HomeMy WebLinkAbout06870ORDINANCE NO. 6870
AN ORDINANCE APPROPRIATING $92,419.97 TO THE CAPITAL PROJECTS FUND FOR
THE 29 STREET WIDENING PROJECT
WHEREAS, in 1999 the City entered into an agreement with Rite Aid Corporation and
subsequent successors and assigns to contribute funds toward the widening of 29 Street.
WHEREAS, there is now on deposit in an escrow account $92,419.97for the widening
project.
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The amount of $92,419.97 escrow funds received and held by the City of Pueblo for the
29 Street Widening Project are hereby appropriated to the Capital Projects Fund for the
purpose of reconstructing and widening 29 Street from Elizabeth Street to Interstate 25.
SECTION 2.
Funds for 29 Street Widening Project are authorized to be expended in Project Number
CP0237 as follows; $3,096.00 to Transportation Department budget, $55,927.96 to First
National Bank — Colorado, $33,396.01 to 29 Street and Elizabeth Street intersection
improvements.
INTRODUCED July 22, 2002
BY Al Gurule
Councilperson
APPROVED: + ,,
ATTEST: resident of City Council
City C
PASSED AND APPROVED: August 12, 2002