Explanation
BACKGROUND: This legislation authorizes an amendment to the 2005 CIB, the transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund and the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects from February 8, 2005 through June 22, 2005.
Emergency action is requested in order that financial transactions may be completed and the Division of Electricity reimbursed in a timely manner.
FISCAL IMPACT: There is sufficient budget authority within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund, however, transfers between projects within the fund are necessary to provide funding in the appropriate projects. This legislation amends the 2005 Capital Improvements Budget to reflect the transfers.
Title
To amend the 2005 Capital Improvements Budget; to authorize the transfer of $85,414.34 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects; to authorize the expenditure up to an amount not to exceed $108,163.44; and to declare an emergency. ($108,163.44)
Body
WHEREAS, the Division of Electricity has incurred costs for labor and equipment necessary for the installation of various street lighting projects from its operating fund; and
WHEREAS, it is necessary to reimburse the Division of Electricity for costs incurred in the construction of various street lighting projects; and
WHEREAS, it is necessary to transfer funds and budget authority within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund to provide funding in the appropriate projects for the reimbursement to the Division of Electricity; and
WHEREAS, it is necessary to amend the 2005 Capital Improvements Budget to reflect the transfers between projects within Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Funds; and
WHEREAS, an emergency exists in the usual daily operations of the Department of Public Utilities, Division of Electricity, in that it is immediately necessary to reimburse the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects for the immediate preservation of 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 2005 Capital Improvements Budget is hereby amended as follows:
PUBLIC UTILTIES/ELECTRICITY 60-07
CURRENT AMENDED
PROJECT CIB CIB
PROJECT NAME NUMBER (CARRYOVER) (CARRYOVER)
Street Lighting 670003 75,453 153,418
138KV Line North 670103 33,500 0
Glenbrook Street Ltg. 670610 22,058 16,927
Forest Park 670616 186 442
Berwyn East 670618 5,043 408
Street Light Betterments 670620 1 0
Refugee Rd 33 670623 312 2,178
Pine Hills 670624 51 4,778
Wilson Road SL 670626 1 0
Morse Road SL 670627 1 0
Alum Creek SL Upgrade 670629 125,532 126,133
Facilities Renovation 670977 86,216 44,070
SECTION 2. That the City Auditor is hereby authorized and directed to transfer $85,414.34 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund 553 as follows:
FROM:
PROJECT NO. PROJECT NAME OCA OL3 AMOUNT
670103 138KV Line North 644369 6621 $ 33,500.00
670610 Glenbrook Street Ltg. 670610 6625 5,131.00
670618 Berwyn East 670618 6625 4,634.90
670620 Street Light Betterments 670620 6625 .28
670626 Wilson Road SL 670626 6625 .63
670627 Morse Road SL 670627 6625 .69
670977 Facilities Renovation 670977 6621 42,146.84
Total $85,414.34
TO:
PROJECT NO. PROJECT NAME OCA OL3 AMOUNT
670003 Street Lighting 675017 6625 $77,965.31
670616 Forest Park 670616 6625 255.60
670623 Refugee Rd 33 670623 6625 1,865.34
670624 Pine Hills 670624 6625 4,726.78
670629 Alum Creek Upgrades 670629 6625 601.31
Total $85,414.34
SECTION 3. That the reimbursement to the Division of Electricity is hereby authorized for labor and equipment costs incurred in the installation of various street lighting projects up to an amount not to exceed $108,163.44, or so much thereof as may be needed, be and is hereby authorized from Division of Electricity, Division No. 60-07, Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund 553 and is to be disbursed as follows:
PROJECT NO. PROJECT NAME OCA OL3 AMOUNT
670003 Street Lighting 675017 6625 $ 93,857.69
670610 Glenbrook St. Ltg. 670610 6625 4,087.77
670616 Forest Park 670616 6625 255.60
670618 Berwyn East 670618 6625 373.77
670623 Refugee Rd 33 670623 6625 2,177.84
670624 Pine Hills 670624 6625 4,726.78
670628 Thurber Village 670628 6625 2,082.68
670629 Alum Creek Upgrades 670629 6625 601.31
Total $108,163.44
SECTION 4. That for the reasons stated in the preamble hereto which is hereby made a part hereof, this ordinance is 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.