Explanation
BACKGROUND: This legislation authorizes the City Auditor to allow the Division of Power and Water's (Power) capital bonds fund to reimburse the operating fund, for labor and equipment costs incurred in the installation of various street lighting projects from June 12, 2009 through October 31, 2009.
FISCAL IMPACT: There is sufficient cash in the 2009 Capital Improvements Budget to contract for this project. However, an amendment to the 2009 Capital Improvements Budget is necessary to establish sufficient authority.
EMERGENCY DESIGNATION: The Department of Public Utilities is requesting City Council to consider this legislation an emergency measure, so that there will be sufficient cash to pay operating expenses through the end of the year.
Title
To authorize the City Auditor to allow the Division of Power and Water's capital bond fund to reimburse the operating fund in the amount of $103,086.97 for labor and equipment costs incurred in the installation of various street lighting; to amend the 2009 Capital Improvement Budget; and to declare an emergency. ($103,086.97)
Body
WHEREAS, it is necessary to reimburse the Division of Power and Water (Power) for labor and equipment incurred in the installation of various street lighting projects; and
WHEREAS, the costs from the operating fund are reimbursed through the capital bonds fund; and
WHEREAS, it is necessary to authorize an amendment to the 2009 Capital Improvements Budget for purposes of providing sufficient expenditure authority for the aforementioned reimbursement; and
WHEREAS, it is necessary for this Council to authorize the City Auditor to transfer funds from the Voted Street Lighting and Electricity Distribution Improvement Fund to the Power Operating Fund; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, Division of Power and Water in that it is necessary to reimburse the Power operating fund in an emergency manner for the immediate preservation of 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's Office hereby authorizes the reimbursement (expenditure) up to an amount not to exceed $103,086.97, or so much thereof as may be needed, from the Division of Power and Water's Electricity Build America Bonds Fund and the Voted Street Lighting and Distribution Bond Fund to the Power Operating Fund, via internal bill, for labor and equipment costs incurred in the installation of various street lighting projects be and is hereby authorized from Division of Power and Water (Power), Division No. 60-07, Object Level Three 6625, and is to be disbursed as follows:
Fund: Project Number: Project Name: OCA Code: Amount:
559 670003-100002 Street Lighting Reimbursements 530032 $103,043.27
553 670787-100000 Willow Creek St. Light. Impv. 553787 $ 43.70
TOTAL $103,086.97
SECTION 2. That the 2009 Capital Improvements Budget is hereby amended as follows:
Fnd | Project No. | Project Name | Current Authority | Revised Authority | change
553 | 670608-100000 (carryover) | Distribution System Improvements | $-0-| $28,600| +$28,600
553 | 670771-100000 (carryover) | 69 KV Line Relocation to West Substation | $0 | $$39,933| +$$39,933
553 | 670784-100000 (carryover) | N. High St. Circuit Improvements | $-0- | $6,072 | +$6,072
553 | 670787-100000 (carryover) |Willow Creek Street Lighting Improvements | $1,579 | $14,381 | +$12,802
SECTION 3. 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 4. That the City Auditor is authorized to establish proper project accounting numbers as appropriate.
SECTION 5. 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 6. That for 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.