Explanation
This legislation authorizes the transfer and appropriation of funds within the Sewer System Permanent Improvements Fund for purposes of providing the ineligible costs of an OWDA Loan in connection with the Walhalla Ravine Area Sanitary Improvements, Part B Project.
Ord. No. 1835-02, authorized the expenditure of $2,121,661.03 with Reynolds, Inc., for funding the sewer rehabilitation contract (EL003033) for the subject project. The OWDA Loan declared $71,302.00 of this contract ineligible. This legislation will provide the funding for this amount from within the Sewer System Permanent Improvements Fund. Upon passage of this legislation the Division will cancel $71,302.00 from the original contract, and will initiate the establishment of a new contract using the funding provided by this legislation.
Title
To authorize the transfer and appropriation of $71,302.00 of funds within the Sewer System Permanent Improvements Fund in connection with the Walhalla Ravine Area Sanitary Improvements, Part B Project, for the Division of Sewerage and Drainage, and to declare an emergency.
Body
WHEREAS, Ordinance No. 1835-02, passed December 9, 2003, authorized the Director of Public Utilities to enter into contract with Reynolds, Inc., for the construction of the Walhalla Ravine Area Sanitary Improvement, Part B Project; and
WHEREAS, the City of Columbus did enter into loan agreements with the Ohio Water Development Authority, State of Ohio Water Pollution Control Loan Fund; and whereupon it has been determined that $71,302.00 of the improvements associated with Part B are ineligible for reimbursement under the terms of the loan agreement, and
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, Division of Sewerage and Drainage in that it is immediately necessary for this City Council to authorize the City Auditor to transfer and appropriate funds within the Sewer System Permanent Improvements Fund for purposes of providing the City's ineligible share of the contract for the construction of the Walhalla Ravine area Sanitary Improvements, Part B Project as funded by the Ohio Water Pollution Control Loan Fund; for the preservation of the public, health, peace, and safety, now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City Auditor is hereby authorized and directed to appropriate a total of $71,302.00 within the Sewer System Permanent Improvements Fund as follows:
Division No. 60-05| Project: Unallocated Balance| Project No. 671999| OCA 900671| Object Level 3 No.: 6630.
Section 2. That the City Auditor is hereby authorized and directed to transfer monies in the said fund as follows:
FROM:
Project: Unallocated Balance/Div.: 60-05/Fund 671/Project: 671999/OCA: 900671
TO:
Project: Walhalla Ravine Area/Div.:60-05/Fund 671/Project: 650662/OCA: 671662
Section 3. That the city Auditor is hereby authorized and directed to transfer any unencumbered balance in the project account to the unallocated balance account 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 are no longer required for said project; except that no transfer shall be so made from a project account funded by monies from more than one source.
Section 4. That the City Auditor is authorized to make any accounting changes to revise the funding source for contract no. EL003033.
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 approved nor vetoes the same.