needs of the facility. Being undersized has resulted in the ice plant and associated equipment continually operating in order to keep up with and sustain the ice, which in turn increases maintenance and utility expenses. Bid No. 22-033 was advertised May 17, 2022. A single proposal was received by the deadline, which exceeded the project’s budget. Additional funds are required to complete the project without major delays. FINANCIAL IMPLICATIONS: The total project cost is $180,000. Initial funding for this project has been budgeted and appropriated in Capital Project No. LT2202 – ICE ARENA COOLING TOWER REPLACEMENT in the amount of $100,000. Additional funding required to complete the project will be transferred from several existing Lottery (LT) project accounts in the total amount of $42,399.53 into Project LT2202. The balance of the funding required will be transferred from existing capital improvement project accounts in the total amount of $37,600.47 into Project CI2212. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Resolution. STAKEHOLDER PROCESS: Not applicable to this Resolution. ALTERNATIVES: The City will not be able to replace the Ice Arena cooling tower if this Resolution is not approved. RECOMMENDATION: Approval of the Resolution. Attachments: Resolution