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HomeMy WebLinkAbout11260Docusign Envelope ID: 28078CCB-6470-82DA-80E8-58344F78FB33 ORDINANCE NO. 11260 AN ORDINANCE APPROVING AN AGREEMENT BETWEEN PUEBLO, A COLORADO MUNICIPAL CORPORATION, AND PUEBLO MUNICIPAL RAIL CORPORATION AND AUTHORIZING THE MAYOR TO EXECUTE SAME BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: .qFfTInN 1 The Agreement between and Pueblo, a Colorado Municipal Corporation and Pueblo Municipal Rail Corporation, a Colorado nonprofit corporation, attached hereto (the "Agreement"), having been approved as to form by the City Attorney, is hereby approved. SECTION 2. The Mayor is hereby authorized to execute said Agreement for and on behalf of the City, and the City Clerk is authorized to affix the seal of the City thereto and attest same. .qFrTIfN Funds for this Agreement shall be paid from City's 1992-2026 Sales and Use Tax Capital Improvement Projects Fund. SECTION 4. The officers and staff of the City are authorized to perform any and all acts consistent with this Ordinance and the attached Agreement to implement the policies and procedures described therein. SECTION 5. 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 August 24, 2026. Final adoption of Ordinance by City Council on September 14, 2026. DocuSigned by: President of City Council Docusign Envelope ID: 28078CCB-6470-82DA-80E8-58344F78FB33 Action by the Mayor: Q Approved on ❑ Disapproved on 09/15/2026 based on the following objections: 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 Mayor ❑ Council action on failed to override the Mayor's veto. President of City Council ATTEST Docusigned by: LG City Clerk Docusign Envelope ID: 28078CCB-6470-82DA-80E8-58344F78FB33 City Clerk's Office Item # R5 COUNCIL MEETING DATE: September 14, 2026 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Clyde Bishop, City Clerk FROM: Andrew Hayes, Public Works Director Robert Jagger, Deputy City Attorney SUBJECT: AN ORDINANCE APPROVING AN AGREEMENT BETWEEN PUEBLO, A COLORADO MUNICIPAL CORPORATION, AND PUEBLO MUNICIPAL RAIL CORPORATION AND AUTHORIZING THE MAYOR TO EXECUTE SAME SUMMARY: This Ordinance approves an Agreement with the Pueblo Municipal Rail Corporation to operate the industry track located within the Pueblo Memorial Airport. PREVIOUS COUNCIL ACTION: Resolution 12378 (April 9, 2012) created the Pueblo Municipal Rail Corporation, a Colorado nonprofit corporation, as an agency and instrumentality of the City of Pueblo to construct, reconstruct, repair, maintain and operate public rail facilities for and on behalf of the City of Pueblo. BACKGROUND: BNSF Railroad desires to execute an industry track agreement with respect to industry track currently owned by the City and located within and intended to serve the Pueblo Memorial Airport Industrial Park. To do so, the City will need to approve the attached Agreement so that Pueblo Municipal Rail Corporation may execute such industry track agreement consistent with its intended and created purpose. FINANCIAL IMPLICATIONS: Funds for operation of the public rail facilities will come from the City's 1992-2026 Sales and Use Tax Capital Improvement Projects Fund as it does currently. Docusign Envelope ID: 28078CCB-6470-82DA-80E8-58344F78FB33 BOARD/COMMISSION RECOMMENDATION: Not applicable. STAKEHOLDER PROCESS: Not applicable. ALTERNATIVES: None as the City cannot enter the BNSF industry track agreement as it cannot legally agree to indemnification provisions required by BNSF. RECOMMENDATION: Approval of the Ordinance. ATTACHMENTS: 1. Agreement