Explanation
BACKGROUND: This legislation will authorize the transfer of $187,290.00 from the Government General Grants Fund to various other funds in order to reimburse those funds for expenditures incurred in association with windstorm damages that occurred in the City of Columbus in September, 2008. Repairs to city facilities were delayed due to the lack of capital improvement fund capacity in 2008 and 2009. The last of the repair projects have recently been completed and this reimbursement results from the final payment from FEMA for this event.
FISCAL IMPACT: The City has received reimbursement from the Federal Emergency Management Agency (FEMA) for expenses that were incurred by the Department Recreation and Parks and the Department of Finance and Management as a result of the windstorm that occurred in September, 2008. The funds are being transferred from the Government General Grants Fund to the Economic Stabilization Fund and the Recreation and Parks Permanent General Improvement Fund as shown in Section 1 of this ordinance.
Title
To authorize and direct the transfer of funds received from FEMA, in the amount of $187,290.00 from the General Government Grant Fund to the economic stabilization fund and the recreation and parks general permanent improvement fund as reimbursement for expenditures associated with the windstorm that occurred in the City in September, 2008. ($187,290.00)
Body
WHEREAS, certain facilities operated by Department of Recreation and Parks and the Department of Finance and Management sustained damage during the windstorm in the Fall of 2008 and the Federal Emergency Management Agency (FEMA) has approved the reimbursement for debris removal and damage to those facilities in the amount of $187,290.00; and
WHEREAS, these funds have been received by the City and are available in the General Government Grant Fund; and
WHEREAS, it is necessary to authorize the transfer of these funds to the Economic Stabilization Fund and the Recreation and Parks Permanent General Improvement Fund as reimbursement of expenditures incurred as the result of a windstorm in the City in September, 2008; now, therefore;
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the sum of $174,347.00 be and hereby is appropriated to the General Government Grant Fund, Fund 220, Department 45, Grant 459087, Object Level Three 5501.
SECTION 2. That the amount of $51,912.00 is hereby transferred from the General Government Grant Fund, Fund 220, FEMA Grant 459087, Object Level Three 5501, to the unappropriated balance of the economic stabilization fund, fund 012, Department 45, OCA 102582, OL3 0886.
SECTION 3. That the amount of $135,378.00 is hereby transferred from the General Government Grant Fund, Fund 220, FEMA Grant 459087, Object Level Three 5501, to the unappropriated balance of the Recreation and Parks General Permanent Improvement Fund, Fund 747, Project 747999.
SECTION 4. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.