Explanation
The City Treasurer respectfully request to modify the contract for banking services with Huntington Trust for the 2004 - 2005 contract term. Additional funds are needed to cover banking fees.
Title
To authorize the City Treasurer to modify a contract with Huntington Trust for various banking services, to authorize an increase of expenditure by $1,500.00 from the General Fund, and declare an emergency. ($1,500.00)
Body
Whereas, the City Treasurer wishes to modify the contract between the City of Columbus and Huntington Trust for banking services; and
Whereas, an emergency exists in the usual daily operations of the Treasurer's office, as it is immediately necessary to modify the existing contract cited below, providing banking services necessary for the daily operations of normal business activities of the City of Columbus; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS
Section 1: That the City Treasurer is hereby authorized to modify the existing contract with Huntington Bank by increasing the expenditure amount by $1,500.00 or so much as may be necessary from the General Fund 010, City Treasurer's Office 23-01, as follows:
OCA Code Object Level 1 Object Level 3 Purpose Amount
230227 03 3348 Banking Services $1,500.00
Section 2: That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor or ten days after passage if there Mayor neither approves nor vetoes the same.