Explanation
BACKGROUND:Need: This legislation authorizes the transfer of monies within the Storm Sewer Bonds Fund, and amend the 2002 Capital Improvements Budget in order to provide for the following capital improvements projects related transactions:
Transfer funds in the amount of $159,700.80 and increase the project's budget authority so as to allow sufficient funds to be available to enter into a construction contract with George J. Igel & Company, Inc. for costs associated with the Dublin Road at Urlin Avenue Storm Sewer Project.
Transfer funds in the amount of $15,000.00 and increase the project's budget authority so as to allow sufficient funds to be available to enter into an engineering agreement with EMH&T, Inc. for costs associated with the Pilot Wetlands Mitigation Project.
Transfer funds in the amount of $230,000.00, and increase the project's budget authority so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Francisco Road Stormwater Improvements Project.
Transfer funds in the amount of $25,999.35, and increase the project's budget authority so as to allow sufficient funds to acquire the necessary easements, professional services and administrative costs associated with the Big Run Erosion Control Project.
Emergency Designation: This ordinance is submitted as an emergency so as to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.
FISCAL IMPACT: The projects for which this legislation requests fund transfer currently have insufficient balances to allow for the aforementioned expenditures. These transfers do not reflect any changes to the projects planned in the 2002 Capital Improvements Budget (CIB). The changes are a temporary measure for the project that is being designed or constructed to maintain efficient cash flow within Stormwater CIB. Funds will be made available for all approved projects as needed. The following tables reflect the current actual status of the project accounts affected by this legislation:
Current Fund Availability Status:
PROJECT NO. PROJECT NAME AMOUNT
610703 Foster Street Storm System Improvements $278.00
610704 Linden Avenue Area Stormwater System $250,000.00
610722 Iuka Ravine Park Stormwater System $41,334.13
610726 Alkire Road & Holt Road $5,051.46
610753 Wetlands Mitigation $0.00
610822 Enderly Ditch Enclosure $5,604.61
610825 Astor Ditch Improvements $600.00
610834 Lockbourne Road/Obetz Road $76,614.36
610840 Oaklawn/Piedmont Road Drainage Imp $9,777.00
610845 King Avenue Underpass Improvements $6,183.50
610888 Dublin Road At Urlin Avenue Storm Sewer $0.00
610944 Olentangy River Road/Evans Run Storm Sys $9,794.00
610946 Trentwood/Shadyhill Stormwater Sys Imp. $23,189.00
610961 Big Run Erosion $0.65
610980 Neighborhood Stormwater Projects Phase 3 $5,777.00
610988 Francisco Road Ditch $0.00
610998 Neighborhood Stormwater Projects Phase 4 $120.00
Proposed Available Project Account Funds to be transferred:
PROJECT NO. PROJECT NAME BALANCE TRANSFER
610703 Foster Street Storm System Imp $0.00 ($278.00)
610704 Linden Avenue Area Storm Sys $0.00 ($250,000.00)
610722 Iuka Ravine Park Stormwater Sys $0.00 ($41,334.13)
610726 Alkire Road & Holt Road $0.00 ($5,051.46)
610753 Wetlands Mitigation $15,000.00 $15,000.00
610822 Enderly Ditch Enclosure $0.00 ($5,604.61)
610825 Astor Ditch Improvements $0.00 ($600.00)
610834 Lockbourne Road/Obetz Road $0.00 ($76,614.36)
610840 Oaklawn/Piedmont Rd Drain. Imp. $0.00 ($9,777.00)
610845 King Avenue Underpass Imp $0.00 ($6,183.50)
610888 Dublin Rd @Urlin Ave Storm Sewer $159,700.80 $159,700.80
610944 Olentangy/Evans Run Storm Sys $0.00 ($9,794.00)
610946 Trentwood/Shadyhill Storm Sys Imp $3,622.91 ($19,566.09)
610961 Big Run Erosion $26,000.00 $25,999.35
610980 Neighborhood Storm Proj Phase 3 $0.00 ($5,777.00)
610988 Francisco Road Ditch $230,000.00 $230,000.00
610998 Neighborhood Storm Proj Phase 4 $0.00 ($120.00)
2002 Capital Improvements Budget Authority: (Remaining available authority is defined as the amount authorized by the CIB Ordinance, less any expenditure & CIB amendment legislation processed to date)
PROJECT CIB AUTHORITY AS REMAINING AVAILABLE
ESTABLISHED BY ORD. 1674-02 AUTHORITY
610703 $455,000.00 $455,000.00
610753 $0.00 $0.00
610888 $100,000.00 $83,960.00
610961 $0.00 $0.00
610988 $0.00 $0.00
Proposed Available Project C.I.B. Authority to be amended: (Current CIB Authority is defined as the amount authorized by the CIB Ordinance, plus any CIB amendment legislation processed to date)
PROJECT CURRENT CIB AMOUNT AMENDED REVISED CIB
610703 $455,000.00 ($446,741.00) $8,259.00
610753 $0.00 $15,000.00 $15,000.00
610888 $100,000.00 $175,741.00 $275,741.00
610961 $0.00 $26,000.00 $26,000.00
610988 $0.00 $230,000.00 $230,000.00
Title
To authorize the City Auditor to make an intra-subfund transfer of monies within the Storm Sewer Bonds Fund, pursuant to providing the necessary capital project funds for various construction, land acquisition and professional engineering services projects in the amount of $430,700.15; for the Division of Sewerage and Drainage; to amend the Capital Improvements Budget to accommodate these various transactions; and to declare an emergency. ($430,700.15)
Body
WHEREAS, it is required in the usual daily operation of the Division of Sewerage and Drainage, Department of Public Utilities, to maintain, upgrade and expand its storm sewer collection system; and
WHEREAS, this transfer does not adversely affect the Foster Street Storm System Improvements Projects; and
WHEREAS, an emergency exists in the usual daily operation of the Division of Sewerage and Drainage, Department of Public Utilities, in that it is immediately necessary to transfer funds within the Storm Sewer Bonds Fund to execute the aforementioned capital project related transactions, for the preservation of the public health, peace, property 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 transfer monies within the said fund as follows:
Division of Sewerage and Drainage, Division 60-15
Fund 685, Storm Sewer Bonds Fund, OCA 685001
FROM:
PROJECT PROJECT NAME AMOUNT
610703 Foster Street Storm System Improvements $278.00
610704 Linden Avenue Area Stormwater System $250,000.00
610722 Iuka Ravine Park Stormwater System $41,334.13
610726 Alkire Road & Holt Road $5,051.46
610822 Enderly Ditch Enclosure $5,604.61
610825 Astor Ditch Improvements $600.00
610834 Lockbourne Road/Obetz Road $76,614.36
610840 Oaklawn/Piedmont Road Drainage Improvements $9,777.00
610845 King Avenue Underpass Improvements $6,183.50
610944 Olentangy River Road/Evans Run Stormwater System $9,794.00
610946 Trentwood/Shadyhill Stormwater System Imp. $19,566.00
610980 Neighborhood Stormwater Projects Phase 3 $5,777.00
610998 Neighborhood Stormwater Projects Phase 4 $120.00
TOTAL $430,700.15
TO:
PROJECT NO. PROJECT NAME AMOUNT
610753 Wetlands Mitigation $15,000.00
610888 Dublin Road At Urlin Avenue Storm Sewer $159,700.80
610961 Big Run Erosion $25,999.35
610988 Francisco Road Ditch $230,000.00
TOTAL: $430,700.15
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 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 2002 Capital Improvements Budget Ordinance No. 1674-02 is hereby amended as follows, in order to establish sufficient funding authority for the various capital improvements projects:
Current:
PROJECT PROJECT TITLE 2002 BUDGET AMOUNT
610703 Foster Street Storm System Improvements $455,000.00
610753 Wetlands Mitigation $0.00
610888 Dublin Road At Urlin Storm Sewer $100,000.00
610961 Big Run Erosion Control $0.00
610988 Francisco Road Ditch Improvements $0.00
TOTAL $555,000.00
Amended To:
PROJECT PROJECT TITLE 2002 BUDGET AMENDED CHANGE AMOUNT
610703 Foster Street Storm Sys Imp $8,259.00 ($446,741.00)
610753 Wetlands Mitigation $15,000.00 $15,000.00
610888 Dublin Road At Urlin Storm Sewer $275,741.00 $175,741.00
610961 Big Run Erosion Control $26,000.00 $26,000.00
610988 Francisco Road Ditch Imps. $230,000.00 $230,000.00
TOTAL $555,000.00 $0.00
Section 4. 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.