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HomeMy WebLinkAbout7530RESOLUTION NO. 7530 A RESOLUTION APPROVING FUNDING TO THE UNIVERSITY OF SOUTHERN COLORADO FOR UPGRADES TO RAWLINGS SPORTS COMPLEX TO ACCOMMODATE A MINOR LEAGUE BASEBALL TEAM. WHEREAS, the University of Southern Colorado is requesting $125,000 to upgrade Rawlings Sports Complex to accommodate a Minor League Baseball team; and WHEREAS, the City of Pueblo is prepared to approve this request by disbursing $25,000 a year of lottery funds to the university; and WHEREAS, the funds for 1995 will be made available from the 001 -190 Intergovernmental Fund by reducing the terminal pay account; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, THAT: SECTION 1 SECTION 2 Approval and authorization is hereby given for the disbursement of $25,000 a year over the next five years to the University of Southern Colorado to upgrade Rawlings Sports Complex. Annual disbursement of these funds is contingent upon or subject to the following: 1. Appropriation of equal amounts by the County of Pueblo. 2. University of Southern Colorado securing funding in the amount of $500,000. 3. Minor league team remaining in Pueblo. 4. Annual appropriation of funds. INTRODUCED December 12 BY: SAMUEL CORSENTINO , 1994 Councilperson ATTEST: Ci Clerk APPROVED: 24e Pre i of the Council