Explanation
BACKGROUND:
Scioto Greenways Project involves the removal of the Main Street Dam, the restoration of the Scioto River, construction of park improvements, and related utility and bridge improvements along both sides of the Scioto River between the confluence of the Scioto River and the Olentangy River to approximately 800 feet south of the current Main Street Dam.
Ordinance 1253-2012 previously authorized the City of Columbus to enter into contract with Columbus Downtown Development Corporation (CDDC) in the amount of $18,000,000. This legislation will authorize the expenditure of $4,000,000 in accordance with the existing contract "Scioto Greenways Project Primary Agreement" as previously approved by council action on July 23, 2012.
FISCAL IMPACT:
$4,000,000 in Recreation and Parks Bond Funds toward the estimated $35,500,000 total project cost subject to future appropriations by Columbus City Council. Future legislation will appropriate bond funds in 2014 and 2015.
Title
To authorize the City Auditor to transfer $4,000,000.00 within the voted Recreation and Parks Bond Fund 702; to amend the 2012 Capital Improvements Budget Ordinance 0368-2012; to authorize and direct the Director of Recreation and Parks to create a purchase order in the amount of $4,000,000 with the Columbus Downtown Development Corporation based on Ordinance 1253-2012 approval; to authorize the expenditure of $4,000,000.00 from the Voted Recreation and Parks Bond Fund; and to declare an emergency. ($4,000,000.00)
Body
WHEREAS, it is necessary for the Director of Recreation and Parks, to create initial purchase order with CDDC for the removal of the Main Street Dam and the development of the Scioto River; and
WHEREAS, the 2012 Capital Improvement Budget will be amended to reflect the fund transfers from projects within Fund 702 for the Main Street Dam Project; and
WHEREAS, funds are being moved to alternate project within Fund 702 to establish correct funding locations for this project; and
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to enter into said agreement so that work can begin immediately and maintain schedule for 2015 completion, thereby preserving the public health, safety and welfare; Now, Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Recreation and Park be and is hereby authorized to create a purchase order for initial $4,000,000 payment toward the Scioto Greenways Primary Agreement with the Columbus Downtown Development Corporation for the removal of the Main Street Dam and the development of the Scioto River.
SECTION 2. That the City Auditor is hereby authorized to transfer $4,000,000.00 within the voted Recreation and Parks Bond Fund 702 for the projects listed below:
FROM:
Project OCA Code Object Level 3 Amount
510316-100000 (Greenways Projects) 644625 6621 $1,000,000.00
510017-100045 (Battelle Park Imp.) 721745 6621 $1,000,000.00
510035-100047 (Santa Maria) 723547 6621 $1,000,000.00
510316-100026 (Greenways Watercourse)721626 6621 $1,000,000.00
TO:
Project OCA Code Object Level 3 Amount
510713-100002 (Scioto Greenways) 727132 6621 $4,000,000.00
SECTION 3. That the 2012 Capital Improvements Budget Ordinance 0368-2012 is hereby amended as follows in order to provide sufficient budget authority for this legislation.
CURRENT:
Fund 702; Project 510713-100002 / Scioto Greenways / $0 (SIT Supported)
Fund 702; Project 510316-100000 / Greenways Projects / $2,930,440.00 (SIT Supported)
Fund 702; Project 510017-100045 / Battelle Park Imp. / $1,000,000.00 (SIT Supported)
Fund 702; Project 510035-100047 / Santa Maria / $1,000,000.00 (SIT Supported)
Fund 702; Project 510316-100026 / Greenways Watercourse / $1,000,000.00 (SIT Supported)
AMENDED TO:
Fund 702; Project 510713-100002 / Scioto Greenways / $4,000,000.00 (SIT Supported)
Fund 702; Project 510316-100000 / Greenways Projects / $1,930,440.00 (SIT Supported)
Fund 702; Project 510017-100045 / Battelle Park Imp. / $0 (SIT Supported)
Fund 702; Project 510035-100047 / Santa Maria / $0 (SIT Supported)
Fund 702; Project 510316-100026 / Greenways Watercourse / $0 (SIT Supported)
SECTION 4. That the expenditure of $4,000,000.00, or so much thereof as may be necessary, be and is hereby authorized from the Voted Recreation and Parks Voted Bond Fund 702 as follows:
Project OCA Code Object Level 3 Amount
510713-100002 (Scioto Greenways) 727132 6621 $4,000,000.00
SECTION 5. That the City Auditor is hereby authorized to transfer the unencumbered balance in a 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 6. 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 legislation.
SECTION 7. 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 10 days after passage if the Mayor neither approves nor vetoes the same.