Explanation
Background: The Public Service Department, Transportation Division, completed the Sancus Boulevard Improvement project some time ago. The project was closed out and any/all remaining funds were canceled. Subsequently, the Real Estate Division has made the division aware of a remaining $20,850.00 project-related land acquisition liability that is due NP Limited Partnership. This liability must be satisfied.
This ordinance authorizes the transfer of $20,850.00 between projects within the 1995, 1999 Voted Streets and Highways Fund and the payment of this amount to NP Limited Partnership.
Fiscal Impact: The Transportation Division did not budget for the Sancus Boulevard Improvement project in the 2004 Capital Improvement Budget. However, funds exist within the Transportation Division's facility improvement project that can be transferred for this purpose. The amount of funding earmarked for land acquisition for a future northwest outpost ($1,400,000.00) within this project's budget will be reduced by the expenditure authorized by this ordinance ($20,850.00).
Emergency action is requested to satisfy this liability as soon as possible.
Title
To authorize the transfer of $20,850.00 between projects within the 1995, 1999 Voted Streets and Highways Fund; to authorize the City Attorney to pay NP Limited Partnership $20,850.00 to satisfy an outstanding land acquisition-related liability for the Sancus Boulevard Improvement project for the Transportation Division; to authorize this expenditure from the 1995, 1999 Voted Streets and Highways Fund, and to declare an emergency. ($20,850.00)
Body
WHEREAS, the Public Service Department, Transportation Division, completed the Sancus Boulevard Improvement project; and
WHEREAS, the project was closed out and any/all remaining funds were canceled; and
WHEREAS, the Real Estate Division has made the division aware of a remaining $20,850.00 project-related land acquisition liability due NP Limited Partnership; and
WHEREAS, this liability must be satisfied; and
WHEREAS, an emergency exists in the usual daily operation of the Public Service Department, Transportation Division, in that it is immediately necessary to transfer funds between projects and expend said funds to satisfy this liability as soon as possible in order to promote good City-developer relations, thereby preserving the public health, peace, property, safety and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the transfer of $20,850.00 between projects within Fund 704, the 1995, 1999 Voted Streets and Highways Fund, be and hereby is authorized for Department No. 59-09, the Transportation Division:
TRANSFER FROM
Project # / Project / O.L. 01/O.L.03 Codes / OCA Code
590130 / Facilities / 06/6600 / 644385
Total Transfer From: $20,850.00
TRANSFER TO
Project # / Project / O.L. 01/O.L.03 Codes / OCA Code
530161 / Roadway Improvements / 06/6601 / 644385
Total Transfer To: $20,850.00
SECTION 2. That the City Attorney be and hereby is authorized to expend $20,850.00 or so much thereof as may be needed in order to satisfy an outstanding land acquisition-related liability with NP Limited Partnership for the Sancus Boulevard Improvement project for the Transportation Division.
SECTION 3. That the expenditure of $20,850.00, or so much thereof as may be needed, be and hereby is authorized from Fund 704, the 1995, 1999 Voted Streets and Highways Fund; Department No. 59-09, Transportation Division, Object Level One Code 06, Object Level Three Code 6601, OCA Code 644385 and Project 530161.
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.