Explanation
This ordinance provides an additional $169,126.50 to prevent inspection deficits for 13 projects within the Transportation Division Capital Improvement Program. These projects include Curb Ramp Ponding Mitigation 2006, High Street Resurfacing and Bridge Project, Resurfacing 2007 Project 1, South High Street ADA Curb Ramps, West Edge Business Center Roadway Resurfacing, Overbrook Drive over Adena Brook #4, Lockbourne Road Pipe Extension, Collins Raised Crosswalk and King Avenue, Traffic Calming 2003, Cleveland & 15th Avenue Fire Station #18, Standby Generator Contract 2, West Broad Street between Sylvan and Wilson, and Morse Road Phase 1.
These projects require additional construction inspection funds for varying reasons including project modifications due to expanded scope, unforeseen conditions, weather, construction change orders, etc.
Fiscal Impact: Funding for these projects has been made available from cancelled construction inspection encumbrances for construction contracts that have been completed.
This legislation amends the 2008 C.I.B, transfers funds between projects within the Streets and Highways G.O. Bonds Fund and transfers funds from the Streets and Highways G.O. Bonds Fund to the State Issue II Street Projects Fund and appropriates within Fund 764 consistent with where the original construction inspection expenses were incurred. Finally, it authorizes the expenditure of $169,126.50 for construction inspection.
Emergency action is requested to provide construction inspection funds for these projects in the interest of maintaining proper accounting and fund integrity in a timely manner.
Title
To amend the 2008 C.I.B; to authorize the City Auditor to transfer funds within and between projects in the Streets and Highways G.O. Bonds Fund and the State Issue II Street Projects Fund; to authorize the appropriation of $22,704.38 within the State Issue II Street Projects Fund; to authorize the expenditure of $144,12...
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