Explanation
This ordinance authorizes the establishment of an auditor's certificate for $610,000.00 for the reimbursement of staff time related to the administration of 2011/2012 Capital Improvements Projects.
Fiscal Impact:
$610,000.00 is required and budgeted in the Voted Recreation and Parks Bond Fund to meet the financial obligations of these various expenditures.
Title
To establish an Auditor's certificate, and to authorize the expenditure of $610,000.00 from the voted Recreation and Parks Bond Fund for the reimbursement of staff time related to the administration of the balance of 2011 Capital Improvement Projects and for the 2012 CIP Staff Time. ($610,000.00)
Body
WHEREAS, staff time reimbursements related to services for Capital Improvements Administration are necessary; and
WHEREAS, funding is available for these reimbursements from unallocated balances within the Voted Recreation and Parks Bond Fund; NOW, THEREFORE:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS
Section 1. That reimbursement of staff time related to Capital Improvements Administration is necessary.
Section 2. That the expenditure of $610,000.00, or so much thereof as may be necessary, be and is hereby authorized from the Recreation and Parks Bond Fund, No. 702, Dept. 51-01, as follows, to pay the cost thereof.
Fund Project Obj. Level 3 OCA Amount
702 510017-100000 6680 721700 $125,000.00
702 510017-100004 6680 721704 $25,000.00
702 510017-100016 6680 721716 $40,400.00
702 510035-100000 6680 702035 $225,000.00
702 510035-100005 6680 723505 $19,600...
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