Explanation
BACKGROUND: This legislation authorizes the transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Funds and the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects from October 28, 2004 through February 8, 2005. This legislation also amends the 2004 Capital Improvements Budget to reflect the transfers.
Title
To amend the 2004 Capital Improvements Budget; to authorize the transfer of $3,753.71 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects; and to authorize the expenditure up to an amount not to exceed $63,313.40.($63,313.40)
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 2004 Capital Improvements Budget to reflect the transfer of funds; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the 2004 Capital Improvements Budget is hereby amended as follows:
PUBLIC UTILITIES/ELECTRICITY 60-07
PROJECT CURRENT AMENDED
PROJECT NAME NUMBER CIB CIB
Street Lighting 670003 723,941 720,187
Glenbrook Subdivision 670610 280,750 280,783
Forest Park 670616 1,283 1,469
Sharon Woods 670617 0 96
Berwyn East 670618 113,116 113,149
Pine Hills 670624 321 372
Harrison W. 670632 0 17
Webster Canyon 670633 194 3,075
Bridgeview Hill 670636 0 372
Agler Road Street Ltg 670767 591 676
SECTION 2. That the City Auditor is hereby authorized and directed to transfer $3,753.71 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund 553 as follows:
FROM:
Project Number 670003 | Street Lighting | OCA 675017 | OL3 6625 | Amount: $3,753.71
TO:
Project Number 670610 | Glenbrook Subdivision | OCA 670610 | OL3 6625| Amount: $33.75
Project Number 670616 | Forest Park | OCA 670616 | OL3 6625 | Amount: $185.65
Project Number 670617 | Sharon Woods | OCA 670617 | OL3 6625 | Amount: $95.51
Project Number 670618 | Berwyn East | OCA 670618 | OL3 6625 | Amount: $33.75
Project Number 670624 | Pine Hills | OCA 670624 | OL3 6625 | Amount: $50.63
Project Number 670632 | Harrison West | OCA 670632 | OL3 6625 | Amount: $16.88
Project Number 670633 | Webster Canyon | OCA 670633 | OL3 6625 | Amount: $2,881.87
Project Number 670636 | Bridgeview Hill | OCA 670636 | OL3 6625 | Amount: $371.29
Project Number 670767 | Agler Street Ltg. | OCA 670767 | OL3 6625 | Amount: $84.38
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 $63,313.40.
SECTION 4. That to pay the cost of the aforesaid reimbursement to the Division of Electricity, the expenditure of $63,313.40, 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 Number 670003 | Street Lighting | OCA 675017 | OL3 6625 | Amount: $59,559.69
Project Number 670610 | Glenbrook Subdivision | OCA 670610 | OL3 6625 | Amount: $33.75
Project Number 670616 | Forest Park | OCA 670616 | OL3 6625 | Amount: $185.65
Project Number 670617 | Sharon Woods | OCA 670617 | OL3 6625 | Amount: $95.51
Project Number 670618 | Berwyn East | OCA 670618 | OL3 6625 | Amount: $33.75
Project Number 670624 | Pine Hills | OCA 670624 | OL3 6625 | Amount: $50.63
Project Number 670632 | Harrison W. | OCA 670632 | OL3 6625 | Amount: $16.88
Project Number 670633 | Webster Canyon | OCA 670633 | OL3 6625 | Amount: $2,881.87
Project Number 670636 | Bridgeview Hill | OCA 670636 | OL3 6625 | Amount: $371.29
Project Number 670767 | Agler Street Ltg.| OCA 670767 | OL3 6625 | Amount: $84.38
SECTION 5. That this Ordinance shall take effect and be in force from and after the earliest period allowed by law.