Explanation
Background: Ordinance No. 1396-2010, passed November 1, 2010, authorizing the City Attorney to acquire certain property rights, and to expend monies in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project. The preliminary amount of funding originally made available for this project was done so with the understanding that additional monies may be necessary at certain points during the acquisition process to cover anticipated settlement costs, and those staff hours necessary to the projects completion. The following legislation authorizes the expenditure of additional funds within the Division of Sewers and Drains, Storm Recovery Zone Super Build America Bonds Fund for payment of acquisition costs in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project.
Fiscal Impact: There is sufficient cash and authority within the Storm Recovery Zone Super Build America Bonds Fund for the purpose of providing the necessary funding required for this expenditure.
Emergency Justification: Emergency action is requested to allow the additional funds necessary to the completion of the acquisition phase of this project to be transferred in to the appropriate fund and expended without delay.
Title
To provide additional funding necessary to the on going acquisition of fee simple title and lesser interests in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project; to authorize the expenditure of $2,000.00 from within the Storm Recovery Zone Super Build America Bonds Fund and to declare an emergency. ($2,000.00).
Body
WHEREAS, it is necessary for City Council to authorize the expenditure of $2,000.00 from the Storm Recovery Zone Super Build America Bonds Fund; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, Division of Sewers and Drainage, in that it is immediately necessary to provide additional funding necessary to the on going acquisition of fee simple title and lesser interests in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project for the preservation of the public health, peace, property and safety; now, therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That Ordinance No. 1396-2010, passed November 1, 2010, authorizing the City Attorney to acquire certain property rights, and to expend monies in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project. The preliminary amount of funding originally made available for this project was done so with the understanding that additional monies may be necessary at certain points during the acquisition process to cover anticipated settlement costs, and those staff hours necessary to the projects completion and therefore, the expenditure of $2,000.00, or as much thereof as may be needed, is hereby authorized from Storm Recovery Zone Super Build America Bonds Fund; Fund No.677 | Division 60-15 | Project 610990-100004 | OCA Code 679904 | Object Level Three 6601 in order to provide additional funding necessary to the project's on going acquisition of fee simple title and lesser interests.
Section 2. That the City Auditor is hereby authorized to transfer any unencumbered balance in the project account to the unallocated balance within the same fund upon receipt of certification by the Director of the Department administering said project that the project has been completed and the monies are no longer required for said project; except that no transfer shall be made from a project by monies from more than one source.
Section 3. That the City Auditor is authorized to establish proper project accounting numbers as appropriate.
Section 4. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
Section 5. That for the reasons stated in the preamble hereto, which are hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor or ten days after its passage if the Mayor neither approves nor vetoes the same.