HomeMy WebLinkAbout6556RESOLUTION NO. 6556
A RESOLUTION AUTHORIZING THE DE OBLIGATION
OF FEDERAL FUNDS FROM THE UMTA FISCAL YEAR
1987 CAPITAL AND OPERATING APPORTIONMENTS
WHEREAS, the City of Pueblo, Colorado received in UMTA
Fiscal Year 1987 Capital and Operating Apportionments; and
WHEREAS, the City of Pueblo, Colorado excess funds from UMTA
Fiscal Year 1987 Capital and Operating Apportionment funds can be
de obligated and be utilized by other transit providers; and
WHEREAS, in order to use said funds for needed public
transportation projects and services in Colorado prior to the lapse
of its obligational authority on September 30, 1990; and
WHEREAS, it is understood that this transfer action is being
taken in the interest of preserving Section 9 funds for needed public
mass transportation projects within the State of Colorado and that it
does not give rise to any future obligations by the State of Colorado
or other Designated Recipients to transfer, allocate or reformulate
any funds to bring about a return of the amount transferred by this
resolution to the City of Pueblo, Colorado, now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO,
that:
SECTION 1.
Any amount of Fiscal Year 1987 Capital and Operating
Apportionments not obligated on June 30, 1990 shall be de- obligated
from the City of Pueblo.
SECTION 2.
All de obligated funds shall be transferred to the State of
Colorado for redistribution within the State, consistent with all
applicable State and Federal limitations, procedures and
requirements.
INTRODUCED May 29 , 1990
8y: KENNETH HUNTER
Councilman
n,2
Pre ent Of-City Council
ATTEST: