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HomeMy WebLinkAbout15313RESOLUTION NO. 15313 A RESOLUTION TRANSFERRING $3,158.75 FROM PROJECT NO. LT2001 INTO PROJECT NO. LT1501 CITY PARK RENOVATIONS FOR ADDITIONAL EXPENSES ASSOCIATED WITH THE CITY PARK POOL PARKING LOT PROJECT BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that SECTION 1. The transfer of funds in the amount of $3,158.75 is hereby authorized from Project No. LT2001 into Project No. LT1501 City Park Renovations. SECTION 2. The officers of the City are authorized and directed to perform any and all acts consistent with the intent of this Resolution to implement the policies and procedures described herein. SECTION 3. This Resolution shall become effective immediately upon final passage. INTRODUCED: July 24, 2023 BY: Vicente Martinez Ortega MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: CITY CLERK City Clerk's Office Item # M6 Background Paper for Proposed Resolution COUNCIL MEETING DATE: July 24, 2023 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 $3,158.75 FROM PROJECT NO. LT2001 INTO PROJECT NO. LT1501 CITY PARK RENOVATIONS FOR ADDITIONAL EXPENSES ASSOCIATED WITH THE CITY PARK POOL PARKING LOT PROJECT SUMMARY: This Resolution authorizes the transfer of $3,158.75 from Project No. LT2001 into Project No. LT1501 City Park Renovations for additional expenses associated with the City Park Pool Parking Lot Project. PREVIOUS COUNCIL ACTION: Not applicable to this Resolution. BACKGROUND: On January 9, 2023, City Council approved Resolution 15126 which awarded a construction contract in the amount of $103,582.50 to Baha Construction, Inc. for Project No. 22-088 City Park Pool Parking Lot. It has been determined that the actual construction amount exceeded the contract amount by $3,167.55. The current available balance in Project No. LT1501 City Park Renovations is $8.80. FINANCIAL IMPLICATIONS: Not applicable to this Resolution. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Resolution. STAKEHOLDER PROCESS: Not applicable to this Resolution. ALTERNATIVES: City Council could elect not to allow the transfer and the contractor will not receive the additional payment to cover the excess project expenses already completed. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: None