Explanation
To authorize and direct the City Auditor to transfer funds within department 51-01 from the Recreation and Parks Voted Bond Fund 702 to the Recreation and Parks Grant Fund 286; and to declare an emergency ($24,920.00).
Background:
Ordinance #1093-2011 authorized the Director of Recreation and Parks to accept grant funds and enter into a contract to make roof renovations to the Harrison House. The grant award was for the abatement of hazardous roofing materials only. The total authorized for expenditure and grant reimbursement on this project was $10,000.00. The balance of the roofing project in the amount of $24,920.00 should have been paid with capital fund 702 dollars.
Funds were previously expended from Grant# 511157 in the amount of $34,920.00. The reimbursement of the grant funds in the amount of $10,000.00 has been received.
Title
To authorize and direct the City Auditor to transfer $24,920.00 within the Department of Recreation and Parks from the Voted Bond Fund 702 to the Recreation and Parks Grant Fund 286; to authorize the transfer of $24,920.00 within the Recreation and Parks Fund 702; to amend the 2012 Capital Improvement Budget; and to declare an emergency ($24,920.00).
Body
WHEREAS, a need exists for this transfer of funds to Grant 286 to fix the deficit within the grant incurred due to the grant only paying for abatement of hazardous roofing materials not the entire roof renovation; and,
WHEREAS, funds are being moved to alternate projects within Fund 702 to establish correct funding project detail location for the Harrison House; and
WHEREAS, the 2012 Capital Improvement Budget will be amended to reflect the fund transfers from projects within Fund 702; and
WHEREAS, an emergency exists in the usual daily operation of the City in that it is immediately necessary to transfer funds to update the Recreation and Parks grant fund; NOW, THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
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