Explanation
BACKGROUND: This legislation authorizes an amendment to the 2005 CIB, the transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund and the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects from June 22, 2005 through January 17, 2006.
Emergency action is requested in order that financial transactions may be completed and the Division of Electricity reimbursed in a timely manner.
FISCAL IMPACT: The Division is requesting an amendment to the 2005 Capital Improvements Budget for purposes of establishing sufficient budget authority for this expenditure. In addition, this legislation includes a transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund.
Title
To amend the 2005 Capital Improvements Budget; to authorize the transfer of $1,777.01 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects; to authorize the expenditure up to an amount not to exceed $99,137.05; and to declare an emergency. ($99,137.05)
Body
WHEREAS, the Division of Electricity has incurred costs for labor and equipment necessary for the installation of various street lighting projects from its operating fund; and
WHEREAS, it is necessary to reimburse the Division of Electricity for costs incurred in the construction of various street lighting projects; and
WHEREAS, it is necessary to transfer funds and budget authority within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund to provide funding in the appropriate projects for the reimbursement to the Division of Electricity; and
WHEREAS, it is necessary to amend the 2005 Capital Improvements Budget to reflect the transfers between projects within Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Funds; and
WHEREAS, an emergency exists in the usual daily operations of the Department of Public Utilities, Division of Electricity, in that it is immediately necessary to reimburse the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects, as an emergency in order that financial transactions may be completed and the Division of Electricity reimbursed in a timely manner, for the immediate preservation of the public health, peace, property, safety and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the 2005 Capital Improvements Budget is hereby amended as follows:
PUBLIC UTILTIES/ELECTRICITY 60-07
CURRENT AMENDED
PROJECT CIB CIB
PROJECT NAME NUMBER (CARRYOVER (CARRYOVER)
Berwyn East 670618 $ 408.00 $ 426.00 (+$18)
Refugee-SR33-Hamilton 670623 2,178.00 2,215.00 (+37)
Thurber Village SL 670628 2,083.00 4,740.00 (+2657)
Alum Creek Street Lighting 670629 126,133.00 127,730.00 (+1597)
Harrison West 670632 20.00 126.00 (+106)
Wilshire Heights SL 670635 0.00 19 (+19)
Street Lighting 670003 $ 1,057,418.00 $ 1,052,984.00 (-4434)
SECTION 2. That the City Auditor is hereby authorized and directed to transfer $1,777.01 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund 553 as follows:
FROM:
PROJECT PROJECT OCA OBJECT
NUMBER NAME CODE LEVEL THREE AMOUNT
670003 Street Lighting 675017 6625 $ 1,777.01
Total $1,777.01
TO:
PROJECT PROJECT OCA OBJECT
NUMBER NAME CODE LEVEL THREE AMOUNT
670618 Berwyn East 670618 6625 $ 18.10
670623 Refugee-SR33-Hamilton 670623 6625 36.20
670629 Alum Creek Street Ltg. 670629 6625 1,596.05
670632 Harrison West 670632 6625 108.56
670635 Wilshire Heights SL 670635 6625 18.10
Total $ 1,777.01
SECTION 3. That the reimbursement to the Division of Electricity is hereby authorized for labor and equipment costs incurred in the installation of various street lighting projects up to an amount not to exceed $99,137.05, or so much thereof as may be needed, be and is hereby authorized from Division of Electricity, Division No. 60-07, Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund 553 and is to be disbursed as follows:
PROJECT PROJECT OCA OBJECT
NUMBER NAME CODE LEVEL THREE AMOUNT
670003 Street Lighting 675017 6625 $ 92,854.79
670618 Berwyn East 670618 6625 18.10
670623 Refugee-SR33-Hamilton 670623 6625 36.20
670624 Pine Hills 670624 6625 1,848.67
670628 Thurber Village SL 670628 6625 2,656.58
670629 Alum Creek Street Ltg. 670629 6625 1,596.05
670632 Harrison West 670632 6625 108.56
670635 Wilshire Heights SL 670635 6625 18.10
Total $ 99,137.05
SECTION 4. That for the reasons stated in the preamble hereto which is hereby made a part hereof, this ordinance is 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 passage if the Mayor neither approves nor vetoes the same.