Explanation
The Finance and Management Department, Office of Construction Management, employs personnel that are engaged in overseeing various construction and building renovation capital projects. These personnel are budgeted within and paid from the General Fund. These costs can be capitalized. Doing so is consistent with earlier efforts by the Office to reimburse the General Fund when the General Fund incurred expenses more appropriate to capital improvement funding. The Office tracks the hours that each employee worked on individual projects and bills these hours back to the proper capital project.
Fiscal Impact: This expenditure is budgeted and available within the Construction Management Capital Improvement Fund, the Safety Voted Bond Fund, and the Health G.O. Bonds Fund. This ordinance authorizes the expenditure of $442,500.00 or so much thereof as may be necessary for this purpose.
Title
To authorize the Finance and Management Director to expend $442,500.00 or so much thereof as may be necessary to reimburse the General Fund for construction and building renovation expenses incurred by the Office of Construction Management; to amend the 2007 CIB; to authorize the transfer of $15,000.00 within the Safety Voted Bond Fund; to authorize the transfer of $15,000.00 within the Construction Management Capital Improvement Fund; and to authorize this expenditure from the Construction Management Capital Improvement Fund, the Safety Voted Bond Fund, and the Health G.O. Bonds Fund. ($442,500.00)
Body
WHEREAS, the Office of Construction Management employs personnel that are engaged in construction and building renovation activities; and
WHEREAS, these costs can be capitalized; and
WHEREAS, this ordinance amends the 2007 Capital Improvements Budget; and
WHEREAS, it is necessary to authorize this expenditure in order to provide adequate operating resources for the Office of Construction Management; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Finance and Management Director is hereby authorized to expend $442,500.00 or so much thereof as may be necessary, to reimburse the General Fund for construction and building renovation expenses incurred in connection with the capital improvements program in 2008.
SECTION 2. That the 2007 Capital Improvement Budget is hereby amended as follows:
Office of Construction Management 45-50
Project/Project # CIB Amount Revised CIB
Impound Lot Relocation 570034 (New Funding Only) $10,200,000 $10,185,000
Impound Lot Relocation 570034 (Carryover Funding) $3,995,000 $4,010,000
Facility Renovation 570030 (New Funding Only) $1,112,500 $1,127,500
Facility Renovation 570030 (Carryover Funding) $1,500,559 $1,485,559
Safety/Fire 30-04
Project/Project # CIB Amount Revised CIB
Fire Station #10 W Broad St 340112 (Carryover Funding) $4,508,840 $4,523,840
Fire Station #36 340125 (New Funding Only) $4,000,000 $3,985,000
SECTION 3. That the City Auditor is hereby authorized and directed to transfer funds within the Safety Voted Bond Fund as follows:
FROM:
Dept/Div: 30-04|Fund: 701|Project Number 340125|Project Name - Fire Station #36|OCA Code 701125|OL3: 6620|Amount $15,000.00
TO:
Dept/Div: 30-04|Fund: 701|Project Number 340112|Project Name - Fire Station #10|OCA Code 340112|OL3: 6620|Amount $15,000.00
SECTION 4. That the City Auditor is hereby authorized and directed to transfer funds within the Construction Management Capital Improvement Fund as follows:
FROM:
Dept/Div: 45-50|Fund: 733|Project Number 570030|Project Name - Facility Renovation|OCA Code 733000|OL3: 6620|Amount $15,000.00
TO:
Dept/Div: 45-50|Fund: 733|Project Number 570034|Project Name - Impound Lot|OCA Code 457733|OL3: 6620|Amount $15,000.00
SECTION 5. That the expenditure of $442,500.00 from Object Level 3 6620 or so much thereof that may be necessary in regard to the action authorized in SECTION 1, be and is hereby authorized and approved as appears in Attachment 0182-2008.xls.
SECTION 6. 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 7. This ordinance shall take effect and be in force from and after the earliest period allowed by law.