Explanation
BACKGROUND:
This ordinance authorizes a transfer of $5,640.00 between projects within the Voted 1995/1999/2004 Streets and Highways Fund to provide funds to close out the Hartman Ponds Section I project. An invoice for this project was incorrectly marked as "final" and the balance remaining on the contract was cancelled. This balance was then transferred to another project. This legislation will transfer the funds back to the proper project and authorize the expenditure of $5,640.
FISCAL IMPACT:
This ordinance authorizes the transfer of $5,640.00 between projects within the Voted 1995/1999/2004 Streets and Highway Fund.
Title
To authorize the City Auditor to transfer $5,640.00 between projects within the Voted 1995/1999/2004 Streets and Highways Fund; to authorize the expenditure of $5,640.00 from the Voted 1995/1999/2005 Streets and Highways Fund; and to declare an emergency. ($5,640.00)
Body
WHEREAS, this ordinance authorizes a transfer of $5,640.00 between projects within the Voted 1995/1999/2004 Streets and Highways Fund to provide funds to close out the Hartman Ponds Section I project; and
WHEREAS, an invoice for this project was incorrectly marked as "final" and the balance remaining on the contract was cancelled; and
WHEREAS, this balance was then transferred to another project; and
WHEREAS, this legislation will transfer the funds back to the proper project and authorize the expenditure of $5,640; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to both transfer funds within the Voted 1995/1999/2004 Streets and Highways Fund and to authorize the expenditure of $5,640.00, all 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:
WHEREAS, this ordinance authorizes a transfer of $5,640.00 between projects within the Voted 1995/1999/2004 Streets and Highways Fund to provide funds to close out the Hartman Ponds Section I project; and
WHEREAS, an invoice for this project was incorrectly marked as "final" and the balance remaining on the contract was cancelled; and
WHEREAS, this balance was then transferred to another project; and
WHEREAS, this legislation will transfer the funds back to the proper project and authorize the expenditure of $5,640; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to both transfer funds within the Voted 1995/1999/2004 Streets and Highways Fund and to authorize the expenditure of $5,640.00, all 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 City Auditor is hereby authorized to transfer $5,640.00 within Fund 704, Voted 1995/1999/2004 Streets and Highways Fund as follows:
FROM:
Division 59-05, Project 530303, Object Level One 06, Object Level Three 6631, OCA Code 644385, Amount $5,640.00.
TO:
Division 59-09, Project 530302, Object Level One 06, Object Level Three 6631, OCA Code 644385, Amount $5,640.00.
Section 2. That the expenditure of $5,640.00 is hereby authorized from Fund 704, Voted 1995/1999/2004 Streets and Highways Fund, Division 59-09, Project 530302, Object Level One 06, Object Level Three 6631, OCA Code 644385.
Section 3. 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.