Explanation
1. BACKGROUND:
This legislation authorizes the Director of Public Utilities to reimburse the Division of Transportation for improvements in connection with the Hollenback Drive Reconstruction Project. The Division of Transportation agreed to construct various storm sewer, roadway lowering and related work for the Division of Sewerage and Drainage. The design of this project was performed under a Transportation Division contract.
2. FISCAL IMPACT:
The project account from which funds are being transferred from within this ordinance are from the Voted Storm Sewer Bond Fund; and legislation will amend the 2007 Capital Improvements Budget to provide sufficient budget authority. The Division is requesting a transfer of funds in order to reimburse the Division of Transportation for the storm sewer improvements they installed as a part of their Hollenback Drive Reconstruction Project.
Title
To authorize the Director of Public Utilities to reimburse the Division of Transportation for the construction of the Hollenback Drive Reconstruction Project, to authorize the transfer of $156,818.66 within the Voted Storm Sewer Bond Fund; to amend the 2007 Capital Improvements Budget; and to authorize the expenditure of $193,499.12 for the Division of Sewerage and Drainage. ($193,499.12)
Body
WHEREAS, the Division of Transportation, at the request of the Division of Sewerage and Drainage, Department of Public Utilities has incorporated the construction of storm sewer improvements into the Hollenback Drive Reconstruction Project; and
WHEREAS, Ordinance No. 1769-2004, passed October 25, 2004 authorized the Director of Public Service to enter into contract with the Decker Construction Company, for construction of the Hollenback Drive Reconstruction Project for the Transportation Division; and
WHEREAS, the aforementioned construction project has been completed, and it is necessary for this City Council to authorize the City Auditor to transfer the required funds that are necessary to allow the Director of Public Utilities to reimburse the Division of Transportation for the documented construction costs associated with the storm sewer improvements; at the earliest practicable date; and
WHEREAS, it is necessary to authorize an amendment to the 2007 Capital Improvements Budget for purposes of providing sufficient budget authority for the aforementioned project expenditure; now, therefore;
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City Auditor is hereby authorized to transfer $156,818.66 within the Voted Storm Sewer Bond Fund No. 685, for the Division of Sewerage and Drainage as follows:
FROM:
610763- Minnesota Avenue Street Construction| OL3: 6621| OCA 685763 |$156,818.66
TO:
610766 - Hollenback Drive Reconstruction Project| OL3: 6621| OCA 685766 |$156,818.66
Section 2. 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 3. That the City Auditor is authorized to establish proper project accounting numbers as appropriate.
Section 4. 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 5. That the Director of Public Utilities is authorized to reimburse the Division of Transportation for the documented construction costs of various storm sewer items, roadway lowering and related work for the Division of Sewerage and Drainage in connection with the Hollenback Drive Reconstruction Project.
Section 6. For the purpose of reimbursing the Division of Transportation for the construction services, the expenditure of $193,499.12 is hereby authorized from within the Voted Storm Sewer Bond Fund No. 685| Div.: 60-15| Project: Hollenback Drive Reconstruction Project | Project No. 610766| OCA Code 685766| Object Level Three No. 6621| Amount: $193,499.12.
Section 7. That the 2007 Capital Improvements Budget Ordinance No. 1108-2007 is hereby amended as follows, to provide sufficient budget authority for the execution of the reimbursement stated in Section 3 herein.
Proj. No. | Proj. Name | Current Authority | Revised Authority | (Amount of change)
610763 | Minnesota Avenue Street Construction | $268,981 | $112,161 | (-$156,820)
610766 | Hollenback Drive Reconstruction Project | $36,680 | $193,500 | (+$156,820)
Section 8. That this ordinance shall take effect and be in force from and after the earliest period allowed by law