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HomeMy WebLinkAbout7537RESOLUTION NO. 7537 A RESOLUTION APPROVING THE TRANSFER OF FUNDS WITHIN THE INTERGOVERNMENTAL DEPARTMENT TO PROVIDE FUNDING FOR THE LATINO CHAMBER OF COMMERCE WHEREAS, the Latino Chamber of Commerce has requested funding in the amount of $60,000 to provide an incubator for minority business; and WHEREAS, the Pueblo City Council desires to provide said funding to promote the development of local business and the local economy; and WHEREAS, funds are available in the Intergovernmental Department, Contingencies account and Terminal Pay account; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO, THAT: SECTION 1 A transfer of funds in the amount of $57,500 is hereby authorized and approved. SECTION 2 Funds will be transferred from account 001 -195 -501, Contingencies, in the amount of $25,000 and from account 001 -195- 502, Terminal Pay, in the amount of $32,500. SECTION 3 Funds will be transferred into account 001 - 190 -924 to be disbursed to the Latino Chamber of Commerce. INTRODUCED December 27 , 1994 BY: PATRICK AVALOS Councilperson ATTEST: Cit Clerk APPROVED: X 0 # 1 , r14 0-- A 4 ��� r i ent of the Council