City of Columbus - File #: 0879-2004

• File #: 0879-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 5/4/2004
• In control: Utilities Committee
• On agenda: 5/24/2004
• Final action: 5/26/2004
• Title: To authorize the City Auditor to transfer $121,393.90 from the Special Income Tax Fund to the Voted Street Lighting and Electricity Distribution Improvements Fund; to authorize the appropriation of said funds; to authorize the transfer of $34,276.84 within the Voted Street Lighting and Electricity Distribution Improvements Fund to the appropriate projects, to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects; to authorize the expenditure up to an amount not to exceed $121,393.90 from the Voted Street Lighting and Electricity Distribution Improvement Fund; and to declare an emergency. ($121,393.90)

Date	Ver.	Action By	Action	Result
5/26/2004	1	ACTING CITY CLERK	Attest
5/25/2004	1	MAYOR	Signed
5/24/2004	1	Columbus City Council	Approved	Pass
5/24/2004	1	COUNCIL PRESIDENT	Signed
5/14/2004	1	CITY ATTORNEY	Reviewed and Approved
5/14/2004	1	Utilities Drafter	Sent to Clerk's Office for Council
5/13/2004	1	Utilities Drafter	Sent for Approval
5/13/2004	1	Auditor Reviewer	Contingent Within
5/13/2004	1	CITY AUDITOR	Reviewed and Approved
5/13/2004	1	Utilities Drafter	Sent for Approval
5/12/2004	1	Finance Reviewer	Reviewed and Approved
5/12/2004	1	FINANCE DIRECTOR	Reviewed and Approved
5/11/2004	1	Utilities Drafter	Sent for Approval
5/10/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
5/7/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
5/6/2004	1	Utilities Reviewer	Reviewed and Approved
5/6/2004	1	Utilities Drafter	Sent for Approval
5/5/2004	1	Utilities Reviewer	Reviewed and Approved
5/5/2004	1	Utilities Drafter	Sent for Approval
5/4/2004	1	Utilities Drafter	Sent for Approval

Explanation

BACKGROUND: The purpose of this legislation is to authorize the appropriation and transfer of $121,393.90 from the Special Income Tax Fund, Fund No. 430, to the Voted 1995 and Voted 1999 Street Lighting and Electricity Distribution Fund No. 553, to authorize the transfer of funds within the Voted 1995 and Voted 1999 Street Lighting and Electricity Distribution Fund No. 553 to the appropriate projects, and to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects from October 15, 2003 to April 27, 2004.

Emergency action is requested in order that the financial transactions and reimbursement to the division may be completed as soon as possible.

FISCAL IMPACT: This method of funding is a temporary measure until the City sells notes or bonds to fund this capital improvement project.


Title

To authorize the City Auditor to transfer $121,393.90 from the Special Income Tax Fund to the Voted Street Lighting and Electricity Distribution Improvements Fund; to authorize the appropriation of said funds; to authorize the transfer of $34,276.84 within the Voted Street Lighting and Electricity Distribution Improvements Fund to the appropriate projects, to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects; to authorize the expenditure up to an amount not to exceed $121,393.90 from the Voted Street Lighting and Electricity Distribution Improvement Fund; and to declare an emergency. ($121,393.90)


Body

WHEREAS, the Division of Electricity has incurred costs for labor and equipment necessary for the installation of various street lighting projects from its operating fund; and

WHEREAS, it is necessary to reimburse the Division of Electricity for costs incurred in the construction of various street lighting projects; and

WHEREAS, a...