Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to issue a payment of $21,537.41 to the Franklin County Risk Management Department to reimburse the County for the property insurance premium for the Municipal Court building, 375 South High Street, for the period of January 1, 2008, through December 31, 2008.
Emergency action is requested so that Franklin County can be reimbursed for expenses already incurred at the earliest possible date.
Fiscal Impact: The total cost of this payment, authorized by this ordinance, is $21,537.41. Although this expense was not budgeted, funding is available due to cost savings in property taxes. These funds are available in the Facilities Management General Fund budget.
Title
To authorize the Finance and Management Director to make payment to Franklin County Risk Management Department for the property insurance premium for the Municipal Court building, 375 South High Street, for the period of January 1, 2008, through December 31, 2008; to authorize the expenditure of $21,537.41 from the General Fund; and to declare an emergency. ($21,537.41).
Body
WHEREAS, the Facilities Management Division has need to issue payment to the Franklin County Risk Management Department for the property insurance premium for the Municipal Court building; and
WHEREAS, the Real Estate Management Office received an invoice from the Franklin County Risk Management Department; and
WHEREAS, an emergency exists in the usual daily operation of the Finance and Management Department, Facilities Management Division, in that it is immediately necessary to authorize the Finance and Management Director to issue a payment of $21,537.41 to the Franklin County Risk Management Department for the property insurance premium for the Municipal Court building for the period of January 1, 2008, through December 31, 2008 for expenses already incurred, thereby preserving the public health, property, s...
Click here for full text