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City Clerk's Office Item # M1
Background Paper for Proposed
Resolution
COUNCIL MEETING DATE: October 27, 2025
TO: President Mark Aliff and Members of City Council
CC: Mayor Heather Graham
VIA: Marisa Stoller, City Clerk
FROM: Danny Nunn, Director of Finance
SUBJECT: A RESOLUTION AUTHORIZING THE TRANSFER OF $400,000 FROM
THE 1992-2026 SALES AND USE TAX CAPITAL IMPROVEMENT
PROJECTS FUND FOR THE PURPOSE OF PROVIDING UPKEEP AND
MAINTENANCE TO BUILDINGS HELD FOR THE PURPOSE OF JOB
CREATING CAPITAL PROJECTS.
SUMMARY:
This Resolution provides additional funding needed for the maintenance and upkeep of
buildings used for the purpose of job creating capital projects.
PREVIOUS COUNCIL ACTION:
Funding for upkeep of buildings has been routinely approved when needed.
Resolution 13838, December 11, 2017 authorizing $400,000
Resolution 14078, November 12, 2018 authorizing $400,000
Resolution 14402, April 27, 2020 authorizing $341,000
Resolution 14828, March 14, 2022 authorizing $400,000
BACKGROUND:
There are several buildings owned by either the City of Pueblo, Pueblo Development
Foundation, or PEDCO, that are held and maintained for the purpose of job creating
capital projects. The buildings have been constructed for use by future industrial
prospects (shell buildings) or have been vacated by former tenants. The appearance
and upkeep of these buildings is of vital importance when presenting them to prospective
tenants. In order to maintain the appearance and integrity of the buildings, they require
that insurance be carried, utilities remain connected and on, and that general
maintenance be done.
FINANCIAL IMPLICATIONS:
The amount of $400,000 is available and shall be transferred from the Economic
Development Half Cent Tax fund to Project EDBLDG for the maintenance and upkeep
of City-owned buildings.
BOARD/COMMISSION RECOMMENDATION:
Not applicable.
STAKEHOLDER PROCESS:
Not applicable.
ALTERNATIVES:
If this Resolution is not approved, the appearance and integrity of the buildings could be
jeopardized.
RECOMMENDATION:
City Staff recommends approval of the Resolution
ATTACHMENTS:
None
RESOLUTION NO. 16161
A RESOLUTION AUTHORIZING THE TRANSFER OF $400,000
FROM THE 1992-2026 SALES AND USE TAX CAPITAL
IMPROVEMENT PROJECTS FUND FOR THE PURPOSE OF
PROVIDING UPKEEP AND MAINTENANCE TO BUILDINGS
HELD FOR THE PURPOSE OF JOB CREATING CAPITAL
PROJECTS.
WHEREAS, certain buildings are maintained for the purpose of job creating capital
improvement projects; and
WHEREAS, additional funds are periodically provided, as necessary, for the costs
incurred in maintaining the appearance and integrity of the buildings; NOW, THEREFORE
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that
SECTION 1.
The amount of $400,000 shall be transferred to Project EDBLDG for expenses related to
the maintenance and upkeep of City owned buildings. Funds shall be transferred from the
Projects to be Determined account within the 1992 2026 Sales and Use Tax Capital
Improvements Project Fund.
SECTION 2.
The officers and staff of the City are directed and authorized to perform any and all acts
consistent with the intent of this Resolution which are necessary or desirable to effectuate the
transactions described therein.
SECTION 3.
This Resolution shall become effective immediately upon final passage
INTRODUCED: October 27, 2025
BY: Brett Boston
MEMBER OF CITY COUNCIL
APPROVED: __________________________
PRESIDENT OF CITY COUNCIL
ATTESTED BY: ________________________
CITY CLERK