City of Columbus - File #: 1639-2004

• File #: 1639-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/8/2004
• In control: Utilities Committee
• On agenda: 10/18/2004
• Final action: 10/20/2004
• Title: To authorize the City Auditor to make an intra-subfund transfer of $600,000.00 within the Storm Sewer Bonds Fund; to authorize an amendment to the 2004 Capital Improvements Budget; to transfer $600,000.00 from the Storm Sewer Bonds Fund to the Scioto River West Floodwall Fund; to appropriate said monies within the Scioto River West Floodwall Fund; to make payment from the Scioto River West Flood Wall Fund to the United States of America, Department of the Army, in the amount of $600,000.00, for the City's share of the total project cost required for the 2005 Federal fiscal year for construction of the West Columbus Local Protection Project (WCLPP), in accordance with the Project Cooperation Agreement between the City and the Army Corps of Engineers, for the Division of Sewerage and Drainage; and to declare an emergency. ($600,000.00)

Date	Ver.	Action By	Action	Result
10/20/2004	1	CITY CLERK	Attest
10/19/2004	1	MAYOR	Signed
10/18/2004	1	Columbus City Council	Approved	Pass
10/18/2004	1	COUNCIL PRESIDENT	Signed
9/30/2004	1	Utilities Drafter	Sent to Clerk's Office for Council
9/28/2004	1	CITY ATTORNEY	Reviewed and Approved
9/23/2004	1	Utilities Drafter	Sent for Approval
9/22/2004	1	ODI DIRECTOR	Reviewed and Approved
9/22/2004	1	Utilities Drafter	Sent for Approval
9/22/2004	1	Auditor Reviewer	Contingent Within
9/22/2004	1	CITY AUDITOR	Reviewed and Approved
9/21/2004	1	EBOCO Reviewer	Reviewed and Approved
9/18/2004	1	Utilities Drafter	Sent for Approval
9/15/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
9/15/2004	1	Utilities Drafter	Sent for Approval
9/15/2004	1	Finance Reviewer	Reviewed and Approved
9/15/2004	1	FINANCE DIRECTOR	Reviewed and Approved
9/10/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
9/8/2004	1	Utilities Drafter	Sent for Approval
9/8/2004	1	Utilities Drafter	Sent for Approval
9/8/2004	1	Utilities Reviewer	Reviewed and Approved

Explanation

BACKGROUND: This legislation amends the 2004 Capital Improvements Budget and transfers $600,000.00 within the Storm Sewer Bonds Fund and to the Scioto River West Floodwall Fund to make a payment to the Department of the Army, Huntington District, Corps of Engineers, for the City's share of the total project cost required for construction of the West Columbus Local Protection Project (WCLPP), Capital Improvements Project No. 610892, in Federal fiscal year 2005. The current estimate of the City's total share of project costs, $37.6 million dollars, as well as the method by which the City is required to provide said funds are set forth in Article VI of the modified Project Cooperation Agreement (PCA), and accompanying financing plan as prepared by the Army Corps of Engineers.

EMERGENCY DESIGNATION: The Division is requesting that this legislation be considered an emergency measure in order to comply with the Corps of Engineer's project schedule.

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 2004 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 $600,000.00 within the Storm Sewer Bonds Fund; to authorize an amendment to the 2004 Capital Improvements Budget; to transfer $600,000.00 from the Storm Sewer Bonds Fund to the Scioto River West Floodwall Fund; to appropriate said monies within the Scioto River West Floodwall Fund; to make payment from the Scioto River West Flood Wall Fund to the United States of America, Department of the Army, in the amount of $600,000.00, for the City's share...