Explanation
BACKGROUND:
This ordinance will authorize expenditures for construction inspection fees payable to Transportation Division for North Bank Park.
Expenditures are for construction inspection services provided by City inspectors. City inspection services for work to be performed at the Spring/Long/Neil intersection (A.K.A. North Bank Park). This project is jointly funded by State of Ohio Grants, Recreation and Parks Bond, and Street and Highway Bond funds. Total North Bank Park project has an estimated cost of $13,000,000.00 and will be constructed in several phases, all of which will require construction inspection.
Emergency legislation is required as initial phases of the project are underway andinvoices are due for payment.
FISCAL IMPACT:
$100,000.00 is required and budgeted in the Voted 1995 and 1999 Street and Highway Bond Fund to meet the financial obligations of this expenditure.
Title
To authorize the expenditure of $100,000.00 for Transporation Division construction inspection fees from the Voted 1995 and 1999 Street and Highway Bond Fund, and to declare an emergency. ($100,000.00)
Body
WHEREAS, expenditures are necessary for construction inspection services to the Recreation and Parks Department; and
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to expend said funds for the preservation of public health, peace, property and safety; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the expenditure for construciton inspection fees are necessary for various services to the Recreation and Parks Department.
SECTION 2. That the expenditure of $100,000.00, or so much thereof as may be necessary, be and is hereby authorized from the 1995, 1999 Voted Streets and Highways Fund, as follows, to pay the cost thereof.
Dept. Project ...
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