Title
Ordinance No. 18-29 amending Ordinance No. 17-116 (2018 Appropriation Ordinance) for a supplemental appropriation to the General Fund in the amount of $346,506 for The Tutt and Cowpoke Stormwater Project
Presenter:
Richard Mulledy, P.E., Water Resources Engineering Division Manager
Body
Summary:
The Water Resources Engineering Division within the Public Works Department requests approval of the attached ordinance for a supplemental appropriation in the amount of $346,506 to the Tutt Boulevard Bridge project. The source of funds is the Tutt bridge surcharge fees held in escrow.
Previous Council Action:
On December 12, 2017, City Council approved the original 2018 budget per Ordinance No. 17-116 (2018 Appropriation Ordinance).
Background:
The attached ordinance is a supplemental appropriation to move funds currently held in escrow to the general fund for the construction of the Tutt Boulevard Bridge over Cottonwood Creek in order to construct the Tutt/Cowpoke Detention Facility (PR-2). The total project amount is estimated at $1.75 million.
Between 2003 and 2014, the Reel and Powerwood Annexation agreements (see Exhibit A) were approved by City Council with the stipulation that fees would be assessed and collected when property was platted to fund the construction of the Tutt Bridge over Cottonwood Creek. The location of this bridge has been identified where Tutt Boulevard will cross Cottonwood Creek and extend north from its current location at the intersection of Tutt Boulevard and Cowpoke Road as detailed in the City's Major Thoroughfare Plan (see Exhibit B).
The City is committed to constructing a regional storm water facility, PR-2, per the Intergovernmental Agreement (IGA) with Pueblo County at this location beginning in the Fall of 2018. The functionality of this facility necessitates that a roadway embankment be constructed over Cottonwood Creek for the extension of Tutt Boulevard with the roadway embankment serving as a ...
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