Explanation
This ordinance will authorize the establishment of an auditor's certificate and an expenditure for 2009 Capital Improvements Projects staff time reimbursements in the amount of $500,000.00 and amend the 2008 Capital Improvements Budget. The reimbursements are for staff services related to the administration of Capital Improvement projects.
Fiscal Impact:
$500,000.00 is required and budgeted in the Voted 1999/2004 Recreation and Parks Bond Fund to meet the financial obligations of these various expenditures.
Title
To establish an Auditor's certificate, to authorize the expenditure of $500,000.00 for 2009 Capital Improvements staff time reimbursements from the Voted 1999/2004 Recreation and Parks Bond Fund and to amend the 2008 Capital Improvements Budget. ($500,000.00)
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 1999/2004 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 $500,000.00, or so much thereof as may be necessary, be and is hereby authorized from the Voted 1999/2004 Recreation and Parks Bond Fund, No. 702, Dept. 51-01, as follows, to pay the cost thereof.
Fund Project Project Object OCA
Type No. Title Level 3 Code Amount
Cap. Proj. 510035 Facility Improvements 6680 644526 $280,817.40
Cap. Proj. 510017 Park and Playground 6680 644526 $ 33,156.35
Cap. Proj. 510323 Reservoir Improvements 6680 644526 ...
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