Explanation
BACKGROUND: This ordinance authorizes the transfer of budget authority between object levels within the Electricity Operating Fund and authorizes the Director of Public Utilities to reimburse Manassas Inn Co. dba Holiday Inn City Center for over-payment of charges.
It is the division's policy to collect Contribution in Aid of Construction (CIAC) charges from customers prior to beginning work on new or upgraded electric services. A check for $44,649.12 from the Manassas Inn Co. was received May 15, 2007. However, the customer later revised construction plans which reduced the scope of work needed to be performed by the Division of Power and Water crews. The revised cost is $21,491.70; therefore, a refund of $23,157.42 is due to Manassas Inn Co. dba Holiday Inn City Center.
It is requested that this legislation be handled in an emergency manner in order to reimburse the customer at the earliest possible date.
FISCAL IMPACT: Since there is insufficient budget authority in Object Level One 05 for this expense, a transfer of budget authority between object levels within the Electricity Operating Fund is required. There is sufficient budget authority in Object Level One 03 for this transfer due to lower than expected costs for service fees associated with purchased power.
Title
To authorize the transfer of budget authority between object levels within the Electricity Operating Fund; to authorize the Director of Public Utilities to reimburse Manassas Inn Co. dba Holiday Inn City Center for over-payment of Contribution in Aid of Construction charges; to authorize an expenditure of $23,157.42 from the Electricity Operating Fund; and to declare an emergency. ($23,157.42)
Body
WHEREAS, it is the policy of the Department of Public Utilities, Division of Power and Water to collect Contributions in Aid of Construction (CIAC) charges prior to beginning work on new or upgraded electric services; and
WHEREAS, the scop...
Click here for full text