Explanation
Transportation Division crews have performed alley rehabilitation, permanent pavement marking, traffic signal, and sign installation work citywide. The expenses incurred in connection with such work are carefully tracked. These are capital assets and their costs can and should be capitalized. This legislation authorizes reimbursing the Street Construction, Maintenance and Repair Fund, the division's operating fund, for this capital improvement work.
Funds for this reimbursement are available within the Municipal Motor Vehicle License Tax Fund and constitute an eligible expense for this Fund. This ordinance authorizes the appropriation of $500,000.00 within the Municipal Motor Vehicle License Tax Fund and subsequent reimbursement of up to this amount in eligible expenses to the Street Construction, Maintenance and Repair Fund.
Emergency action is requested to allow for prompt completion of these transactions; such timely transactions contribute to accurate and efficient accounting.
Title
To authorize the appropriation of $500,000.00 within the Municipal Motor Vehicle License Tax Fund; to authorize the Public Service Director to reimburse the Street Construction, Maintenance and Repair Fund for force account alley rehabilitation, permanent pavement marking, traffic signal, and sign installation work performed by and for the Transportation Division; to authorize the expenditure of $500,000.00 from the Municipal Motor Vehicle License Tax Fund for this purpose and to declare an emergency. ($500,000.00)
Body
WHEREAS, the Transportation Division has performed force account alley rehabilitation, permanent pavement marking, traffic signal, and sign installation work; and
WHEREAS, these are capital assets and their costs should be capitalized; and
WHEREAS, it is necessary to reimburse the Street Construction, Maintenance and Repair Fund for the cost of this work; and
WHEREAS, monies for this reimbursement are available within the Municipal Motor Vehicle License Tax Fund; and
WHEREAS, these monies must be appropriated within this Fund to provide for the reimbursement; and
WHEREAS, an emergency exists in the usual daily operation of the Public Service Department, Transportation Division, in that it is immediately necessary to provide for this reimbursement prior to the close of the calendar year, thereby preserving 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 sum of $500,000.00 be and hereby is appropriated from the unappropriated balance of the Municipal Motor Vehicle License Tax Fund, Fund 266, and from all monies estimated to come into said Fund from any and all sources and unappropriated for any other purpose during the fiscal year ending December 31, 2003, to the Transportation Division, Department No. 59-09, Object Level One Code 06, Object Level Three Code 6631 and OCA Code 599115.
SECTION 2. That the monies appropriated in Section 1 shall be paid upon order of the Public Service Director and that no order shall be drawn or money paid except by voucher, the form of which shall be approved by the City Auditor.
SECTION 3. That the Public Service Director be and hereby is authorized to reimburse the Street Construction, Maintenance and Repair Fund for force account alley rehabilitation, permanent pavement marker, traffic signal, and sign installation expenses incurred by and for the Transportation Division.
SECTION 4. That for the purpose of paying for said force account alley rehabilitation, permanent pavement marking, traffic signal, and sign installation expenses, the sum of $500,000.00 or so much thereof as may be needed by and hereby is authorized to be expended from the Municipal Motor Vehicle License Tax Fund, Fund 266, Department No. 59-09, Transportation Division, Object Level One Code 06, Object Level Three Code 6631 and OCA Code 599115.
SECTION 5. That for the reasons stated in the preamble hereto, which is 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 passage if the Mayor neither approves nor vetoes the same.