Explanation
BACKGROUND: This legislation authorizes the Director of Public Utilities to reimburse the City of Reynoldsburg for the cost of design and construction of a 24" water main on East Broad Street from Waggoner Road to the Taylor Road Tank Yard. The City of Columbus agreed to pay fifty percent (50%) of the total cost. This agreement was in the form of a signed letter from the Director of Public Utilities to the City of Reynoldsburg. Once the new water main has been accepted and put into service the City of Columbus will be responsible for the operation and maintenance of this main as part of their distribution system.
FISCAL IMPACT: This legislation includes a transfer of funds within the Water Works Enlargement Voted 1991 Bonds Fund and an amendment to the 2007 Capital Improvements Budget.
Title
To authorize the Director of Public Utilities to reimburse the City of Reynoldsburg for the cost of design and construction of a 24" water main on East Broad Street from Waggoner Road to the Taylor Road Tank Yard; for the Division of Power and Water; to amend the 2007 Capital Improvements Budget; and to authorize the transfer and expenditure of $900,000 from the Water Works Enlargement Voted 1991 Bonds Fund. ($900,000.00)
Body
WHEREAS, the City of Columbus agreed to reimburse the City of Reynoldsburg for the cost of design and construction of a 24" water main on East Broad Street from Waggoner Road to the Taylor Road Tank Yard; and
WHEREAS, the City of Columbus agreed to pay fifty percent (50%) of the total cost; and
WHEREAS, it is necessary to authorize an amendment to the 2007 Capital Improvements Budget for purposes of providing sufficient funding and spending authority for the aforementioned project expenditures; and
WHEREAS, it is necessary for this Council to authorize the City Auditor to transfer funds within the Water Works Enlargement Voted 1991 Bonds Fund; and
WHEREAS, it has become necessary in the usual daily operation of the Division of Power and Water, Department of Public Utilities, to authorize the Director of Public Utilities to reimburse the City of Reynoldsburg for the cost of design and construction of a 24" water main on East Broad Street from Waggoner Road to the Taylor Road Tank Yard, for the Division of Power and Water, for the preservation of public health, peace, property, safety and welfare; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Public Utilities is authorized to reimburse the City of Reynoldsburg for the cost of design and construction of a 24" water main on East Broad Street from Waggoner Road to the Taylor Road Tank Yard, for the Division of Power and Water.
SECTION 2. That the City Auditor is hereby authorized to transfer $900,000 within the Division of Power and Water (Water), Dept/Div. No. 60-09, Water Works Enlargement Voted 1991 Bonds Fund, Fund No. 606, Object Level One 06, Object Level Three 6629, as follows:
Project No. | Project Name | OCA Code | (change)
690448 | McKinley Ave. 36" W.M. | 606448 | (-$900,000) |
690469 | Broad St. 24" W.M. | 606469 | (+$900,000) |
SECTION 3. That the 2007 Capital Improvements Budget is hereby amended as follows:
Project No. | Project Name | Current Authority | Revised Authority | (change)
690448 | McKinley Ave. 36" W.M. | $3,006,045| $2,106,045 | (-$900,000)
690469 | Broad St. 24" W.M. | $1,800,000 | $2,700,000 | (+$900,000)
SECTION 4. That for paying the cost of these water line improvements, the expenditure of $900,000.00 is hereby authorized from the Water Works Enlargement Voted 1991 Bonds Fund No. 606, Department 60, Division 09, OCA Code 606469, Object Level One 06, Object Level Three 6629, Project Number 690469, to pay the cost thereof.
SECTION 5. That the City Auditor is hereby authorized and directed to transfer any unencumbered balance in the project account to the unallocated balance 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 made from a project account by monies from more than one source.
SECTION 6. That the City Auditor is authorized to establish proper project accounting numbers as appropriate.
SECTION 7. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this Ordinance.
SECTION 8. That this Ordinance shall take effect and be in force from and after the earliest period allowed by law.