Explanation
Background: This legislation authorizes the Division of Power and Water (Power) to reimburse the Division of Power and Water (Water) for electricity capital equipment. The Power Section of the Division of Power and Water worked jointly with the Water Section to install electricity infrastructure in support of the Morse/Hamilton Road Booster Station Project. A change in the project plan significantly eliminated the need for the purchased electricity capital equipment. The Power Section wishes to purchase the capital equipment from the Water Section so that they may be used in other Division of Power and Water (Power) Capital Improvement Projects.
Fiscal Impact: This legislation includes a transfer of funds within the Electricity Permanent Improvement Fund and an amendment to the 2009 Capital Improvements Budget to allow sufficient cash and authority to be available in the proper project to cover the necessary expenditure.
Title
To authorize the Director of Public Utilities and the Division of Power and Water (Power) to reimburse the Division of Power and Water (Water) for capital equipment; to amend the 2009 Capital Improvements Budget; to authorize the transfer, and expenditure of $438,861.64 from the Electricity Permanent Improvement Fund for the Division of Power and Water (Power). ($438,861.64)
Body
WHEREAS, the Division of Power and Water (Power) agreed to reimburse the Division of Power and Water (Water) for capital equipment; and
WHEREAS, it is necessary for this Council to authorize the City Auditor to transfer funds within the Electricity Permanent Improvement Fund; and
WHEREAS, it is necessary to authorize an amendment to the 2009 Capital Improvements Budget for purposes of creating and providing sufficient funding and expenditure authority for the aforementioned project expenditures; and
WHEREAS, it is necessary for City Council to authorize the expenditure of funds from the Electricity Permanent Improvement Fund; Now, Therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Public Utilities is hereby authorized to reimburse the Division of Power and Water (Water) for electricity capital equipment, as requested by the Division of Power and Water (Power) in the amount of $438,861.64.
SECTION 2. That the City Auditor is hereby authorized and directed to transfer and appropriate $$438,861.64 from within the Electricity Permanent Improvement Fund as follows:
FROM:
Proj. No. | Proj. Name | OCA | Amount
565999-100000 | Unallocated Balance | 565999 | $$438,861.64
TO:
Proj. No. | Proj. Name | OCA | Amount
670608-100000 | Distribution System Improvements | 565608 | $$438,861.64
SECTION 3. That the 2009 Capital Improvements Budget Ordinance No. 0806-2009 is hereby amended as follows, to create and provide sufficient budget authority for the award of the agreement stated herein, and to supply necessary budget authority in the proper projects for the funds remaining cash.
Project No. | Project Name | Current Authority | Revised Authority | (Change)
565999-100000 | Unallocated Balance | $631,200 | $192,338 | -$438,862
565608-100000 | Distribution System Improvements | $0 | $438,862| +$438,862
SECTION 4. The for the purpose of reimbursing the Division of Power and Water (Water) for the construction services referenced herein, the expenditure of $438,861.64 is hereby authorized from within the Electricity Permanent Improvement Fund | Fund No. 565, Div. 60-07| Distribution System Improvements | Proj.No. 670608 | OCA Code 565608 | OBJLVL3: 6621.
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 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 7. That the City Auditor is authorized to establish proper project accounting numbers as appropriate.
SECTION 8. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.