Explanation
BACKGROUND
This ordinance authorizes the Director of Public Service to purchase the clocks located at 30 N. High Street, Columbus Ohio 43215 and 333 W. Broad Street, Columbus, Ohio 43215 for $1.00 (One Dollar) each; authorizes the City Auditor to appropriate and transfer $50,002.00 within the general permanent improvement fund and to authorize and direct the Director of Public Service to enter into a reimbursement agreement with the Capital Crossroads Special Improvement District for the restoration, relocation and long term maintenance of the clocks.
FISCAL IMPACT: Funds are available for this transfer within the unallocated balance of the general permanent improvement fund.
EMERGENCY: This legislation is being submitted as an emergency measure in that it is immediately necessary to the transfer funds within the general permanent improvement fund in order to undertake the restoration and relocation of the clocks before the current construction season has ended and the weather prohibits installation.
Title
To authorize the City Auditor to appropriate and transfer $50,002.00 within the General Permanent Improvement Fund; to authorize the Director of Public Service to purchase two sidewalk clocks for $2.00; to amend the 2012 C.I.B.; to authorize and direct the Director of Public Service to enter into a reimbursement agreement in an amount not to exceed $50,000.00 with the Capital Crossroads Special Improvement District for the restoration, relocation and long term maintenance of the clocks currently located at 30 N. High Street and 333 W. Broad Street; to authorize the expenditure of $50,002.00 from the General Permanent Improvement Fund; and to declare an emergency. ($50,002.00)
Body
WHEREAS, The Downtown Residents Association of Columbus and the Capital Crossroads Special Improvement District have been working diligently to restore the remaining historic street clocks in Columbus, preserving an important part of the City's history a...
Click here for full text