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File #: 1967-2015    Version: 1
Type: Ordinance Status: Passed
File created: 7/9/2015 In control: Development Committee
On agenda: 7/27/2015 Final action: 7/30/2015
Title: To amend the 2015 Capital Improvement Budget; to authorize the City Auditor to appropriate $50,000.00 within the General Permanent Improvement Fund; to authorize the City Auditor to transfer cash and appropriation within the General Permanent Improvement Fund; to authorize the Director of Finance and Management enter into professional service contracts not to exceed $50,000.00 to provide real estate pre-development due diligence services; to authorize the expenditure of $50,000.00 from the General Permanent Improvement Fund; and to declare an emergency. ($50,000.00)

Explanation

 

BACKGROUND: The City owns a number of properties that were acquired to meet future city operational and development needs. In order to aid the City in making appropriate and informed decisions regarding future use of such properties, it is necessary to analyze pertinent site data drawn from accurate property survey and legal descriptions. All professional services will be solicited and contracts awarded in accordance with the competitive bidding provisions of the Columbus City Codes.

 

EMERGENCY JUSTIFICATION: Emergency action is requested so that the necessary funding for this project is immediately available in order to allow this project to commence as early as possible and to enable the City to proceed without delay.

 

FISCAL IMPACT: This legislation authorizes the expenditure of up to $50,000.00. Sufficient funding is available in the 2015 Capital Improvement Budget in the General Permanent Improvement Fund.

 

 

Title

 

To amend the 2015 Capital Improvement Budget; to authorize the City Auditor to appropriate $50,000.00 within the General Permanent Improvement Fund; to authorize the City Auditor to transfer cash and appropriation within the General Permanent Improvement Fund; to authorize the Director of Finance and Management enter into professional service contracts not to exceed $50,000.00 to provide real estate pre-development due diligence services; to authorize the expenditure of $50,000.00 from the General Permanent Improvement Fund; and to declare an emergency. ($50,000.00)

 

 

Body

 

WHEREAS, the City owns a number of properties that were acquired to meet future city operational and development needs; and

 

WHEREAS, the Director of Finance and Management and the Director of Development see the opportunity to create redevelopment opportunities on certain city-owned land no longer necessary for support of city operations; and

 

WHEREAS, the City’s ability to have the necessary information regarding site attributes of these properties available will provide the ability to respond quickly with accurate data regarding a site to enable a quick determination of the suitability of the site’s use for redevelopment; and

 

WHEREAS, professional services contracts will be entered into by the Director of Finance and Management to provide these services on City-owned land; and

 

WHEREAS, it is necessary to amend the 2015 Capital Improvements Budget to authorize the appropriation and transfer of funds between projects within the General Permanent Improvement Fund to provide funds in the appropriate project for this expense; and

 

WHEREAS, an emergency exists in the usual daily operation of the City, in that it is immediately necessary to make funding available for capital eligible expenses for professional service to provide real estate pre-development due diligence services; now, therefore,

 

 

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

 

 

SECTION 1.                     That the 2015 Capital Improvement Budget, authorized through Ordinance 0557-2015, is hereby amended as follows to provide sufficient budget authority for the cost of the professional services contracts stated in Section 4 herein:

 

Fund / Project / Project Name / Current Authority / Revised Authority / Change

Fund 748 / 748999-100000 / Unallocated Balance Fund 748 / $551,592 / $501,592 / ($50,000)

Fund 748 / 748411-100000 / Development / $0 / $50,000 / $50,000

 

SECTION 2.                     That the City Auditor is hereby authorized to appropriate $50,000 from the unappropriated balance of the General Permanent Improvement Fund, Fund 748, Dept./Div. 45-01, Project Number 748999-100000, Project Name Unallocated Balance Fund 748, OCA Code 643114, Object Level Three 6682.

 

SECTION 3.                     That the City Auditor is hereby authorized to transfer cash and appropriation within the General Permanent Improvement Fund, Fund 748 as follows:

 

FROM:

Dept/Div: 45-01

Project Number: 748999-100000

Project Name: Unallocated Balance Fund 748

OCA Code: 643114

Object Level Three: 6682

Amount: $50,000

 

TO:

Dept/Div: 40-01

Project Number: 748411-100000

Project Name: Development

OCA Code: 748411

Object Level Three: 6682

Amount: $50,000

 

SECTION 4.                     That the Director of Finance and Management is hereby authorized to enter into professional service contracts to acquire necessary real estate pre-development information to assist the Director of Finance and Management and the Director of Development in creating redevelopment opportunities on certain city-owned land no longer necessary for support of city operations.

 

SECTION 5.                     That for the purpose stated in Section 4, the expenditure of up to $50,000 is hereby authorized from the General Permanent Improvement Fund, Fund 748, Dept./Div. 40-01, Project 748411-100000, OCA 748411, Object Level Three 6682.

 

SECTION 6.                     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 7.                     That the City Auditor is hereby authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.

 

SECTION 8.                     That the City Auditor 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.

 

SECTION 9.                     That for 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.