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HomeMy WebLinkAbout08050ORDINANCE NO. 8050 AN ORDINANCE ESTABLISHING CAPITAL PROJECT NO. ED0902 — FY 2009 ST. CHARLES INDUSTRIAL PARK RAILROAD MASTER PLAN AND RAIL SPUR DESIGN AND TRANSFERRING $350,000 FROM THE 1992 — 2011 SALES AND USE TAX CAPITAL IMPROVEMENT PROJECTS FUND INTO PROJECT ACCOUNT NO. ED0902 FOR SUCH PURPOSE WHEREAS, the City intends to purchase and develop a large parcel of land for a proposed industrial park for the purpose of making land an railroad facilities available for new industrial and manufacturing companies to locate in the city and; and; WHEREAS, main line rail access is vital to many large scale manufacturing operations WHEREAS, it is prudent and necessary to develop a rail spur master plan and to prepare contract documents to construct said needed rail spur(s); BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO. that: SECTION 1. The City Council finds and determines that the expenditure of $350,000 for the St. Charles Industrial Park Railroad Master Plan and Rail Spur Design will make industrial land and railroad facilities available for new industrial and manufacturing companies to locate in the city and meets and complies with the intent, criteria, and standards established by Ordinance No. 6381. SECTION 2. Funds in the amount of $350,000 are hereby transferred from the 1992 — 2011 Sales & Use Tax Capital Improvement Projects Fund into Capital Project No. ED0902 — FY 2009 ST. CHARLES INDUSTRIAL PARK RAILROAD SPUR MASTER PLAN AND DESIGN. INTRODUCED: August 10, 2009 BY: Randy Thurston COUNCILPERSON �. PRESIDENTof City Council ATTESTEC? BY: CITY CLERK PASSED AND APPROVED: August 24, 2009 Background Paper for Proposed ORDINANCE AGENDA ITEM # R -6 DATE: AUGUST 10, 2009 DEPARTMENT: PUBLIC WORKS DIRECTOR — EARL WILKINSON, P.E. TITLE AN ORDINANCE ESTABLISHING CAPITAL PROJECT NO. ED0902 - FY 2009 ST. CHARLES INDUSTRIAL PARK RAILROAD MASTER PLAN AND RAIL SPUR DESIGN AND TRANSFERRING $350,000 FROM THE 1992 — 2011 SALES AND USE TAX CAPITAL IMPROVEMENT PROJECTS FUNDS INTO PROJECT ACCOUNT NO. ED0902 FOR SUCH PURPOSE ISSUE Should City Council authorize the use of the 1992 — 2011 Sales & Use Tax Capital Improvement Projects Funds in the amount of $350,000 and establish a new capital project to master plan and design the railroad spur at the St. Charles Industrial Park? Approval of this Ordinance. BACKGROUND The City intends to purchase and develop a large parcel of land for a proposed industrial park. Main line rail access is vital to many large scale manufacturing operations. The City is considering retaining the services of a civil engineering firm to develop a railroad master plan and to design and prepare contract documents for the construction of said rail spur(s). FINANCIAL IMPACT Funds for this project will come from the 1992 — 2011 Sales & Use Tax Capital Improvement Projects Fund.