Explanation
Background: Ordinance No. 1814-2007, passed November 19, 2007 which authorized the City Attorney to acquire certain property rights, and to expend monies in connection with the OSIS Downtown Odor Control Facilities Project. The preliminary amount of funding originally made available for this project was done with the understanding that additional monies may be needed at a later date. It is now necessary to authorize the City Attorney to acquire additional fee simple title and lesser interests, contract for any additional necessary professional services, and to expend additional money for payment of acquisition costs in connection with the OSIS Downtown Odor Control Facilities Project.
Fiscal Impact: This ordinance authorizes the transfer and appropriation of funds from the Sanitary Sewer Reserve Fund to the Voted Sanitary Sewer Bond Fund for this expenditure, and also allows for an amendment to the 2008 Capital Improvements Budget to establish sufficient funds and budget authority to cover the expenditure upon passage of the ordinance. Monies for this contract from the Sanitary Sewer Reserve Fund will be provided from an upcoming Bond Sale via the transfer detailed in this Ordinance.
Emergency Justification: Emergency action is requested to allow for the acquisition of real property necessary to the completion of this project to proceed without delay.
Title
To authorize the City Attorney to acquire fee simple title and lesser interests, contract for professional services, and to authorize the transfer and appropriation of $2,470,000.00 from the Sanitary Sewer Reserve Fund to the Voted Sanitary Sewer Bond Fund; to authorize the expenditure of $2,470,000.00 within the Voted Sanitary Sewer Bond Fund; to amend the 2008 Capital Improvement Budget for the Division of Sewerage and Drainage for costs in connection with the OSIS Downtown Odor Control Facilities Project; and to declare an emergency. ($2,470,000.00).
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