HomeMy WebLinkAbout07387ORDINANCE NO. 7387
AN ORDINANCE INCREASING THE FUNDING AMOUNT IN PROJECT NO. AP0501, AIRPORT
LAYOUT PLAN UPDATE, TO $157,895.00
WHEREAS, the City of Pueblo has received additional Federal Grant funds in the amount
of $8,000.00 and additional State Grant funds in the amount of $197.50 and is required to match
the grant funds by an increase to the City funds of $197.50 under Project No. AP0501; now,
therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funding for Project No. AP0501 is hereby increased to $157,895.00 including additional
City match funds of $197.50, which are hereby transferred from previously appropriated funds in
the Airport Operating Budget.
INTRODUCED September 26, 2005
BY Michael Occhiato
Councilperson
APPROVED:
PREStDENT 9F CITY C IL
ATTESTED BY:
CITY CLERIC
PASSED AND APPROVED October 11, 2005
Background Paper for Proposed
ORDINANCE
OM . W 7387
AGENDA ITEM # !
DATE: September 26, 2005
DEPARTMENT: AVIATION - DANIEL E. CENTA, P.E.
TITLE
AN ORDINANCE INCREASING THE FUNDING AMOUNT IN PROJECT NO.
AP0501, AIRPORT LAYOUT PLAN UPDATE, TO $157,895.00
ISSUE
Should City Council approve an ordinance related to increasing the funding amount in
Project No. AP0501 due to increased grant funds.
Approval of this Ordinance.
BACKGROUND
Due to increased funding from the Federal and State grants, funds needed in Project No.
AP0501 are increased from $150,000.00 to $157,895.00.
FINANCIAL IMPACT
The City's matching funds will need to be increased by $197.50. City matching funds
will be derived from previously appropriated funds in the Airport Operating Budget.