Explanation
This legislation will authorize the transfer of grant funds from Fund 291 to the Recreation and Parks Permanent Improvement Fund, Fund 747 and the amendment of the 2007 Capital Improvements Budget. Grant funds in the amount of $43,000.00 were previously appropriated for the Hayden Falls Boardwalk Project in Ordinance Number 1308-2006 as follows:
Ordinance Number 1308-2006 authorized the appropriation and transfer of $89,376.31 within the Recreation and Parks Permanent Improvement Fund, to enter into contract with Watson-Shonebarger General for the Hayden Falls Boardwalk Installation, to authorize the expenditure of $145,889.81 from various funds, and to declare an emergency. Contract #EL006363 was created to perform this work.
The Hayden Falls Boardwalk Project consisted of the addition of 150 feet of boardwalk, steel stairway and concrete observation decks. Two (2) other grants were made available to the Recreation and Parks Department relative to this project giving the Department a total of three (3) grants. Those grants were accepted and appropriated under separate Ordinances as follows: (1) Hayden Falls Park II, Grant Number 510617 in the amount of $22,997.00 and (2) Hayden Falls Observation, Grant Number 516034 in the amount of $21,000.00. As a result, a $43,997.00 cash balance is available and needs to be transferred to the appropriate fund in order to pay expenditures for the above project.
Emergency legislation is requested so that the grant funds can be transferred in order to reimburse Fund 747 for expenditures related to the Hayden Falls Boardwalk Project.
Fiscal Impact: To move the appropriation within Fund 291 in the grants listed in Section 1 for the purpose of transferring the monies to Fund 747 in the amount of $43,997.00.
Title
To move the appropriation within Fund 291 for the purpose of transferring the monies to Fund 747, to authorize and direct the transfer of $43,997.00 from Grant Fund 291 to Fund 747, Recreation and Parks Permanent Improvement Fund for expenditures related to Ordinance #1308-2006, Hayden Falls Boardwalk, to amend the 2007 Capital Improvement Budget, and to declare an emergency. ($43,997.00)
Body
WHEREAS, it is necessary to transfer grant funds from Fund 291 in order to reimburse Fund 747 for expenditures related to the Hayden Falls Boardwalk Grant Project; and
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to transfer said funds for the preservation of public health, peace, property and safety, now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. To move appropriation from OL1-06 to OLI-10 in Fund 291:
FROM:
Fund No. OCA Code/Grant # Object Level 3 Amount
291 510617 6601 $22,997.00
291 516034 6601 $21,000.00
TO:
Fund No. OCA Code/Grant # Object Level 3 Amount
291 510617 5501 $22,997.00
291 516034 5501 $21,000.00
Section 2. To move cash from Fund 291 to Fund 747:
FROM:
Fund No. OCA Code/Grant # Object Level 3 Amount
291 510617 5501 $22,997.00
291 516034 5501 $21,000.00
TO:
Fund No. OCA Code/Grant # Object Level 3 Amount
747 640862 0886 $22,997.00
747 640862 0886 $21,000.00
Section 3. That the 2007 Capital Improvements Budget Ordinance No. 0733-2007 is hereby amended as follows in order to provide sufficient budget authority for previously approved legislation:
CURRENT:
Fund 747 Project 747999 / Unallocated Balance / $33,693
AMENDED TO:
Fund 747 Project 747999 / Unallocated Balance / $278,551
Section 4. That the City Auditory is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administering said project that the project has been completed and the monies are no longer required for said project, except that no transfer shall be so made from a project account funded by monies from more than one source.
Section 5. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
Section 6. 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 the Mayor neither approves nor vetoes the same.