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Home My WebLink About5345U RESOLUTION NO. 5345 A RESOLUTION APPROVING AN APPLICATION TO THE U.S. DEPARTMENT OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION FOR TITLE IX FUNDING IN THE AMOUNT OF $1,053,000 TO DEVELOP THE FIRST PHASE OF THE NEW 400 -ACRE INDUSTRIAL PARK AT PUEBLO MEMORIAL AIRPORT, AUTHORIZING THE CITY MANAGER TO EXECUTE AND SUBMIT SAME AND TO ACCEPT FUNDING ON BEHALF OF THE CITY OF PUEBLO, IF APPROVED, AND DESIGNATING THE CITY MANAGER AS THE CITY'S REPRESENTATIVE TO ACT IN CONNECTION WITH THE APPLICATION WHEREAS, the City of Pueblo has been authorized to submit an Economic Development Administration (EDA) Title IX - SSED airport industrial park development application for up to $1,053,000 in Federal funds; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that: SECTION 1. The City Manager of the City of Pueblo is hereby authorized to execute and submit an Economic Development Administration (EDA) Title IX - SSED Airport Industrial Park Development grant application in the amount of $1,053,000 to develop the first phase of the new 400 -acre industrial park at Pueblo Memorial Airport. The City Manager is hereby designated as the City's representative to act in connection with the application, to provide such additional information as may be required, and if the application is approved, to accept on behalf of the City said EDA funding. SECTION 2. The City Council does hereby commit to appropriate as and for the City's share of the required funding in the amount of $351,000, subject, however, to the approval of said application and funding thereunder. INTRODUCED March 12 , 1984 BY MIKE OCCHIATO Councilman APPROVED Presid&ft'of the Council ATTEST City C erk S w Pueblo Economic Development Corporation 302 North Santa Fe / Post Office Box 5807 / Pueblo, Colorado 81002 (303) 544 -2000 TO: Pueblo City Council FROM: Stephen Albright SUBJECT: EDA Title IX - SSED Implementation Grant DATE: March 12, 1984 During the negotiations with Sperry Corporation in January, 1984, the Economic Development Administration was approached regarding their ability to assist with the overall financial package. With the assistance of the City's Public Works Department, a "Profile of a Proposed Project" was prepared and submitted for preliminary EDA review. This review was positive in Denver and Washington D.C., and on March 3, 1984, the EDA Regional Director, Bill Roberts, authorized the City's submission of an application of approximately $1.1 million from EDA's Title IX- Sudden and Severe Economic Dislocation program. PROJECT PROPOSAL The project proposes a $1,404,000 budget to develop Phase One of the 400 -acre Industrial Park at the west end of Pueblo Memorial Airport. Funds will be used for road development, sewer line extension,landscaping, street lighting, and signage. In the Sperry financial package, they have been referred to as the "Offsite Improvements ". Phase One includes about 150 acres between the major drainage arroyo and the new intersection created by the traffic circle. The purpose of the project is twofold. First, Sperry Corporation's site is immediately north and west of the traffic circle, and the proposed improvements are needed to open the chosen site for development. Second, the development will allow many additional industrial sites at the choice location through the extension of roads and the sewer line. Sperry Corporation's construction in the Phase One development area is likely to be the impetus needed to see other growth at the Airport Industrial Park. BUDGET The following preliminary budget was developed by PEDCo in conjunction with the City's Public Works Department. Page Two EDA Title IX - SSED Implementation Grant Construction and Project Improvements $1,050,000 Roadway Improvements $500,000 Sanitary Sewerage Facilities 320,000 Landscaping 150,000 Street Lighting & Signage 80,000 Administration 32,000 Architecutral /Engineering 89,000 Project Inspection 105,000 Contingencies 128,000 $1,404,000 Funding Sources: EDA - 75% $1,053,000 Pueblo - 25% 351,000 $1,404,000 ACTION REQUESTED The Pueblo City Council is requested to approve the submission of the Title. IX -SSED Implementation Grant to EDA and reserve the matching funds. Pueblo Economic Development Corporation .�■.�■ 302 North Santa Fe / Post Office Box 5807 / Pueblo, Colorado 81002 (303) 544 -2000 January 24. 1984 Mr. John Zender 831-5'455 Economic Development Administration Denver Regional Office 333 West Colfax Avenue, Suite #300 Denver. CO 80204 Dear John: Enclosed is the preliminary budget information from the pity's Department- of Public Works. If you need any additional information, feel free to contact me or Tom Cvar at Public Works. The estimates include those items which we feel would be required to meet the initial needs of Sperry Corporation by completing the first phase of the west side of the Pueblo Memorial Airport Industrial Park. The estimate includes the following: • pavement. curb, and gutter to complete the traffic circle and its access lanes; • construction of a 48 foot collectot road west from the traffic circle to the arroyo; • installation of approximately 6,000 feet of 12 inch sewer pipes, a lift station, and required manholes; • landscaping of approximately 16 acres in and adjacent to the traffic circle; • street lighting around the circle and along the major collector road in the industrial park, and directional signage; and • typical administrative costs. Please call me if you have any questions. Sincerely, 4' 4. ?tephen Albright MAR 7 1984 s Vice - President £ city rY;..;;`a; s UM C4 Pueblu, Colorado r SA /mrb s M January 23, 1984 Mr. Steve Albright Pueblo Economic Development Corporation 302 North Santa Fe Avenue Pueblo, Colorado 81003 Re: Dear Steve: Airport Industrial Development Our engineering staff has reviewed the proposed development site, consisting of approximately 26.6 acres, just northwest of the traffic rotary, and has provided the following cost estimate for off - site public improvements required for this development. Roadway Improvements $ 500,000 Sanitary Sewerage Facilities 320.000 Landscaping _ 150,000 Street Lighting b Signing 80,000 Total $1,050,000 This total appears in the attached detailed cost breakdown, in Line 10,1 "Construction and Project Improvement ". - The addition of professional and administrative fees, and contingencies, brings the total estimated cost to $1,404,000. If we can be of further assistance, please contact me at your convenience. Very truly yours, Tom Cvar Director of Public Works TC:dg COLORFUL SOUTHERN COLORADO CITY OF POEBLO COLORADO DEPARTMENT OF PUBIC WORKS 211 E. "D" STREET DIVISION OF ENGINEERING PUEBLO. COLORADO 81003 ESTIMATED PROJECT COST 3.4.1 DETAILED COST BREAKDOWN Proiect Cost Element and Sub - element I. Administrative expense A. Interest Be Other 2. Preliminary expense 3. Land, Structures, and Right -of -Way 4. Architectural /Engineering Basic Fees 5. Other Architectural /Engineering Fees 6. Project inspection fees 7. Relocation expenses 8. Relocation payments to Individuals and Businesses 9. Demolition and removal A. Labor Be Non -Labor 10. Construction and project improvement A. Labor Be Non -Labor 11. Equipment 12. Contingencies 13. TOTAL Estimated Cost Breakdown Total S — 32 4 - 0 0 74,000 15,000 105,000 0 0 0 1,0 128,000. 1,404,000 11 a March 3, 1984 Mr. Bill Hacker, Director Office of Business Development Division of - Commerce and Development State of Colorado 720 North Main Suite 415 Pueblo, Colorado 81003 Dear Bill: We have now received authorization to accept the application from the City of Puebld in the amount of $1.1 million of Title 11 Sudden and Severe Economic Dislocation (SSED) funds for development of the first phase of an industrial park. Since the City of Pueblo will be the applicant be kind enough to deliver this application to the appropriate person(s) within the city. Please give me a call upon receipt and advise the person we should be contacting to provide additional information in addition to what is required in the application. Sincerely, _ William J. Roberts Regional Director Enclosures U.S. DEPARTMENT OF COMMERCE Economic Development Adminlstnttion DENVER REGIONAL OFFICE Supra 300, Tremont Canter 333 W. Colfax Denver. Colorado $0204 x'37 -5455