City of Columbus - File #: 0444-2006

• File #: 0444-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 2/21/2006
• In control: Utilities Committee
• On agenda: 3/13/2006
• Final action: 3/15/2006
• Title: To authorize the City Auditor to make an intra-subfund transfer of $500,000.00 within the Storm Sewer Bonds Fund; for the Division of Sewerage and Drainage; to provide the necessary capital project's funds for land acquisition services; and to declare an emergency. ($500,000.00)

Date	Ver.	Action By	Action	Result
3/15/2006	1	CITY CLERK	Attest
3/14/2006	1	MAYOR	Signed
3/13/2006	1	Columbus City Council	Approved	Pass
3/13/2006	1	COUNCIL PRESIDENT	Signed
3/13/2006	1	COUNCIL PRESIDENT	Signed
3/3/2006	1	Utilities Drafter	Sent to Clerk's Office for Council
3/2/2006	1	Auditor Reviewer	Reviewed and Approved
3/2/2006	1	CITY AUDITOR	Reviewed and Approved
3/2/2006	1	Utilities Drafter	Sent for Approval
3/2/2006	1	CITY ATTORNEY	Reviewed and Approved
3/1/2006	1	Finance Reviewer	Reviewed and Approved
3/1/2006	1	FINANCE DIRECTOR	Reviewed and Approved
3/1/2006	1	Utilities Drafter	Sent for Approval
2/28/2006	1	EBOCO Reviewer	Reviewed and Approved
2/28/2006	1	ODI DIRECTOR	Reviewed and Approved
2/28/2006	1	Utilities Drafter	Sent for Approval
2/27/2006	1	UTILITIES DIRECTOR	Reviewed and Approved
2/27/2006	1	Utilities Drafter	Sent for Approval
2/24/2006	1	Utilities Reviewer	Sent for Approval
2/23/2006	1	Utilities Drafter	Sent for Approval
2/23/2006	1	Utilities Reviewer	Reviewed and Approved
2/21/2006	1	Utilities Drafter	Sent for Approval

Explanation

BACKGROUND: This legislation authorizes the City Auditor to transfer a total of $500,000.00 within the Storm Sewer Bond Fund to allow sufficient funds to acquire the necessary easements, professional services and administrative costs for the following Capital Improvements Project:

610973: Idlewild Drive Storm Sewer - $500,000

EMERGENCY DESIGNATION: This ordinance is submitted as an emergency so as to allow the easements to be acquired as soon as possible to maintain project construction schedules.

FISCAL IMPACT: The project for which this legislation requests fund transfer currently has an insufficient balance to allow for the aforementioned expenditure. This transfer does not reflect any changes to the projects planned in the 2005 Capital Improvements Budget (CIB). The change is a temporary measure for the project that is being designed or constructed to maintain efficient cash flow within Stormwater CIB Funds will be made available for all approved projects as needed.


Title

To authorize the City Auditor to make an intra-subfund transfer of $500,000.00 within the Storm Sewer Bonds Fund; for the Division of Sewerage and Drainage; to provide the necessary capital project's funds for land acquisition services; and to declare an emergency. ($500,000.00)


Body

WHEREAS, it is required in the usual daily operation of the Division of Sewerage and Drainage, Department of Public Utilities, to maintain, upgrade and expand its storm sewer collection system; and

WHEREAS, it is necessary to transfer funds within the Storm Sewer Bonds Fund for land acquisition services for this project; and

WHEREAS, this transfer does not adversely affect any project in the 2005 Capital Improvements Budget; and

WHEREAS, an emergency exists in the usual daily operation of the Division of Sewerage and Drainage, Department of Public Utilities, in that it is immediately necessary to authorize the City Auditor to transfer funds within the S...