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HomeMy WebLinkAbout5262RESOLUTION NO. 5262 A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FOR USE BY THE UNIVERSITY OF SOUTHERN COLORADO TO DEVELOP A BUSINESS AND MASS COMMUNICATIOdS CENTER BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: gRrTTnM 1 The transfer of $250,000.00 from Account No. 001 -7090 to Account No. 02- 1983 -2099 for use by the University of Southern Colorado or its designee to renovate and landscape as a business and mass communications educational facility the building and adjoining land located within the Midtown Shopping Center and known as 1005 W. 4th Street, Pueblo, Colorado, which building was previously occupied and used as a Safeway Store. Transfer of the $250,000.00 is subject to the University of Southern Colorado or its designee obtaining title or right of possession to the property on a long -term basis from the owners thereof and the execution of a definitive agreement between the City and the University of Southern Colorado or its designee relating to the use of said funds. INTRODUCED: October 11 , 1983 By MIKE SALARDINO Councilman APPROVED: ATTEST: President of the City Council