Explanation
Background: Ordinance No. 0691-2006, passed April 24, 2006, authorizing the City Attorney to acquire certain property rights, and to expend certain monies in connection with the Midland/Eakin Stormwater System Improvement Project. The original amount of funding made available for this project was done so with the understanding that additional monies may be needed at a later date. It is now necessary to increase the Auditor's Certificate established by the aforementioned ordinance by the amount of $20,000.00 to pay for additional costs in connection with this project.
Fiscal Impact: The Department of Public Utilities, Division of Sewerage and Drainage is requesting an amendment to the 2006 Capital Improvements Budget for purposes of establishing sufficient budget authority for this expenditure. In addition, this legislation includes a transfer of funds within the Storm Sewer Bonds Fund to cover this expenditure.
Emergency Justification: Emergency action is requested to allow acquisition activities to continue uninterrupted.
Title
To authorize and direct the City Auditor to transfer of $20,000.00 within the Storm Sewer Bond Fund; for the purpose of increasing an existing Auditor's Certificate; to authorize an amendment to the 2006 Capital Improvements budget; for the Division of Sewerage and Drainage; to expend $20,000.00 from the Storm Sewer Bonds Fund; for costs in connection with the Midland/Eakin Stormwater System Improvement Project, and to declare an emergency. ($20,000.00)
Body
WHEREAS, the City of Columbus is engaged in the acquisition of real estate in connection with the Midland/Eakin Stormwater System Improvement Project; and
WHEREAS, it is necessary to transfer money within the Storm Sewer Bond Fund for the Midland/Eakin Stormwater System Improvement Project; and
WHEREAS, it is necessary to authorize an amendment to the 2006 Capital Improvements Budget for purposes of providing sufficient funding and spen...
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