Explanation
Background: This legislation appropriates $991,000 from the unappropriated balance of the Land Management Fund for the administration of the Land Reutilization Program (Land Bank). The Land Management Fund was created in September, 1998 to provide funds for various expenses associated with the management and maintenance of properties held in the Columbus Land Bank.
Emergency action is requested so that expenditures related to the administration of Land Redevelopment projects can be charged accordingly.
Fiscal Impact: This legislation appropriates $991,000 from the unappropriated balance of the Land Management Fund. The unencumbered cash balance of this fund is approximately $937,299. This fund receives sale proceeds from Lank Bank transactions. During 2014 and 2013, $793,926 and $572,504 were received, respectively. Additional revenue of approximately $683,216 is anticipated in 2015.
Title
To authorize the appropriation of $991,000.00 from the unappropriated balance of the Land Management Fund to the Department of Development to provide funds for the administration of Land Redevelopment Office and related projects; and to declare an emergency. ($991,000.00)
Body
Whereas, the Land Management Fund was created in September 1998 to provide funds for various expenses associated with the management and maintenance of properties held in the Land Bank; and
Whereas, this legislation appropriates $991,000 from the unappropriated balance of the Land Management Fund to the Department of Development for the administration of the Land Reutilization Program; and
Whereas, the unencumbered cash balance of this fund is approximately $937,299 with $683,216 in additional revenue anticipated in 2015; and
Whereas, an emergency exists in the usual daily operation of the Department of Development, that it is immediately necessary to provide an appropriation so that expenditures related to the administration of Land Redevelopment projects can be charged accordingly, thus avoiding an interruption in the delivery of vital program services, 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 from the unallocated monies in the Land Management Fund, Fund 206, and from any and all sources unallocated for any other purpose during the fiscal year ending December 31, 2015, the sum of $991,000 be and hereby is appropriated to the Department of Development, Division 44-01, OCA Code 441206, as follows:
Object Level One / Object Level Three / Purpose / Amount
01 / 1101 / Salaries and Wages / $374,500
02 / 2188 / Lumber / $5,000
02 / 2201 / M & S -Office / $7,500
02 / 2222 / Clothing purchased by City / $1,500
03 / 3303 / Lease of Copy Machines / $3,000
03 / 3310 / Gas / $1,000
03 / 3311 / Electricity / $1,000
03 / 3312 / Water & Sewer / $25,000
03 / 3327 / Parking Charges / $500
03 / 3330 / Travel/Transportation / $2,000
03 / 3331 / Training / $2,000
03 / 3332 / Subscriptions / $2,500
03 / 3333 / Memberships / $3,000
03 / 3336 / Services-Professional / $20,000
03 / 3340 / Taxes / $15,000
03 / 3342 / Fees - Filing / $20,000
03 / 3352 / Printing / $1,000
03 / 3353 / Advertising / $1,000
03 / 3354 / Grass Cutting / $10,000
03 / 3367 / Computer Service-Access / $28,000
03 / 3370 / Property Maintenance/Repairs / $450,000
03 / 3372 / Maint. Service - Machinery / $2,500
03 / 3426 / Services - Real Estate Title / $15,000
Total: $991,000
SECTION 2. That the monies appropriated in the foregoing Section 1 shall be paid upon the order of the Development 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 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.