Explanation
BACKGROUND: This legislation is needed to transfer cash for the Divisions of Power and Water and Sewerage and Drainage. Transfers are needed to align cash with 2007 budget authority.
Emergency action is requested in order that the cash be aligned with the passage of the 2007 Capital Improvements Budget.
FISCAL IMPACT: There is no fiscal impact with the transfering of cash.
Title
To authorize City Auditor to transfer cash within the Water Works Enlargement Voted 1991 Bonds Fund, the Voted Storm Sewer Bond Fund, and the Voted Sanitary Sewer Bond Fund; and to declare an emergency.
Body
WHEREAS, a transfer of cash is needed to align with 2007 budget authority;
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, Divisions of Power and Water and Sewerage and Drainage; in that it is immediately necessary to transfer cash in order that the cash be aligned with the passage of the 2007 Capital Improvements Budget; in an emergency manner for the immediate 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 City Auditor is hereby authorized to transfer cash in the amount of $1,061,157.90 within the Water Works Enlargement Voted 1991 Bonds Fund, Fund 606, Division of Power and Water, Division 60-09, Object Level One 06, Object Level Three 6621, as follows:
TRANSFER FROM:
Project No | Project Name | OCA Code | Amount
690276 | Griggs Dam Renovation | 642900 | $55,544.10
690351 | McKinley Avenue Quarry Imp. | 642900 | $2,969.73
690418 | DRWP Filter Gallery Piping Coating | 690418 | $1.04
690444 | O'Shaughnessy Hydro Electric Imps | 690444 | $18,732.01
690449 | Dublin Road 36" Water Main | 690449 | $981,410.02
690494 | DRWP New Low Service Pumps | 606494 | $2,501.00
TRANSFER TO:
Project No | Project Name | OCA Code | Amount
690492 | DRWP Raw Water Intake | 606492 | $...
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