Explanation
Background: Ordinance No. 1396-2010, passed November 1, 2010, authorizing the City Attorney to acquire certain property rights, and to expend monies in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project. The preliminary amount of funding originally made available for this project was done so with the understanding that additional monies may be necessary at certain points during the acquisition process to cover anticipated settlement costs, and those staff hours necessary to the projects completion. The following legislation authorizes the expenditure of additional funds within the Division of Sewers and Drains, Storm Recovery Zone Super Build America Bonds Fund for payment of acquisition costs in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project.
Fiscal Impact: There is sufficient cash and authority within the Storm Recovery Zone Super Build America Bonds Fund for the purpose of providing the necessary funding required for this expenditure.
Emergency Justification: Emergency action is requested to allow the additional funds necessary to the completion of the acquisition phase of this project to be transferred in to the appropriate fund and expended without delay.
Title
To provide additional funding necessary to the on going acquisition of fee simple title and lesser interests in connection with the Leonard Avenue and Wildwood Avenue Stormwater System Improvement Project; to authorize the expenditure of $2,000.00 from within the Storm Recovery Zone Super Build America Bonds Fund and to declare an emergency. ($2,000.00).
Body
WHEREAS, it is necessary for City Council to authorize the expenditure of $2,000.00 from the Storm Recovery Zone Super Build America Bonds Fund; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, Division of Sewers and Drainage, in that it is immediately n...
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