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City Clerk's Office Item # M6
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: June 23, 2025
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 ESTABLISHING PROJECT ACCOUNT ED2501 -
ECONOMIC DEVELOPMENT SUPPORT AND TRANSFERRING
BUDGETED AND APPROPRIATED FUNDS IN THE AMOUNT OF
$25,000 FROM PROJECT ACCOUNT ED2302 - REPAIR &
MAINTENANCE RAIL LINES TO ED2501
SUMMARY:
This Resolution establishes a new project account ED2501 - Economic Development
Support and transfers previously budgeted and appropriated funds in the amount of
$25,000.00 from project account ED2302 - Repair & Maintenance Rail Lines into the
new account.
PREVIOUS COUNCIL ACTION:
None.
BACKGROUND:
The Mayor's Office is conducting direct outreach, coordination, and facilitation of
economic development activities through. While the future intent is to formally establish
a City Office of Economic Development to bridge existing service gaps, and improve
cooperation and coordination with the Pueblo Economic Development Corporation
(PEDCO), the Pueblo Urban Renewal Authority (PURA), City departments, and other
stakeholders, this Resolution sets aside funds to initially carry out these activities using
funds from the City's 1/2-cent sales tax revenues for economic development through
the end of 2025.
A separate request will be submitted to City Council for consideration in the Mayor's
2026 budget to formally establish a new operating department along with an operating
and capital budget to carry out ongoing economic development activities in the future.
FINANCIAL IMPLICATIONS:
Funds in the amount of $25,000.00 shall be transferred from project account ED2302 -
Repair & Maintenance Rail Lines into project account ED2501 - Economic
Development Support.
BOARD/COMMISSION RECOMMENDATION:
None.
STAKEHOLDER PROCESS:
None.
ALTERNATIVES:
Denial of this Resolution will preclude the establishment of the new Economic
Development Support account and associated fund transfer.
RECOMMENDATION:
Approval of the Resolution.
ATTACHMENTS:
None
RESOLUTION NO.16023
A RESOLUTION ESTABLISHING PROJECT ACCOUNT ED2501
- ECONOMIC DEVELOPMENT SUPPORT AND
TRANSFERRING BUDGETED AND APPROPRIATED FUNDS IN
THE AMOUNT OF $25,000 FROM PROJECT ACCOUNT ED2302
- REPAIR & MAINTENANCE RAIL LINES TO ED2501
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that
SECTION 1.
Project Account ED2501 - Economic Development Support is hereby established.
SECTION 2.
Funds in the amount of $25,000.00 are hereby transferred from Project Account ED2302
- Repair & Maintenance Rail Lines into Project Account ED2501 - Economic Development
Support.
SECTION 3.
The officers of the City are authorized to perform any and all acts consistent with this
Resolution and the attached Amendment to implement the policies and procedures described
herein.
SECTION 4.
This Resolution shall become effective immediately upon passage and approval.
INTRODUCED: June 23, 2025
BY: Brett Boston
MEMBER OF CITY COUNCIL
APPROVED: __________________________
PRESIDENT OF CITY COUNCIL
ATTESTED BY: ________________________
CITY CLERK