City of Columbus - File #: 2443-2003

• File #: 2443-2003
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/30/2003
• In control: Utilities Committee
• On agenda: 12/15/2003
• Final action: 12/17/2003
• Title: To amend the 2003 Capital Improvements Budget, to authorize the transfer of $96,716.04 between projects within the Voted 1995, Voted 1999 Street Lighting and Electricity Distribution Improvements Fund; to authorize the transfer of $3,701.22 between projects within the Electricity Bonds Fund; 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 of $141,675.02 from the Voted 1995, Voted 1999 Street Lighting and Electricity Distribution Improvement Fund; to authorize the expenditure of $3,701.22 from Electricity Bonds Fund; and to declare an emergency. ($145,376.24)

Date	Ver.	Action By	Action	Result
12/17/2003	1	ACTING CITY CLERK	Attest
12/16/2003	1	MAYOR	Signed
12/15/2003	1	Columbus City Council	Approved	Pass
12/15/2003	1	COUNCIL PRESIDENT	Signed
12/1/2003	1	Utilities Drafter	Sent to Clerk's Office for Council
11/26/2003	1	CITY ATTORNEY	Reviewed and Approved
11/24/2003	1	Utilities Drafter	Sent for Approval
11/21/2003	1	Auditor Reviewer	Reviewed and Approved
11/21/2003	1	CITY AUDITOR	Reviewed and Approved
11/20/2003	1	Finance Reviewer	Reviewed and Approved
11/20/2003	1	FINANCE DIRECTOR	Reviewed and Approved
11/20/2003	1	Utilities Drafter	Sent for Approval
11/13/2003	1	UTILITIES DIRECTOR	Reviewed and Approved
11/13/2003	1	Utilities Drafter	Sent for Approval
11/10/2003	1	Utilities Reviewer	Reviewed and Approved
11/10/2003	1	Utilities Drafter	Sent for Approval
11/6/2003	1	Utilities Drafter	Sent for Approval
11/6/2003	1	Utilities Reviewer	Reviewed and Approved
11/6/2003	1	Utilities Drafter	Sent for Approval

Explanation

BACKGROUND: This legislation authorizes the transfer of funds within the Voted 1995, Voted 1999 Street Lighting and Electricity Distribution Improvements Fund and the Electricity Bonds Fund for reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects from May 7, 2003 through October 15, 2003. This legislation also amends the 2003 Capital Improvements Budget to reflect additional authority made available from the cancellations of an auditor's certificate and contract balances for completed street lighting projects.

Emergency action is requested in order that the financial transactions and reimbursement to the division may be completed prior to the end of the year.

FISCAL IMPACT: There is adequate funding in the Voted 1995, Voted 1999 Street Lighting and Electricity Distribution Improvement Fund and the Electricity Bonds Fund for this reimbursement, however, a transfer between projects within the fund is necessary to provide funding in the appropriate projects.


Title

To amend the 2003 Capital Improvements Budget, to authorize the transfer of $96,716.04 between projects within the Voted 1995, Voted 1999 Street Lighting and Electricity Distribution Improvements Fund; to authorize the transfer of $3,701.22 between projects within the Electricity Bonds Fund; 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 of $141,675.02 from the Voted 1995, Voted 1999 Street Lighting and Electricity Distribution Improvement Fund; to authorize the expenditure of $3,701.22 from Electricity Bonds Fund; and to declare an emergency. ($145,376.24)



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...