HomeMy WebLinkAbout6876RESOLUTION NO. 6876
A RESOLUTION AUTHORIZING THE PUEBLO DEVELOPMENT FOUNDATION,
A COLORADO NON - PROFIT CORPORATION, TO CONSTRUCT A SHELL BUILDING
AT THE PUEBLO AIRPORT INDUSTRIAL PARK
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO, COLORADO, that:
SECTION 1:
Preliminary authorization is hereby given to the Pueblo Development Foundation,
a Colorado Non - Profit Corporation, to construct a 25,000 square foot shell building
at the Pueblo Airport Industrial Park for an amount not to exceed $300,000.
SECTION 2:
An agreement between the City of Pueblo and the Pueblo Development Foundation
shall be prepared and formally submitted to the City Council for final approval,
with such terms as the City Manager may require and upon approval as to form by the
City Attorney.
SECTION 3:
Funds for said project is hereby authorized to be transferred from the Sales
and Use Tax Capital Improvement Fund for the specific purpose of constructing the
building.
ATTEST:
INTRODUCED December 23 . 1991
BY: HOWARD WHITLOCK
Councilperson
APPROVED:
Ci y Clerk Pre nt of the Council