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HomeMy WebLinkAbout15085 RESOLUTION NO. 15085 A RESOLUTION TRANSFERRING $588,119 FROM THE AIRPORT FUND TO PROJECT NO. AP2204 - EAST GA APRON REHABILITATION BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that SECTION 1. Funds in the amount of $588,119.00 are hereby transferred from the Airport Fund to Project No. AP2204. 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: December 12, 2022 BY: Vicente Martinez Ortega MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: CITY CLERK City Clerk's Office Item # M3 Background Paper for Proposed Presentation COUNCIL MEETING DATE: December 12, 2022 TO: President Heather Graham and Members of City Council CC: Mayor Nicholas A. Gradisar VIA: Marisa Stoller, City Clerk FROM: Greg Pedroza, Director Aviation SUBJECT: A RESOLUTION TRANSFERRING $588,119 FROM THE AIRPORT FUND TO PROJECT NO. AP2204 - EAST GA APRON REHABILITATION SUMMARY: This Resolution transfers $588,119.00 from the Airport Fund to Project No. AP2204 – East GA Apron Rehabilitation. PREVIOUS COUNCIL ACTION: Ordinance No. 10159 approved by City Council on April 27, 2022, established Project No. AP2204. BACKGROUND: The Pueblo Memorial Airport was awarded grants in accordance with the American Rescue Plan Act (“ARPA”, Public Law 117-2) and Coronavirus Response and Relief Supplemental Appropriation Act, 2021 (“CRRSA”) to provide funding costs related to operations, personnel, cleaning, sanitization, janitorial services, and debt services payments. FINANCIAL IMPLICATIONS: Funds in the amount of $588,119.00 are being transferred from the Airport Fund to Project No. AP2204 because of payroll savings due to previously awarded ARPA and CARES Act grants. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Resolution. STAKEHOLDER PROCESS: Not applicable to this Resolution. ALTERNATIVES: If this Resolution is not approved, the Pueblo Memorial Airport will not be able to utilize payroll savings to help fund the East GA Apron Rehabilitation project. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: None