HomeMy WebLinkAbout11295Docusign Envelope ID: D3AEF937-220A-8A2B-80C7-051C596FDD33
City Clerk's Office Item # S9
COUNCIL MEETING DATE: October 13, 2026
TO: President Mark Aliff and Members of City Council
CC: Mayor Heather Graham
VIA: Clyde Bishop, City Clerk
FROM: Carla Sikes, City Attorney
SUBJECT: AN ORDINANCE TRANSFERRING $700,000 FROM THE
UNENCUMBERED FUND BALANCE OF THE GENERAL FUND TO
PROJECT C12621 - AVIATION ASSET DEFENSE
SUMMARY:
An Ordinance transferring $700,000 from the unencumbered fund balance of the General
Fund, budgeting and appropriating to Project C12621 — Aviation Asset Defense.
PREVIOUS COUNCIL ACTION:
Council previously established the Aviation Asset Defense project under a prior action;
this item represents additional appropriations necessary to continue funding ongoing
litigation -related expenditures.
BACKGROUND:
This Ordinance authorizes the transfer of $700,000 from the unencumbered fund
balance of the General Fund and budgets and appropriates the same amount into Project
C12621 — Aviation Asset Defense. The Aviation Asset Defense project supports litigation
costs associated with protecting airport property and interests. Establishing dedicated
funding ensures proper tracking, transparency, and availability of financial resources for
outside legal counsel.
FINANCIAL IMPLICATIONS:
This Ordinance transfers $700,000 from the Airport Fund's unencumbered fund balance
into Project C12621 — Aviation Asset Defense. This action also budgets and appropriates
the funds for use within the project.
BOARD/COMMISSION RECOMMENDATION:
Not applicable.
Docusign Envelope ID: D3AEF937-220A-8A2B-80C7-051C596FDD33
STAKEHOLDER PROCESS:
The Finance Department reviewed available resources and determined that the
unencumbered fund balance of the Airport Fund is the appropriate funding source to
support ongoing litigation costs.
ALTERNATIVES:
Council could choose not to approve the transfer, which would leave insufficient funding
for necessary defense of airport assets.
RECOMMENDATION:
Approve the attached Ordinance transferring $700,000 from the General Fund's
unencumbered fund balance and budgeting and appropriating the same into Project
2621 — Aviation Asset Defense.
ATTACHMENTS:
None
Docusign Envelope ID: D3AEF937-220A-8A2B-80C7-051C596FDD33
ORDINANCE NO. 11295
AN ORDINANCE TRANSFERRING $700,000 FROM THE
UNENCUMBERED FUND BALANCE OF THE GENERAL FUND
TO PROJECT C12621 -AVIATION ASSET DEFENSE
WHEREAS, the City of Pueblo owns and operates airport assets that are presently
involved in litigation requiring specialized outside legal counsel; and
WHEREAS, outside counsel is necessary to ensure the City's interests are properly
represented and protected in said litigation; and
WHEREAS, sufficient funding is available within the unencumbered fund balance of the
General Fund to support litigation costs; and
WHEREAS, the City desires to allocate Seven Hundred Thousand Dollars ($700,000) to
Project C12621 — Aviation Asset Defense to cover the anticipated legal expenses; NOW
THEREFORE
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The Finance Department is authorized to transfer Seven Hundred Thousand Dollars
($700,000) from the unencumbered fund balance of the General Fund into Project C12621 —
Aviation Asset Defense.
SECTION 2.
The transferred funds are hereby budgeted and appropriated for use within Project 2621
for litigation and defense of airport assets.
SECTION 3.
City staff are hereby authorized to take all actions necessary to implement the intent of
this Ordinance.
Action by City Council:
Introduced and initial adoption of Ordinance by City Council on September 28, 2026.
Final adoption of Ordinance by City Council on October 13, 2026.
President of City Council
Docusign Envelope ID: D3AEF937-220A-8A2B-80C7-051C596FDD33
Action b the Mayor:
)l Approved on 10/14/2026
❑ Disapproved on
based on the following objections:
Mayor
Action b _ Cit . Council After Disapproval b.. the Mayor:
❑ Council did not act to override the Mayor's veto.
❑ Ordinance re -adopted on a vote of , on
❑ Council action on failed to override the Mayor's veto,,
President of City Council
ATTEST 0t f rGe4 by:
City Clerk