Explanation
To authorize and direct the City Auditor to transfer funds within department 51-01 from the Recreation and Parks Special Purpose Fund 223 to The Recreation and Parks State Grant Fund 764; and to declare an emergency ($57,536.90).
Background:
The Clean Ohio Grant #515764: Mock to Innis supplied much needed parkland for the Alum Creek Greenway and Trail. However, there were some expenses that the grant would not support, but were necessary to secure the parkland for the Community. The disallowed amount is $57,536.90.
Funds were previously expended from Grant# 515764 in the amount of $485,835.00 prior to the City's knowledge that some of the land acquisition fees would not be reimbursed by the State of Ohio.
The funds to be transferred come from the Recreation and Parks Special Purpose Fund 223, Subfund 025. This fund mainly consists of parkland dedication funding. The purpose of the Parkland Dedication Ordinance is to provide new parkland/developed parks for developing areas. With trails being our most popular program enjoyed by neighborhoods and communities it is recommended that PDO funding in Planning Area 12, which has a balance of $109,193.80 be used to make up the difference in the grant fund.
Title
To authorize and direct the City Auditor to transfer $57,536.90 within the Department of Recreation and Parks from the Special Purpose Fund (Donations-various Park Improvements Sub-Fund) to the State Issue II Grants Fund; and to declare an emergency ($57,536.90).
Body
WHEREAS, a need exists for this transfer of funds to Grant 764 to fix the deficit within the grant incurred due to various land acquisition fees not meeting the requirements of the grant , and;
WHEREAS, funding is available within fund 223 sub fund 025 as part of the parkland dedication ordinance account, and;
WHEREAS, the fund 223 parkland dedication funding will provide funds for land acquisition, legal expenses, and property demolition within p...
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