City of Columbus - File #: 1056-2007

• File #: 1056-2007
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 6/21/2007
• In control: Utilities Committee
• On agenda: 7/30/2007
• Final action: 8/2/2007
• Title: To amend the 2007 Capital Improvements Budget; to authorize the City Auditor to transfer and expend 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 capital bond fund to reimburse the operating fund; in the amount of $137,850.48; for labor and equipment costs incurred in the installation of various street lighting projects. ($137,850.48)

Date	Ver.	Action By	Action	Result
8/2/2007	1	CITY CLERK	Attest
8/1/2007	1	MAYOR	Signed
7/30/2007	1	Columbus City Council	Approved	Pass
7/30/2007	1	COUNCIL PRESIDENT	Signed
7/23/2007	1	Columbus City Council	Read for the First Time
7/10/2007	1	Utilities Drafter	Sent for Approval
7/10/2007	1	CITY ATTORNEY	Reviewed and Approved
7/10/2007	1	Utilities Drafter	Sent to Clerk's Office for Council
7/6/2007	1	Finance Reviewer	Reviewed and Approved
7/6/2007	1	Finance Reviewer	Reviewed and Approved
7/6/2007	1	FINANCE DIRECTOR	Reviewed and Approved
7/6/2007	1	Utilities Drafter	Sent for Approval
7/6/2007	1	Auditor Reviewer	Reviewed and Approved
7/6/2007	1	CITY AUDITOR	Reviewed and Approved
6/27/2007	1	UTILITIES DIRECTOR	Reviewed and Approved
6/27/2007	1	Utilities Drafter	Sent for Approval
6/25/2007	1	Utilities Drafter	Sent for Approval
6/25/2007	1	Utilities Reviewer	Sent for Approval
6/22/2007	1	Utilities Reviewer	Reviewed and Approved
6/22/2007	1	Utilities Drafter	Sent for Approval
6/22/2007	1	Utilities Reviewer	Sent for Approval
6/22/2007	1	Utilities Drafter	Sent for Approval
6/22/2007	1	Utilities Reviewer	Reviewed and Approved
6/21/2007	1	Utilities Drafter	Sent for Approval

Explanation

BACKGROUND: This legislation authorizes 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 March 19, 2007 through June 17, 2007. An amendment to the 2007 Capital Improvements Budget and a transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund is also necessary.

FISCAL IMPACT: The Division is requesting an amendment to the 2007 Capital Improvements Budget for purposes of establishing sufficient budget authority for these expenditures. The Division will also request the Auditor's Office to establish budgetary authority for funds made available through cancellations. 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 2007 Capital Improvements Budget; to authorize the City Auditor to transfer and expend 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 capital bond fund to reimburse the operating fund; in the amount of $137,850.48; for labor and equipment costs incurred in the installation of various street lighting projects. ($137,850.48)


Body

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

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

WHEREAS, it is necessary for this Council to authorize the City Auditor to transfer funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and

WHEREAS, it is necessary to authorize an amendment to the 200...