Explanation
BACKGROUND
Need: This legislation authorizes the transfer of monies within the Storm Sewer Bonds Fund, $548,900.56; and to amend the 2002 Capital Improvements Budget in order to provide for the following capital improvements projects related transactions:
Transfer funds in the amount of $4,500.00, and increase the project's budget authority so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Oaklawn/Piedmont Drainage Improvement Project.
Transfer funds in the amount of $11,225.00 so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Napoleon /Broad Stormwater System Improvement Project.
Transfer funds in the amount of $30,000.00, and increase the project's budget authority so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Gould Park Stormwater System Improvement Project.
Transfer funds in the amount of $300,000.00, and increase the project's budget authority so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Briggs Road Ditch Improvement Project.
Transfer funds in the amount of $42,240.00 so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Bexvie Avenue Stormwater System Improvement Project.
Transfer funds in the amount of $20,075.00 so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Hague Avenue Stormwater System Improvement Project.
Transfer funds in the amount of $140,860.56 and increase the project's budget authority so as to allow sufficient funds to be available to modify the engineering agreement with Camp Dresser & McKee for costs associated with the Bliss Run Trunk Sewer Improvements Project, Phase 3. An additional $581,081.44 is being transferred from the Storm Sewer Operating Fund to the Storm Sewer Bonds Fund in a separate ordinance to provide sufficient funding for the $721,942.00 engineering modification.
Increase the project's budget authority so as to allow sufficient funds to be available to modify the engineering agreement with Dynotec, Inc. for costs associated with the McDannald Estate Project.
Emergency Designation: This ordinance is submitted as an emergency so as to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.
Fiscal Impact: The projects for which this legislation requests fund transfer currently have insufficient balances to allow for the aforementioned expenditures. These transfers do not reflect any changes to the projects planned in the 2002 Capital Improvements Budget (CIB). The changes are a temporary measure for the project that is being designed or constructed to maintain efficient cash flow within the Stormwater CIB. Funds will be made available for all approved projects as needed.
The transfers are as follows:
TRANSFER FROM
610835 Kilbourne Run Ditch Improvement 41,547.84
610876 Greenlawn/Eaton 371,562.95
610946 Trentwood/Shadyhill System Improvement 3,622.91
610965 Greenhill Acres Subdivision 100,000.00
610994 McDannald Subdivision 22,166.86
610996 Briarmeadow Drive Culvert 10,000.00
$ 548,900.56
TRANSFER TO
610840 Oaklawn/Piedmont $ 4,500.00
610872 Napoleon/Broad 11,225.00
610893 Gould Park 30,000.00
610923 Bliss Run Trunk Sewer Improvements Phase 3 140,860.56
610953 Briggs Road Ditch 300,000.00
610960 Bexvie Avenue 42,240.00
610963 Hague Avenue 20,075.00
$ 548,900.56
2002 Capital Improvements Budget Authority: (Remaining available authority is defined as the amount authorized by the CIB Ordinance, less any expenditure & CIB amendment legislation processed to date).
PROJECT CIB AUTHORITY AS REMAINING AVAILABLE
ESTABLISHED BY ORD. 1674-02 AUTHORITY
610712 $1,155,000.00 $1,155,000.00
610840 $ 92,530.00 $ 0.00
610893 $ 0.00 $ 0.00
610923 $ 507,800.00 $ 0.00
610953 $ 88,000.00 $ 0.00
610994 $ 33,557.00 $ 0.00
Proposed Available C.I.B. Authority to be amended: (Current CIB Authority is defined as the amount authorized by the CIB Ordinance, plus any CIB amendment legislation processed to date).
PROJECT CURRENT CIB AMOUNT AMENDED REVISED CIB
610712 $1,260,000.00 ($1,074,294.00) $ 185,706.00
610840 $ 151,030.00 $ 4,500.00 $ 155,530.00
610893 $ 75,000.00 $ 30,000.00 $ 105,000.00
610923 $ 507,800.00 $ 721,942.00 $1,229,742.00
610953 $ 163,000.00 $ 300,000.00 $ 463,000.00
610994 $ 93,557.00 $ 17,852.00 $ 111,409.00
Title
To authorize the City Auditor to make an intra-subfund transfer of monies within the Storm Sewer Bonds Fund, pursuant to providing the necessary capital project funds for various land acquisition and professional engineering services projects in the amount of $548,900.56; to amend the Capital Improvements Budget to accommodate these various transactions for the Division of Sewerage and Drainage; and to declare an emergency. ($548,900.56)
Body
WHEREAS, it is required in the usual daily operation of the Division of Sewerage and Drainage, Department of Public Utilities, to maintain, upgrade and expand its storm sewer collection system; and
WHEREAS, this transfer does not adversely affect the ST 24 Refugee Road Pump Station Project; and
WHEREAS, an emergency exists in the usual daily operation of the Division of Sewerage and Drainage, Department of Public Utilities, in that it is immediately necessary to transfer funds within the Storm Sewer Bonds Fund to execute the aforementioned capital project related transactions, 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 the City Auditor is hereby authorized and directed to transfer monies within the said fund as follows:
Division of Sewerage and Drainage, Division 60-15
Fund 685, Storm Sewer Bonds Fund, OCA 685001
TRANSFER FROM
610835 Kilbourne Run Ditch Improvement $ 41,547.84
610876 Greenlawn/Eaton 371,562.95
610946 Trentwood/Shadyhill System Improvement 3,622.91
610965 Greenhill Acres Subdivision 100,000.00
610994 McDannald Subdivision 22,166.86
610996 Briarmeadow Drive Culvert 10,000.00
$ 548,900.56
TRANSFER TO
610840 Oaklawn/Piedmont $ 4,500.00
610872 Napoleon/Broad 11,225.00
610893 Gould Park 30,000.00
610923 Bliss Run Trunk Sewer Improvements Phase 3 140,860.56
610953 Briggs Road Ditch 300,000.00
610960 Bexvie Avenue 42,240.00
610963 Hague Avenue 20,075.00
$ 548,900.56
Section 2. That the City Auditor is hereby authorized and directed to transfer any unencumbered balance in the project account to the unallocated balance account 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 no longer required for said project; except that no transfer shall be so made from a project account by monies from more than one source.
Section 3. That the 2002 Capital Improvements Budget Ordinance No. 1674-02 is hereby amended as follows, in order to establish sufficient funding authority for the various capital improvements project:
CURRENT
PROJECT PROJECT TITLE 2002 BUDGET AMOUNT
610712 ST-24 Refugee Road Pump Station $1,260,000.00
610840 Oaklawn/Piedmont $ 151,030.00
610893 Gould Park $ 75,000.00
610923 Bliss Run Phase 3 $ 507,800.00
610953 Briggs Road $ 163,000.00
610994 McDannald Estates $ 93,557.00
$2,250,387.00
AMENDED TO
PROJECT CURRENT CIB AMOUNT AMENDED REVISED CIB
610712 ST-24 Refugee Road PS ($1,074,294.00) $ 185,706.00
610840 Oaklawn/Piedmont $ 4,500.00 $ 155,530.00
610893 Gould Park $ 30,000.00 $ 105,000.00
610923 Bliss Run Phase 3 $ 721,942.00 $1,229,742.00
610953 Briggs Road $ 300,000.00 $ 463,000.00
610994 McDannald Estates $ 17,852.00 $ 111,409.00
$ 0.00 $2,250,387.00
Section 4. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared an emergency measure and shall 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.