HomeMy WebLinkAbout15836RESOLUTION NO. 15836 A RESOLUTION TRANSFERRING $131,773.60 FROM PROJECT ACCOUNT SW2101, STORM SYSTEM UPGRADE - ILLINOIS AVE AND $150,000.00 FROM PROJECT ACCOUNT SW2302, BANK STABILIZE - CITY CENTER/SANTA FE INTO PROJECT ACCOUNT SWAN03, POINT REPAIR & PIPE CLEANING AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE THE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that SECTION 1. Funds are hereby transferred in the amount of $131,773.60 from Project Account SW2101, Storm System Upgrade Illinois Ave and $150,000.00 from Project Account SW2302, Bank Stabilize City Center/Santa Fe into Project Account SWAN03, Point Repair & Pipe Cleaning. SECTION 2. The officers and staff of the City of Pueblo are authorized to perform any and all acts consistent with the intent of this Resolution to implement the policies and procedures described herein. SECTION 3. This Resolution shall become effective immediately upon passage and approval. INTRODUCED: December 9, 2024 BY: Brett Boston MEMBER OF CITY COUNCIL APPROVED: __________________________ PRESIDENT OF CITY COUNCIL ATTESTED BY: ________________________ CITY CLERK City Clerk's Office Item # M2 Background Paper for Proposed Resolution COUNCIL MEETING DATE: December 9, 2024 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Marisa Stoller, City Clerk FROM: Andrew Hayes, Public Works Director SUBJECT: A RESOLUTION TRANSFERRING $131,773.60 FROM PROJECT ACCOUNT SW2101, STORM SYSTEM UPGRADE - ILLINOIS AVE AND $150,000.00 FROM PROJECT ACCOUNT SW2302, BANK STABILIZE - CITY CENTER/SANTA FE INTO PROJECT ACCOUNT SWAN03, POINT REPAIR & PIPE CLEANING AND AUTHORIZING THE PURCHASING AGENT TO EXECUTE THE SAME SUMMARY: This Resolution transfers $131,773.60 from Project No. SW2101, Storm System Upgrade Illinois Ave and $150,000 from Project No. SW2302, Bank Stabilize City Center/Santa Fe into Project No. SWAN03, Point Repair & Pipe Cleaning. PREVIOUS COUNCIL ACTION: None. BACKGROUND: The Stormwater Utility Enterprise has exhausted the funds appropriated for storm sewer emergency point repair projects and will require additional funding to continue repairing pipes and other stormwater infrastructure as cases arise to protect the general health and welfare of the public. The following transfer will allow funding for the remainder of 2024 and ensure the Stormwater Utility Enterprise is capable of responding to storm sewer emergency point repairs. FINANCIAL IMPLICATIONS: Funding for this project will come from the Stormwater Utility Enterprise budget, Project No. SW2101, Storm System Upgrade Illinois Ave and Project No. SW2302, Bank Stabilize City Center/Santa Fe. The proposed funds being transferred are from projects that have been completed by the Stormwater Utility Enterprise or others. BOARD/COMMISSION RECOMMENDATION: None. STAKEHOLDER PROCESS: None. ALTERNATIVES: Council could elect not to allow the transfer of funds, and the Stormwater Utility Enterprise would not have the funds to execute current ongoing and future storm sewer emergency point repair projects. RECOMMENDATION: Approval of the Resolution. ATTACHMENTS: None