City of Columbus - File #: 1652-2006

• File #: 1652-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/18/2006
• In control: Utilities Committee
• On agenda: 10/23/2006
• Final action: 10/25/2006
• Title: To amend the 2006 Capital Improvements Budget; to authorize the City Auditor to transfer of $38,404.26 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; to authorize the City Auditor to allow the Division of Power and Water's capital bond fund to reimburse the operating fund, for labor and equipment costs incurred in the installation of various street lighting projects; and to authorize the expenditure up to an amount not to exceed $38,585.22. ($38,585.22)

Date	Ver.	Action By	Action	Result
10/25/2006	1	CITY CLERK	Attest
10/24/2006	1	MAYOR	Signed
10/23/2006	1	Columbus City Council	Approved	Pass
10/23/2006	1	COUNCIL PRESIDENT	Signed
10/16/2006	1	Columbus City Council	Read for the First Time
10/3/2006	1	Utilities Drafter	Sent to Clerk's Office for Council
9/29/2006	1	Utilities Drafter	Sent for Approval
9/29/2006	1	Utilities Drafter	Sent for Approval
9/29/2006	1	CITY AUDITOR	Reviewed and Approved
9/29/2006	1	CITY AUDITOR	Reviewed and Approved
9/29/2006	1	CITY ATTORNEY	Reviewed and Approved
9/28/2006	1	FINANCE DIRECTOR	Reviewed and Approved
9/28/2006	1	Finance Reviewer	Reviewed and Approved
9/27/2006	1	Finance Reviewer	Reviewed and Approved
9/26/2006	1	Utilities Drafter	Sent for Approval
9/25/2006	1	UTILITIES DIRECTOR	Reviewed and Approved
9/25/2006	1	Utilities Reviewer	Sent for Approval
9/22/2006	1	Utilities Drafter	Sent for Approval
9/22/2006	1	Utilities Reviewer	Reviewed and Approved
9/21/2006	1	Utilities Drafter	Sent for Approval
9/20/2006	1	Utilities Reviewer	Reviewed and Approved
9/18/2006	1	Utilities Drafter	Sent for Approval

Explanation

BACKGROUND: This legislation authorizes an amendment to the 2006 CIB; the transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and to authorize the City Auditor to allow the Division of Power and Water's (Power) capital bonds fund to reimburse the operating fund, for labor and equipment costs incurred in the installation of various street lighting projects from May 23, 2006 through August 10, 2006.

FISCAL IMPACT: The Division is requesting an amendment to the 2006 Capital Improvements Budget for purposes of establishing sufficient budget authority for this expenditure. In addition, this legislation includes a transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund.

Title

To amend the 2006 Capital Improvements Budget; to authorize the City Auditor to transfer of $38,404.26 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; to authorize the City Auditor to allow the Division of Power and Water's capital bond fund to reimburse the operating fund, for labor and equipment costs incurred in the installation of various street lighting projects; and to authorize the expenditure up to an amount not to exceed $38,585.22. ($38,585.22)

Body

WHEREAS, it is necessary to reimburse the Division of Power and Water (Power) for labor and equipment necessary for the installation of various street lighting projects from its operating fund; and

WHEREAS, the costs from the operating fund are reimbursed through the capital bonds fund; 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 Power and Water; and

WHEREAS, it is necessary to amend the 2006 Capital Improvements Budget to reflect t...