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HomeMy WebLinkAbout10966 City Clerk's Office Item # R7 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: June 9, 2025 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Marisa Stoller, City Clerk FROM: Benjamin Valdez, Director of Transit SUBJECT: AN ORDINANCE APPROVING THE FY 20 & 23 SECTION 5307 - OPERATING, PM & PARATRANSIT GRANT AGREEMENT, FAIN CO- 2025-003-00, BETWEEN THE CITY OF PUEBLO, A COLORADO MUNICIPAL CORPORATION, AND THE UNITED STATES DEPARTMENT OF TRANSPORTATION, FEDERAL TRANSIT ADMINISTRATION, IN THE AMOUNT OF $2,862,090 AND AUTHORIZING THE MAYOR TO EXECUTE SAME SUMMARY: Attached is a Grant Agreement between the City of Pueblo, a Colorado Municipal Corporation, and the United States of America for FY 2020 & 2023 Transit Operating expenditures. PREVIOUS COUNCIL ACTION: Council has previously approved the FY 2020 & 2022 Operating Grant between the City of Pueblo, a Colorado Municipal Corporation, and the Federal Transit Administration to subsidize the BACKGROUND: Pursuant to Federal Transit Administration Award No. # CO-2025-005-00, the City has been awarded $2,862,090 full apportionment of FY2020 carry over fund balance and FY 2023 5307 funding that will be matched by $2,179,198 in local funds. The local funds are the City's FY2023 budget. additional operating expenditures incurred in FY 2023. FINANCIAL IMPLICATIONS: The anticipated total project cost is $5,041,288.00. The Federal share is $2,862,090 and the required local match is $2,179,198. BOARD/COMMISSION RECOMMENDATION: Pueblo Transit Board recommends approval. STAKEHOLDER PROCESS: Not applicable. ALTERNATIVES: The alternative, should this Ordinance not pass, is for the City of Pueblo, a Colorado Municipal Corporation, to provide all funding necessary to cover expenditures incurred in FY 2023. RECOMMENDATION: Approval of the Ordinance ATTACHMENTS: 1. Operating Grant 2020 & 2023 Attachment ORDINANCE NO 10966 AN ORDINANCE APPROVING THE FY 20 & 23 SECTION 5307 - OPERATING, PM & PARATRANSIT GRANT AGREEMENT, FAIN CO-2025-003-00, BETWEEN THE CITY OF PUEBLO, A COLORADO MUNICIPAL CORPORATION, AND THE UNITED STATES DEPARTMENT OF TRANSPORTATION, FEDERAL TRANSIT ADMINISTRATION, IN THE AMOUNT OF $2,862,090 AND AUTHORIZING THE MAYOR TO EXECUTE SAME BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The FY20 & 23 Section 5307 - Operating, PM & Paratransit Grant Agreement, FAIN CO- 2025-003-00, between the City of Pueblo, a Colorado Municipal Corporation, and the United States Department of Transportation, Federal Transit Administration, a copy of which is attached hereto, having been approved as to form by the City Attorney, is hereby approved. SECTION 2. The Mayor is hereby authorized to execute said Grant Agreement on behalf of City of Pueblo, a Colorado Municipal Corporation. The City Clerk shall affix the Seal of the City to the Grant Agreement and attest the same. SECTION 3. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Ordinance and the attached agreement to effectuate the transactions described therein. SECTION 4. This Ordinance shall become effective on the date of final action by the Mayor and City Council. Action by City Council: Introduced and initial adoption of Ordinance by City Council on May 27, 2025. Final adoption of Ordinance by City Council on June 9, 2025. ____________________________ President of City Council Action by the Mayor: Approved on _______________. Disapproved on ______________ based on the following objections: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ____________________________ Mayor Action by City Council After Disapproval by the Mayor: Council did not act to override the Mayor's veto. Ordinance re-adopted on a vote of ____________, on _____________ ____________________________ President of City Council ATTEST ________________________________ City Clerk