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HomeMy WebLinkAbout08103ORDINANCE NO. 8103 AN ORDINANCE ESTABLISHING CAPITAL PROJECT NO. CP0919 — FY 2009 PUEBLO WEISBROD AIRCRAFT MUSEUM AIRPORT HANGAR #2 PROJECT AND BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $836,785.96 THEREFORE WHEREAS, funds in the amount of $836,785.96 have been committed to this project by the Pueblo Historical Aircraft Society; WHEREAS, the City is willing to construct the hangar on behalf of the Pueblo Historical Aircraft Society, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that SFrTinN 1 Capital Project No. CP0919 — 2009 Pueblo Weisbrod Aircraft Museum Airport Hangar #2 is hereby established. SECTION 2. Funds in the amount of $836,785.96 shall be budgeted and appropriated for and made available in Project No. CP0508. INTRODUCED: October 13, 2009 BY: Judy Weaver COUNCIL PERSON �. PRESIDENTaf City Council A77TSTFD DY: CITY CLERK PASSED AND APPROVED: November 23, 2009 Background Paper for Proposed ORDINANCE AGENDA ITEM # R -1 DATE: OCTOBER 13, 2009 DEPARTMENT: PUBLIC WORKS DIRECTOR — EARL WILKINSON. P.E. TITLE AN ORDINANCE ESTABLISHING CAPITAL PROJECT NO. CP0919 - FY 2009 PUEBLO WEISBROD AIRCRAFT MUSEUM AIRPORT HANGAR #2 PROJECT AND BUDGETING AND APPROPRIATING FUNDS IN THE AMOUNT OF $836,785.96 THEREFORE ISSUE Should City Council establish a project for the FY 2009 Pueblo Weisbrod Aircraft Museum Hangar #2 and budget and appropriate funds therefore? RECOMMENDATION Approval of this Ordinance. BACKGROUND The Pueblo Historical Aircraft Society ( "Society ") has sufficient funds to design and construct a display hangar at the Pueblo Memorial Airport. The City is willing to construct the hangar through its procurement and contracting procedures on behalf of the Society. Upon approval of this Ordinance, and contingent upon funding verification, Staff will submit a Resolution to Council to approve a written Agreement with the Society to commit the Society's funds to the project. FINANCIAL IMPACT The Society will be funding this project in full and has committed funds in the amount of $836,785.96