Explanation
1. BACKGROUND
This ordinance requests Columbus City Council to authorize the Director of Public Service to write off the debts owed to the Division of Planning and Operations for uncollectible property damage accounts, as follows:
INVOICE NO. NAME SERVICE LOCATION AMOUNT
AR110012-007 American Electric Power SR 161 and Sawmill Rd $49,147.98
These charges were for repair of a traffic control device damaged on September 14, 2008. Upon further research it was determined that American Electric Power is immune from paying for these damages due to the hurricane force winds that occurred on this date. The division has been advised by the City Attorney's Office that this claim is past the statute requirement for filing a lawsuit. Therefore, the Department of Public Service is requesting that this account be written off as uncollectible.
2. FISCAL IMPACT
Formally writing off this debt as uncollectible officially recognizes that the City will forego this revenue. This step is prudent to maintaining accurate, timely and realistic accounting records.
Title
To authorize the Director of Public Service to write off, as uncollectible, an unpaid property damage account due the City of Columbus, Department of Public Service, Division of Planning and Operations, in the amount of Forty-nine Thousand One Hundred Forty-Seven Dollars and Ninety-Eight Cents. ($49,147.98)
Body
WHEREAS, the Division of Planning and Operations provided damage repair service to American Electric Power at the intersection of SR161 and Sawmill Road; and
WHEREAS, the City of Columbus, Department of Public Service, Division of Planning and Operations is owed $49,147.98 for damage repair service provided to this location on September 14, 2008; and
WHEREAS, the City Attorney has advised that this debt should be written off as uncollectible; and
WHEREAS, it is necessary to provide the Director ...
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