HomeMy WebLinkAbout07795ORDINANCE NO. 7795
AN ORDINANCE AUTHORIZING THE TRANSFER OF $25,000 FROM THE CUSTOMER
DEPOSITS FUND TO THE 2008 AIRPORT FUND FOR THE PURCHASE OF AN AIRPORT
SECURITY VEHICLE AND BUDGETING AND APPROPRIATING FOR SAME
WHEREAS, the current Airport Security vehicle is in need of replacement; and
WHEREAS, funds are available in the Customer Deposits Fund for this purchase; now,
therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funds in the amount of $25,000 are hereby authorized to be transferred from the Customer
Deposits Fund to the 2008 Airport Fund.
SECTION 2.
Said funds are hereby budgeted and appropriated for the purchase of an Airport Security
Vehicle.
INTRODUCED April 28, 2008
E X
Background Paper for Proposed
ORDINANCE
AGENDA ITEM # -j ;
DATE: April 28, 2008
DEPARTMENT: AVIATION - JERRY BRIENZA, DIRECTOR OF AVIATION
TITLE
AN ORDINANCE AUTHORIZING THE TRANSFER OF $25,000 FROM THE
CUSTOMER DEPOSITS FUND TO THE 2008 AIRPORT FUND FOR THE
PURCHASE OF AN AIRPORT SECURITY VEHICLE AND BUDGETING AND
APPROPRIATING FOR SAME
ISSUE
Should City Council approve the transfer of funds from the Customer Deposits Fund to
the 2008 Airport Fund for the purchase of a security vehicle.
RECOMMENDATION
Approval of this ordinance.
BACKGROUND
The Airport Security vehicle needs to be replaced, as it is no longer cost effective to
repair the vehicle.
FINANCIAL IMPACT
In years past, monies received from the aviation fuel tax were kept in the Customer
Deposits Fund and must be used for aviation purposes. There are sufficient funds
available on deposit for this purchase. The amount of $25,000 will be transferred from
the Customer Deposits Fund to the 2008 Airport Fund.