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HomeMy WebLinkAbout15431RESOLUTION NO. 15431 A RESOLUTION TRANSFERRING $10,000 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 $10,000.00 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 the intent of this Resolution which are necessary or desirable to implement the transactions described herein. SECTION 3. This Resolution shall become effective immediately upon final passage. INTRODUCED: November 27, 2023 BY: Vicente Martinez Ortega MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: City Clerk's Office Item # M7 Background Paper for Proposed Resolution COUNCIL MEETING DATE: November 27, 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 $10,000 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: The Resolution will transfer $10,000 in funds in the SouthPointe Special Improvement Maintenance District budget from the "Projects to be Determined" account into the "Repair & Maintenance" account. PREVIOUS COUNCIL ACTION: Resolution No. 14970 was approved on August 22, 2022, which transferred $20,000 from the SouthPointe Special Improvement Maintenance District from the "Projects to be Determined" account into the "Repair & Maintenance" account to resurface the soft surface trail and complete existing landscape projects. BACKGROUND: The transferred funds will be used to fund additional landscape repairs and maintenance through the end of 2023. FINANCIAL IMPLICATIONS: Not applicable to this Resolution. BOARD/COMMISSION RECOMMENDATION: SouthPointe SIMD Advisory Board approves the transfer of funds. STAKEHOLDER PROCESS: Not applicable to this Resolution. ALTERNATIVES: City Council could decide not to approve this transfer and the required maintenance will not be completed. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: None