Explanation
This ordinance authorizes the establishment of an Auditor's certificate for $610,000.00 for the reimbursement of staff time related to the administration of 2012/2013 Capital Improvements Projects.
Fiscal Impact:
$610,000.00 is required and budgeted in the Voted Recreation and Parks Bond Fund to meet the financial obligations of these various expenditures.
Title
To establish an Auditor's certificate in the amount of $610,000.00; and to authorize the expenditure of $610,000.00 from the voted Recreation and Parks Bond Fund for the reimbursement of staff time related to the administration of 2012/2013 Capital Improvement Projects. ($610,000.00)
Body
WHEREAS, staff time reimbursements related to services for Capital Improvements administration are necessary; and
WHEREAS, funding is available for these reimbursements from unallocated balances within the voted Recreation and Parks Bond Fund; NOW, THEREFORE:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS
Section 1. That reimbursement of staff time related to Capital Improvements administration is necessary.
Section 2. That the expenditure of $610,000.00, or so much thereof as may be necessary, be and is hereby authorized from the Recreation and Parks Bond Fund 702, Dept. 51-01, as follows, to pay the cost thereof.
Fund Project Obj. Level 3 OCA Amount
702 510017-100000 6680 721700 $100,000.00
702 510035-100000 6680 702035 $200,000.00
702 510229-100003 6680 722903 $310,000.00
$610,000.00
Section 3. That the City Auditor is hereby authorized to transfer the unencumbered...
Click here for full text