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File #: 1627-2010    Version: 1
Type: Ordinance Status: Passed
File created: 11/3/2010 In control: Utilities Committee
On agenda: 12/6/2010 Final action: 12/9/2010
Title: To authorize the City Auditor to allow the Division of Power and Water's capital bond funds to reimburse the operating fund in the amount of $178,524.01 for labor and equipment costs incurred in the installation of various street lighting; and to declare an emergency. ($178,524.01)
Attachments: 1. 2010 October Reimbursement.pdf
Date Ver.Action ByActionResultAction DetailsMeeting Details
12/9/20101 CITY CLERK Attest  Action details Meeting details
12/7/20101 MAYOR Signed  Action details Meeting details
12/6/20101 Columbus City Council ApprovedPass Action details Meeting details
12/6/20101 COUNCIL PRESIDENT Signed  Action details Meeting details
11/17/20101 Utilities Drafter Sent for Approval  Action details Meeting details
11/17/20101 Auditor Reviewer Reviewed and Approved  Action details Meeting details
11/17/20101 CITY AUDITOR Reviewed and Approved  Action details Meeting details
11/17/20101 Utilities Drafter Sent for Approval  Action details Meeting details
11/17/20101 CITY ATTORNEY Reviewed and Approved  Action details Meeting details
11/17/20101 Utilities Drafter Sent to Clerk's Office for Council  Action details Meeting details
11/16/20101 Finance Reviewer Reviewed and Approved  Action details Meeting details
11/16/20101 FINANCE DIRECTOR Reviewed and Approved  Action details Meeting details
11/12/20101 Finance Reviewer Reviewed and Approved  Action details Meeting details
11/11/20101 Utilities Reviewer Sent for Approval  Action details Meeting details
11/11/20101 UTILITIES DIRECTOR Reviewed and Approved  Action details Meeting details
11/11/20101 Utilities Drafter Sent for Approval  Action details Meeting details
11/11/20101 FINANCE DIRECTOR Reviewed and Approved  Action details Meeting details
11/10/20101 Utilities Drafter Sent for Approval  Action details Meeting details
11/10/20101 Utilities Reviewer Reviewed and Approved  Action details Meeting details
11/10/20101 Utilities Drafter Sent for Approval  Action details Meeting details
11/9/20101 Utilities Reviewer Reviewed and Approved  Action details Meeting details
11/9/20101 Utilities Drafter Sent for Approval  Action details Meeting details
11/5/20101 Utilities Reviewer Reviewed and Approved  Action details Meeting details
11/4/20101 Utilities Drafter Sent for Approval  Action details Meeting details
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 November 1, 2009 through September 30, 2010, in the amount of $178,524.01.

EMERGENCY DESIGNATION: The Department of Public Utilities is requesting City Council to consider this legislation an emergency measure, so that there will be sufficient cash to pay operating expenses through the end of the year.

FISCAL IMPACT: A transfer of cash and an amendment to the 2010 Capital Improvements Budget is necessary to establish sufficient amounts in the proper codes for this reimbursement.

Title

To authorize the City Auditor to allow the Division of Power and Water's capital bond funds to reimburse the operating fund in the amount of $178,524.01 for labor and equipment costs incurred in the installation of various street lighting; and to declare an emergency. ($178,524.01)



Body

WHEREAS, it is necessary to reimburse the Division of Power and Water (Power) operating fund 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 funds; and

WHEREAS, it is necessary to transfer funds within the Voted Street Lighting and Distribution Bond Fund for purposes of providing sufficient cash for the aforementioned reimbursement; and

WHEREAS, it is necessary to authorize an amendment to the 2010 Capital Improvements Budget for purposes of providing sufficient expenditure authority for the aforementioned reimbursement; and

WHEREAS, it is necessary for this Council to authorize the City Auditor to transfer funds from the Voted Street Lighting and Distribution Bond Fund and the Electric Build America Bonds Fund to the Power Operating Fund; and

WHEREAS, an emergen...

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