HomeMy WebLinkAbout15856RESOLUTION NO. 15856
A RESOLUTION UNOBLIGATING $26,562.97 FROM TWO
SEPARATE PROJECTS IN PROJECT CI2113 AMERICAN
RESCUE PLAN ACT AND REOBLIGATING THE FUNDS TO THE
I.T. FIBER EXPANSION FOR THE EAST FIRE STATION #6
PROJECT AS AUTHORIZED BY THE AMERICAN RESCUE
PLAN ACT AND THE U.S. TREASURY FINAL RULE 31 CFR 35
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that
SECTION 1.
Funds in the amount of $26,562.97 are hereby un-obligated from the two projects in Project
CI2113 American Rescue Plan Act listed below:
Resolution/ Project Amount Unobligated
Ordinance
1 Resolution Pueblo Community College PEAK (Place for $20,959.64
10154 Education and Academic Knowledge)
2 Resolution Teen Nights Fri & Sat with Boys & Girls Club $5,603.33
10470
SECTION 2.
Funds in the amount of $26,562,97 are re-obligated to the I.T. Fiber Expansion to the East
Fire Station #6 Project.
SECTION 3.
The officers and staff of the City are authorized to perform all acts consistent with this
Resolution to implement the policies and procedures described herein.
SECTION 4.
This Resolution shall become effective immediately upon final passage.
INTRODUCED: December 23, 2024
BY: Maestri
MEMBER OF CITY COUNCIL
APPROVED: __________________________
PRESIDENT OF CITY COUNCIL
ATTESTED BY: ________________________
DEPUTY CITY CLERK
City Clerk's Office Item # M7
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: December 23, 2024
TO: President Mark Aliff and Members of City Council
CC: Mayor Heather Graham
VIA: Marisa Stoller, City Clerk
FROM: Danny Nunn, Interim Director of Finance
SUBJECT: A RESOLUTION UNOBLIGATING $26,562.97 FROM TWO SEPARATE
PROJECTS IN PROJECT CI2113 AMERICAN RESCUE PLAN ACT
AND REOBLIGATING THE FUNDS TO THE I.T. FIBER EXPANSION
FOR THE EAST FIRE STATION #6 PROJECT AS AUTHORIZED BY
THE AMERICAN RESCUE PLAN ACT AND THE U.S. TREASURY
FINAL RULE 31 CFR 35
SUMMARY:
This Resolution un-obligates $26,562.97 from two projects in American Rescue Plan Act
-obligates those funds to the I.T. Fiber Expansion for the East Fire
Station #6 Project as authorized by ARPA and the U.S. Treasury Final Rule CFR 35.
PREVIOUS COUNCIL ACTION:
By Ordinance No. 9931, approved on May 17, 2021, the City Council established Project
No. CI-2113 and budgeted and appropriated up to $36.7 million in funds which were
expected to be distributed to the City from ARPA funds for covered costs and eligible
expenses to be incurred during the period which began on March 3, 2021, until December
31, 2024, (to be expended by December 31, 2026). By Resolution No. 154409, City
Council approved the allocation of ARPA to the I.T. Fiber Expansion for the East Fire
Station #6 Project.
BACKGROUND:
Between 2021 and 2023, the two projects set forth in the table below were approved by
Resolution for the allocation of ARPA funds.
Resolution/ Project Amount
Ordinance Unobligated
1 Resolution Pueblo Community College PEAK (Place for $20,959.64
10154 Education and Academic Knowledge)
2 Resolution Teen Nights Fri & Sat with Boys & Girls Club $5,603.33
10470
The subrecipient agreements for these two projects have expired, but the projects still
have unexpended funds. These funds must be re-obligated by December 31, 2024.
The I.T. Fiber Expansion to the East Fire Station #6 Project was funded with ARPA funds
and general fund dollars. The monies from the two projects identified above will be
transferred to the I.T. Fiber Expansion to the East Fire Station #6 Project to reduce the
amount of general fund dollars needed to complete the project.
FINANCIAL IMPLICATIONS:
Unobligated funds in the total amount of $26,562.97 will be transferred to the I.T. Fiber
Expansion to the East Fire Station #6 Project to reduce the amount of general fund dollars
needed to complete the project.
BOARD/COMMISSION RECOMMENDATION:
Not applicable to this Resolution.
STAKEHOLDER PROCESS:
Not applicable to this Resolution.
ALTERNATIVES:
The City Council could decide not to un-obligate and re-obligate the remaining funds from
the two ARPA projects listed above.
RECOMMENDATION:
Approval of the Resolution.
ATTACHMENTS:
None
