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HomeMy WebLinkAbout15367RESOLUTION NO. 15367 A RESOLUTION AUTHORIZING THE TRANSFER OF BUDGETED AND APPROPRIATED FUNDS IN THE AMOUNT OF $40,106.72 FROM ACCOUNT PROJECT NO. HU1502 - MAIN ST/UNION AVE BRIDGE OVERLAY TO ACCOUNT PROJECT NO. HUAN05 - BRIDGE REPAIRS. BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that SECTION 1. The transfer of previously budgeted and appropriated funds in the amount of $40,106.72 from account Project No. HU1502 - Main St/Union Avenue Bridge Overlay to account Project No. HUAN05 - Bridge Repairs is hereby approved. SECTION 2. The officers 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: September 11, 2023 BY: Vicente Martinez Ortega MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: CITY CLERK City Clerk's Office Item # M2 Background Paper for Proposed Resolution COUNCIL MEETING DATE: September 11, 2023 TO: President Heather Graham and Members of City Council CC: Mayor Nicholas A. Gradisar VIA: Marisa Stoller, City Clerk FROM: Andrew Hayes, Public Works Director SUBJECT: A RESOLUTION AUTHORIZING THE TRANSFER OF BUDGETED AND APPROPRIATED FUNDS IN THE AMOUNT OF $40,106.72 FROM ACCOUNT PROJECT NO. HU1502 - MAIN ST/UNION AVE BRIDGE OVERLAY TO ACCOUNT PROJECT NO. HUAN05 - BRIDGE REPAIRS. SUMMARY: This resolution approves the transfer of previously budgeted and appropriated funds in the amount of $40,106.72 from account Project No. HU1502 - Main St/Union Avenue Bridge Overlay to account Project No. HUAN05 - Bridge Repairs. PREVIOUS COUNCIL ACTION: None. BACKGROUND: Additional balusters were required to be replaced along with stabilizing and repairing the plinth and rail. This additional funding will be used to cover the cost of the change order. FINANCIAL IMPLICATIONS: Transferring these funds as described herein will ensure there are appropriate funds available in account Project No. HUAN05. BOARD/COMMISSION RECOMMENDATION: Not applicable to this resolution. STAKEHOLDER PROCESS: Not applicable to this resolution. ALTERNATIVES: If this resolution is not approved by the City Council, the required funds will not be allocated to Project HUAN05. RECOMMENDATION: Approval of the resolution. ATTACHMENTS: None