Explanation
1. BACKGROUND
The Department of Public Service was engaged in the Traffic Signal Installation - Livingston Avenue at Wager Street project, which included installing a traffic signal at the intersection of Livingston Avenue and Wager Street.
Ordinance 2752-2012 authorized the Director of Public Service to enter into a contribution agreement with Nationwide Children’s Hospital (NCH) to accept funding from NCH for said project.
The work has been completed, the final accounting done, and the department must refund part of the contribution received from NCH. NCH deposited $107,500.00, the final cost to NCH was $92,126.76, and $15,373.24 shall be refunded.
This ordinance authorizes the Department of Public Service to refund $15,373.24 to NCH for said project.
3. FISCAL IMPACT
Funds in the amount of $15,373.24 are available for this project in Street & Highway Improvements (non-bond) fund. An amendment to the 2014 Capital Improvements fund is necessary for the purpose of providing sufficient spending authority for the aforementioned project expenditure.
4. EMERGENCY DESIGNATION
Emergency action is requested to promptly pay Nationwide Children’s Hospital because the project is complete.
Title
To amend the 2014 Capital Improvement Budget; to authorize the City Auditor to transfer cash and appropriation between projects within the Street & Highway Improvement (non-bond) Fund; to authorize the Director of Public Service to refund money to Nationwide Children’s Hospital for their contribution to the City’s Traffic Signal Installation - Livingston Avenue at Wager Street project; to authorize the expenditure of up to $15,373.24 from the Street & Highway Improvement (non-bond) fund; and to declare an emergency. ($15,373.24)
Body
WHEREAS, the Department of Public Service was engaged in the Traffic Signal Installation - Livingston Avenue at Wager Street project; and
WHEREAS, Ordinance 2752-2012 authorized the Director of Public Service to enter i...
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