City of Columbus - File #: 1543-2004

• File #: 1543-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 8/26/2004
• In control: Utilities Committee
• On agenda: 9/20/2004
• Final action: 9/23/2004
• Title: To authorize the City Auditor to make an intra-subfund transfer of $29,097.36 within the Storm Sewer Bonds Fund for the Division of Sewerage and Drainage to provide the necessary capital projects funds for stormwater improvements at the intersection of Lane Avenue and Tuller Street; to authorize an amendment to the 2004 Capital Improvements Budget to accommodate this transaction; and to declare an emergency. ($29,097.36)

Date	Ver.	Action By	Action	Result
9/23/2004	1	CITY CLERK	Attest
9/22/2004	1	MAYOR	Signed
9/20/2004	1	Columbus City Council	Approved	Pass
9/20/2004	1	COUNCIL PRESIDENT	Signed
9/8/2004	1	Utilities Drafter	Sent for Approval
9/8/2004	1	Utilities Drafter	Sent to Clerk's Office for Council
9/8/2004	1	CITY ATTORNEY	Reviewed and Approved
9/7/2004	1	Utilities Drafter	Sent for Approval
9/7/2004	1	CITY AUDITOR	Reviewed and Approved
9/7/2004	1	Auditor Reviewer	Reviewed and Approved
9/3/2004	1	FINANCE DIRECTOR	Reviewed and Approved
9/3/2004	1	Finance Reviewer	Reviewed and Approved
9/1/2004	1	Utilities Drafter	Sent for Approval
8/31/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
8/31/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
8/26/2004	1	Utilities Drafter	Sent for Approval
8/26/2004	1	Utilities Drafter	Sent for Approval
8/26/2004	1	Utilities Reviewer	Reviewed and Approved

Explanation

BACKGROUND: This legislation authorizes the City Auditor to transfer a total of $29,097.36 within the Storm Sewer Bond Fund; and amends the 2004 Capital Improvements Budget so as to allow sufficient funds and authority to provide the necessary funds to construct the stormwater improvements at the intersection of Lane Avenue and Tuller Street. The Division of Transportation is contracting with Savko and Sons for street improvements and it is cost effective to the City to include the storm improvements in their contract. These funds are only for construction related expenses for the storm improvement. Stormwater's portion is this project will be $64,097.36.

EMERGENCY DESIGNATION: This ordinance is submitted as an emergency so as to allow the funds and authority to be immediately available for the storm sewer improvements to be included with the Division of Transportation's construction project at the intersection of Lane Avenue and Tuller Street.

FISCAL IMPACT: The project for which this legislation requests fund transfer currently has insufficient balances to allow for the aforementioned expenditure. This transfer does not reflect any changes to the projects planned in the 2004 Capital Improvements Budget (CIB). The changes are a temporary measure for the project that is being constructed to maintain efficient cash flow within Stormwater CIB Funds will be made available for all approved projects as needed.

Title

To authorize the City Auditor to make an intra-subfund transfer of $29,097.36 within the Storm Sewer Bonds Fund for the Division of Sewerage and Drainage to provide the necessary capital projects funds for stormwater improvements at the intersection of Lane Avenue and Tuller Street; to authorize an amendment to the 2004 Capital Improvements Budget to accommodate this transaction; and to declare an emergency. ($29,097.36)

Body

WHEREAS, it is required in the usual daily operation of the Division of Sewerage and D...