HomeMy WebLinkAbout07891ORDINANCE NO. 7891
AN ORDINANCE APPROPRIATING AND TRANSFERRING $52,040 FROM THE
GENERAL FUND RESERVES TO PUEBLO TRANSIT FOR THE PURCHASE OF
EQUIPMENT AND AUTHORIZING THE CITY'S PURCHASING AGENT TO ISSUE A
PURCHASE ORDER TO GFI /GENFARE IN THE AMOUNT OF $276,175
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1
Funds in the amount of $52,040 are hereby appropriated and transferred to
Pueblo Transit from the general fund reserves for the purchase of equipment.
SFCTION 2
The City of Pueblo is authorized to accept the option to purchase sixteen (16)
electronic fareboxes from the Merced County Transit Authority in Merced, CA with
GFI /Genfare. The City's Purchasing Agent is authorized to issue a purchase order to
GFI /Genfare in the amount of $276,175 for such equipment.
SECTION 3
This Ordinance shall become effective immediately upon passage and approval.
INTRODUCED September 22, 2008
BY Randy Thurston
Councilperson
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PASSED AND APPROVED: October 14, 2008
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Background Paper for Proposed
ORDINANCE
AGENDA ITEM # 41
DATE: 9/22/08
DEPARTMENT: PUEBLO TRANSIT
DANIEL E. CENTA, P.E.
DIRECTOR OF PUBLIC WORKS
TITLE
AN ORDINANCE APPROPRIATING AND TRANSFERRING $52,040 FROM THE
GENERAL FUND RESERVES TO PUEBLO TRANSIT FOR THE PURCHASE OF
EQUIPMENT AND AUTHORIZING THE CITY'S PURCHASING AGENT TO ISSUE A
PURCHASE ORDER TO GFI /GENFARE IN THE AMOUNT OF $276,175
ISSUE
Should City Council approve a fund transfer in the amount of $52,040 into the Pueblo
Transit's budget?
RECOMMENDATION
Approval of Ordinance.
BACKGROUND
The City has been allocated a Federal Operating Grant # CO -90- X162 -00 in the amount
of $179,308.00. These funds are carryover funds from FY 2005 FTA Operating Grant
and are intended to subsidize Pueblo Transit's purchase of sixteen (16) electronic
fareboxes, software and hardware equipment to support the fareboxes, and the
equipment for the vault room. The City has an approved match in the amount of
$44,827 however, an additional $52,040 is needed to complete the project. Pueblo
Transit will be piggybacking out of an option from the Merced County Transit Authority
in Merced, CA with GFI /Genfare.
FINANCIAL IMPACT
The Federal share for this project is $179,308 and an additional $52,040 is needed as a
City match in order to complete this project.