Explanation
Background: The following is an ordinance to authorize the City Attorney to acquire fee simple title and lesser interests, contract for professional services, and to expend the monies for payment of acquisition costs in connection with the Fulton - Mound Improvement Project.
Fiscal Impact: This ordinance authorizes the Director of Public Utilities to transfer within and expend $75,000.00 in funds from the Sanitary Sewer Build America Bonds (B.A.B.s) Fund to acquire fee simple title and lesser interests, contract for professional services, and to amend to the 2010 Capital Improvements Budget to establish sufficient budget authority for this expenditure for the Division of Sewerage and Drainage.
Emergency Justification: Emergency action is requested to allow the immediate acquisition of the parcels necessary for this project to proceed without delay and maintain the projects completion schedule.
Title
To authorize the City Attorney to acquire fee simple title and lesser interests, contract for professional services, and to expend $75,000.00 from the Sanitary Sewer Build America Bonds (B.A.B.s) Fund for costs in connection with the Fulton - Mound Improvement Project, and to declare an emergency. ($75,000.00).
Body
WHEREAS, the City of Columbus is engaged in the Fulton - Mound Improvement Project; and
WHEREAS, it is necessary to authorize the transfer within funds from the Sanitary Sewer Build America Bonds (B.A.B.s) Fund in the amount of $75,000.00 for purposes of providing sufficient funding for the aforementioned project expenditure; and
WHEREAS, it is necessary for City Council to authorize the expenditure of funds from the Sanitary Sewer Build America Bonds (B.A.B.s) Fund 668; and
WHEREAS, it is necessary to authorize an amendment to the 2010 Capital Improvements Budget for the purpose of providing sufficient spending authority for the aforementioned project expenditure; and
WHEREAS, an emergency exist...
Click here for full text