Explanation
BACKGROUND: This legislation authorizes the appropriation of $120,000 from the unappropriated balance of the Land Management Fund to provide funds for various expenses associated with the management and maintenance of properties held in the Columbus Land Bank. The Land Management Fund was created in September, 1998 for the administration of the Land Reutilization Program (Land Bank).
Emergency action is requested so that the management and maintenance of City owned Land Bank properties can continue without interruption.
FISCAL IMPACT: This legislation appropriates $120,000 from the unappropriated balance of the Land Management Fund.
Title
To authorize the appropriation of $120,000.00 from the unappropriated balance of the Land Management Fund to the Department of Development to provide funds for various expenses associated with the management and maintenance of properties held in the Columbus Land Bank; and to declare an emergency. ($120,000.00)
Body
WHEREAS, the Land Management Fund was created in September 1998 to provide funds for various expenses associated with the management and maintenance of properties held in the Land Bank; and
WHEREAS, this legislation appropriates $120,000 from the unappropriated balance of the Land Management Fund to the Department of Development for the management and maintenance of properties held in the Columbus Land Bank Program; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, that it is immediately necessary to provide an appropriation so that expenditures related to the management and maintenance of Land Bank properties can be charged accordingly, thus avoiding an interruption in the delivery of vital program services, all for the immediate preservation of the public health, peace, property, safety, and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the unallocated monies in the Land Management Fund, Fund 206, and from any and all sources unallocated for any other purpose during the fiscal year ending December 31, 2014, the sum of $120,000 is hereby appropriated to the Department of Development, Division 44-01, Object Level One 03, OCA Code 441206 for the purpose of the management and maintenance of properties held in the Columbus Land Bank.
SECTION 2. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 3. 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.