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HomeMy WebLinkAbout07246ORDINANCE NO. 7246 AN ORDINANCE AMENDING THE 2005 CITY BUDGET, BY TRANSFERRING $35,000 FROM GENERAL FUND RESERVES AND APPROPRIATING THAT AMOUNT FOR USE BY THE PUEBLO HISTORICAL AIRCRAFT SOCIETY FOR BUILDING CONSTRUCTION NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: .qFrTlnN 1 The Pueblo City Council increases the budget by $35,000 to fund building construction at the Pueblo Weisbrod Aircraft Museum. .qFrTInN 9 Funds shall be appropriated from General Fund Reserves. INTRODUCED December 13, 2004 BY Michael Occhiato D o ID Background Paper for Proposed ORDINANCE AGENDA ITEM #9 o DATE: DECEMBER 13, 2004 DEPARTMENT: CITY MANAGER, DAVID GALLI TITLE AN ORDINANCE AMENDING THE 2005 CITY BUDGET, BY TRANSFERRING $35,000 FROM GENERAL FUND RESERVES AND APPROPRIATING THAT AMOUNT FOR USE BY THE PUEBLO HISTORICAL AIRCRAFT SOCIETY FOR BUILDING CONSTRUCTION. ISSUE Should the City Council use General Fund Reserves to fund building construction at the Pueblo Weisbrod Aircraft Museum? RECOMMENDATION Approval of Ordinance. BACKGROUND The Pueblo Historical Aircraft Society has requested that The City provide $35,000 toward the construction of additional warehouse and hanger facilities at the Pueblo Weisbrod Aircraft Museum. FINANCIAL IMPACT This action will require that $35,000 be transferred from the City's General Fund Reserves.