EXPLANATION
BACKGROUND: This legislation authorizes amendments to the 2018 Capital Improvement Budget and also authorizes the City Auditor to transfer various funds within the Construction Management Capital Improvement Fund. These amendments and transfers are needed pursuant to a Mayor’s Emergency which was declared on October 1, 2018. This Mayor’s Emergency was necessary in order to immediately commence with the replacement of the sanitary drainage system at Fire Station #1/9 located at 300 North 4th Street, to ensure that the station’s operations could continue without interruption. The amendments and transfers requested in this ordinance are necessitated pursuant to Columbus City Code, Section 329.15 and ensure that sufficient funds are available for reimbursement and in the updated project numbers.
Emergency action is requested so that capital budget amendments and fund transfers can occur as quickly as possible. Up-to-date financial posting promotes accurate accounting and financial management.
Fiscal Impact: This ordinance authorizes the City Auditor to transfer $1,250,000.00 collectively within the Public Safety Voted Bonds Fund and the Construction Management Capital Improvement Fund to ensure that sufficient funds are available for reimbursement and in the updated project numbers.
Title
To amend the 2018 Capital Improvement Budget; to authorize the City Auditor to transfer various funds within the Construction Management Capital Improvement Fund and the Public Safety Voted Bonds Fund; and to declare an emergency. ($1,250,000.00)
Body
WHEREAS, this legislation authorizes amendments to the 2018 Capital Improvement Budget and also authorizes the City Auditor to transfer various funds within the Construction Management Capital Improvement Fund; and
WHEREAS, these amendments and transfers are needed pursuant to a Mayor’s Emergency which was declared on October 1, 2018; and
WHEREAS, the amendments and transfers requested in this ordinance are necessitated pursuant to Columbus City Code, Section 329.15 and ensure that sufficient funds are available for reimbursement and in the updated project numbers; and
WHEREAS, an emergency exists in the usual daily operation of the Finance and Management Department, in that it is immediately necessary to authorize these amendments and transfers to ensure that sufficient funds are available for reimbursement and in the updated project numbers, 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 2018 Capital Improvement Budget be amended as follows:
See Attached File: Ord 2949-2018 Legislation Template.xls
SECTION 2. That the City Auditor is hereby authorized to transfer $1,250,000.00 in funding collectively within the Construction Management Capital Improvement Fund 7733 and the Public Safety Voted Bond Fund 7705, as follows:
See Attached File: Ord 2949-2018 Legislation Template.xls
SECTION 3. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 4. That the City Auditor is authorized to make any accounting changes to revise the funding sources for all contracts or contract modifications associated with the ordinance.
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.
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.