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HomeMy WebLinkAbout7053RESOLUTION NO. 7053 A RESOLUTION AUTHORIZING THE PUEBLO DEVELOPMENT FOUNDATION, A COLORADO NON - PROFIT CORPORATION, TO CONSTRUCT A SHELL BUILDING AT THE PUEBLO AIRPORT INDUSTRIAL PARK AND RESCINDING RESOLUTION NO. 6876 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 $365,000. 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 are hereby authorized to be transferred from the Sales and Use Tax Capital Improvement Fund Account Number 34- 1992 - 100 -0 -40 -8905 for the specific purpose of constructing the building. SECTION 4• Resolution No. 6876 is hereby rescinded. SECTION 5• This Resolution shall become effective upon approval and passage. ATTEST: I M ., M",u lerk INTRODUCED January 11 , 1993 By HOWARD WHITLOCK Councilperson APPROVED: Presid nt of t e Council