Explanation
This ordinance authorizes the establishment of an auditor's certificate for $425,000.00 for the reimbursement of staff time related to the administration of 2010 Capital Improvements Projects.
Fiscal Impact:
$425,000.00 is required and budgeted in the Voted 1999/2004 Recreation and Parks Bond Fund to meet the financial obligations of these various expenditures.
Title
To establish an Auditor's certificate, and to authorize the expenditure of $425,000.00 from the voted 1999/2004 Recreation and Parks Bond Fund for the reimbursement of staff time related to the administration of 2010 Capital Improvement Projects. ($425,000.00)
Body
WHEREAS, staff time reimbursements related to services for Capital Improvements Administration are necessary; and
WHEREAS, funding is available for these reimbursements from unallocated balances within the Voted 1999/2004 Recreation and Parks Bond Fund; NOW, THEREFORE:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS
Section 1. That reimbursement of staff time related to Capital Improvements Administration is necessary.
Section 2. That the expenditure of $225,000.00, or so much thereof as may be necessary, be and is hereby authorized from the Voted 1999/2004 Recreation and Parks Bond Fund, No. 746, Dept. 51-01, as follows, to pay the cost thereof.
Fund Project Project Object OCA
Type No. Title Level 3 Code Amount
746 510035-100010 Facility Improvements 6620 728050 $75,000.00
746 510035-100022 Facility Improvements 6620 728051 $50,000.00
746 510035-100024 Facility Improvements 6620 728053 100,000.00
Section 3. That the expenditure of $200,000.00, or so much thereof as may be necessary, be and is hereby authorized from the Voted 1999/2004 Recreation and Parks Bond Fund, No. 702, Dept. 51-01, as follows, to pay the cost thereof.
Fund Project Project Object OCA
Type No. Title Level 3 Code Amount
702 510316-100000 Greenway Improvements 6620 644526 $200,000.00
Section 4. 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 5. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contract or contract modifications associated with this legislation.
Section 6. That this ordinance shall take effect and be in force from and after the earliest period allowable by law.