City of Columbus - File #: 1819-2006

• File #: 1819-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/6/2006
• In control: Utilities Committee
• On agenda: 11/6/2006
• Final action: 11/9/2006
• Title: To authorize an amendment to the 2006 Capital Improvements Budget to be in line with the needs of the Department of Public Utilities; and declare an emergency.

Date	Ver.	Action By	Action	Result
11/9/2006	1	CITY CLERK	Attest
11/8/2006	1	MAYOR	Signed
11/6/2006	1	Columbus City Council	Approved	Pass
11/6/2006	1	COUNCIL PRESIDENT	Signed
10/19/2006	1	Utilities Drafter	Sent to Clerk's Office for Council
10/18/2006	1	Utilities Drafter	Sent for Approval
10/18/2006	1	Utilities Drafter	Sent for Approval
10/18/2006	1	CITY AUDITOR	Reviewed and Approved
10/18/2006	1	Auditor Reviewer	Reviewed and Approved
10/18/2006	1	CITY ATTORNEY	Reviewed and Approved
10/17/2006	1	Utilities Drafter	Sent for Approval
10/17/2006	1	FINANCE DIRECTOR	Reviewed and Approved
10/17/2006	1	Finance Reviewer	Reviewed and Approved
10/17/2006	1	Finance Reviewer	Reviewed and Approved
10/16/2006	1	Utilities Drafter	Sent for Approval
10/16/2006	1	UTILITIES DIRECTOR	Reviewed and Approved
10/16/2006	1	Utilities Reviewer	Sent for Approval

Explanation

Background: This ordinance authorizes amending of the 2006 Capital Improvements Budget (CIB) for the Department of Public Utilities in the following areas; Division of Power & Water - Water, the Division of Power & Water - Power, the Division of Sewerage and Drainage - Stormwater, and the Division of Sewerage and Drainage - Sanitation. This will align the needed authority with the funds issued in the 2006 November Bond Sale for each of these divisions.

Emergency action: This ordinance is submitted as an emergency so as to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.

Fiscal impact: This legislation will amend the authority in the 2006 CIB so that it will be in line with the needs of the funds issued through the 2006 November Bond Sale.


Title

To authorize an amendment to the 2006 Capital Improvements Budget to be in line with the needs of the Department of Public Utilities; and declare an emergency.


Body

WHEREAS, it is necessary to align the 2006 Bond Sale Proceeds with the needed authority for each project involved; and

WHEREAS, the 2006 Capital Improvements Budget (CIB) is hereby amended to reflect the abovementioned authority needs,

WHEREAS, an emergency exists in the usual operation of the City in that it is immediately necessary to make said amendment to allow the financial transaction to be posted in the City's accounting system as soon as possible; now therefore

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:


SECTION 1: That the 2006 CIB be amended as follows:


DIVISION OF SEWERAGE AND DRAINAGE - STORMATER, 60-15, FUND 685
AUTHORITY

PROJECT PROJECT CURRENT AMENDED
NAME NUMBER CIB AMOUNT CIB AMOUNT
East Central Relief Storm Sewer 610037 $0 $26,066
Fifth Ave. NCG (Krumm) 610504 $0...