HomeMy WebLinkAbout08007ORDINANCE NO. 8007
AN ORDINANCE INCREASING THE FUNDING AMOUNT IN
CAPITAL PROJECT NO. AP0901, RAMP REHABILITATION
2009 TO $1,371,765
WHEREAS, the City of Pueblo has received additional Federal Grant funds in the
amount of $153,177 and is required to match the grant funds by an increase to the City funds of
$4,031 under Capital Project No. AP0901; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
Funding for Capital Project No. AP0901, Ramp Rehabilitation 2009 is hereby increased
to $1,371,765 including additional City matching funds of $4,031, which are hereby transferred
from the Customer Deposits Fund to Capital Project No. AP0901.
A77TSTDD SY:
CITY CLERK
INTRODUCED: April 27, 2009
BY: Judy Weaver
Councilperson
APPR D' 40 �-
PRESIDENTof City Council
PASSED AND APPROVED: May 11, 2009
4
Background Paper for Proposed
ORDINANCE
AGENDA ITEM # 22
DATE: April 27, 2009
DEPARTMENT: DEPARTMENT OF AVAITION
THOMAS MARTINEZ, INTERIM DIRECTOR
TITLE
AN ORDINANCE INCREASING THE FUNDING AMOUNT IN CAPITAL PROJECT NO.
AP0901, RAMP REHABILITATION 2009 TO $1,371,765
ISSUE
Should City Council approve an ordinance related to increasing the funding amount in Capital
Project No. AP0901 due to increased grant funds.
RECOMMENDATION
Approval of this Ordinance.
BACKGROUND
Due to increased funding from the Federal grant, funds needed in Capital Project No. AP0901
are increased from $1,210,526 to $1,371,765.
FINANCIAL IMPACT
The City's matching funds will need to be increased by $4,031. City matching funds will be
transferred to Capital Project AP0901 from the Customer Deposits Fund.