City of Columbus - File #: 1512-2005

• File #: 1512-2005
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/8/2005
• In control: Utilities Committee
• On agenda: 10/3/2005
• Final action: 10/6/2005
• Title: To amend the 2005 Capital Improvements Budget; to authorize the transfer of $85,414.34 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects; to authorize the expenditure up to an amount not to exceed $108,163.44; and to declare an emergency. ($108,163.44)

Date	Ver.	Action By	Action	Result
10/6/2005	1	ACTING CITY CLERK	Attest
10/5/2005	1	MAYOR	Signed
10/3/2005	1	Columbus City Council	Approved	Pass
10/3/2005	1	COUNCIL PRESIDENT	Signed
9/23/2005	1	Utilities Drafter	Sent to Clerk's Office for Council
9/22/2005	1	Finance Reviewer	Reviewed and Approved
9/22/2005	1	FINANCE DIRECTOR	Reviewed and Approved
9/22/2005	1	Utilities Drafter	Sent for Approval
9/22/2005	1	CITY AUDITOR	Reviewed and Approved
9/22/2005	1	CITY AUDITOR	Reviewed and Approved
9/22/2005	1	Utilities Drafter	Sent for Approval
9/22/2005	1	CITY ATTORNEY	Reviewed and Approved
9/20/2005	1	Utilities Drafter	Sent for Approval
9/19/2005	1	UTILITIES DIRECTOR	Reviewed and Approved
9/15/2005	1	Utilities Reviewer	Sent for Approval
9/14/2005	1	Utilities Drafter	Sent for Approval
9/13/2005	1	Utilities Reviewer	Reviewed and Approved
9/13/2005	1	Utilities Drafter	Sent for Approval
9/13/2005	1	Utilities Reviewer	Reviewed and Approved
9/8/2005	1	Utilities Drafter	Sent for Approval

Explanation


BACKGROUND: This legislation authorizes an amendment to the 2005 CIB, the transfer of funds within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund and the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects from February 8, 2005 through June 22, 2005.

Emergency action is requested in order that financial transactions may be completed and the Division of Electricity reimbursed in a timely manner.

FISCAL IMPACT: There is sufficient budget authority within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund, however, transfers between projects within the fund are necessary to provide funding in the appropriate projects. This legislation amends the 2005 Capital Improvements Budget to reflect the transfers.



Title


To amend the 2005 Capital Improvements Budget; to authorize the transfer of $85,414.34 within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund; and to authorize the reimbursement to the Division of Electricity for labor and equipment costs incurred in the installation of various street lighting projects; to authorize the expenditure up to an amount not to exceed $108,163.44; and to declare an emergency. ($108,163.44)


Body

WHEREAS, the Division of Electricity has incurred costs for labor and equipment necessary for the installation of various street lighting projects from its operating fund; and

WHEREAS, it is necessary to reimburse the Division of Electricity for costs incurred in the construction of various street lighting projects; and

WHEREAS, it is necessary to transfer funds and budget authority within the Voted 1995 and 1999 Street Lighting and Electricity Distribution Improvements Fund to provide funding in the appropriate projects for the reimbursement to the Division of Electricity; and

WHE...