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HomeMy WebLinkAbout08090ORDINANCE NO. 8090 AN ORDINANCE ESTABLISHING CAPITAL PROJECT NO. ED0904 - FY 2009 GREENHORN DRIVE & UNNAMED ROADWAY PAVEMENT DESIGN AND TRANSFERRING $ 175,000 FROM THE 1992 — 2011 SALES AND USE TAX CAPITAL IMPROVEMENT PROJECTS FUNDS INTO PROJECT ACCOUNT NO. ED0904 FOR SUCH PURPOSE WHEREAS, Greenhorn Drive and an unnamed east /west arterial roadway are the primary transportation corridors needed to serve the proposed St. Charles Industrial Park; WHEREAS, the City has selected an engineering consultant to provide the professional engineering services necessary to design and construct the roadways, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Capital Project No. ED0904 - FY 2009 Greenhorn Drive and Unnamed Roadway and Pavement Design is hereby established. SECTION 2. Funds in the amount of $ 175,000 are hereby transferred from the 1992 — 2011 Sales & Use Tax Capital Improvement Projects Fund (the "Fund ") into Capital Project No. ED0904. SECTION 3. City Council finds and determines that the expenditure of a portion of the Fund for the design of Greenhorn Drive and unnamed east /west arterial roadway is needed to served the proposed St. Charles Industrial Park and will further the location of job creating capital improvement project within the city and is within the intent and purpose of Ordinance No. 6381 establishing criteria, standards, rules, and regulations for the appropriation and expenditure of monies on deposit in the Fund. INTRODUCED: October 13, 2009 BY: Judy Weaver } C � OUNCILPERSON APPR t)' } �- PRESIDENTof City Council A77ESTEC? BY: CITY CLERK PASSED AND APPROVED: October 26, 2009 Background Paper for Proposed ORDINANCE AGENDA ITEM # S -2 DATE: OCTOBER 13, 2009 DEPARTMENT: PUBLIC WORKS DIRECTOR — EARL WILKINSON, P.E. TITLE AN ORDINANCE ESTABLISHING CAPITAL PROJECT NO. ED 0904 - FY 2009 GREENHORN DRIVE & UNNAMED ROADWAY PAVEMENT DESIGN AND TRANSFERRING $175,000 FROM THE 1992 — 2011 SALES AND USE TAX CAPITAL IMPROVEMENT PROJECTS FUNDS INTO PROJECT ACCOUNT NO. ED0904 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 $ 175,000 and establish a new capital project to prepare the roadway and pavement design of Greenhorn Drive and an unnamed roadway? Approval of this Ordinance. BACKGROUND The City is in the process of purchasing approximately 500 acres of undeveloped land located southeast of the City and adjacent to Interstate 25 with the intention of developing an industrial park to provide for the location of job creating capital improvement projects within the city. The southerly extension of Greenhorn Drive from its present terminus within the Minnequa Industrial Park to Lime Road and the construction of an east /west roadway will provide for access to the parcels in the proposed industrial park. This project will provide for the design, preparation of contract documents and provide for construction engineering services to support the construction of the roadways and appurtenant facilities. FINANCIAL IMPACT Funds for this project will come from the 1992 — 2011 Sales & Use Tax Capital Improvement Projects Fund.