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Resolution No. 6876 is hereby rescinded.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