Explanation
Background: This legislation appropriates $65,000.00 from the unappropriated cash balance of the Land Management Fund for the administration of the Land Reutilization Program (Land Bank) in the Department of Development’s Division of Land Redevelopment for the remainder of 2017. 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 Columbus Land Bank.
Emergency action is requested so that expenditures related to the administration of the Division of Land Redevelopment projects can be charged accordingly.
Fiscal Impact: This legislation appropriates $65,000.00 from the unappropriated cash balance of the Land Management Fund (Fund 2206) for the continued administration of this program in 2017. The unappropriated cash balance of this fund is approximately $2,120,620.
Title
To authorize the appropriation of $65,000.00 from the unappropriated cash balance of the Land Management Fund to the Department of Development to provide funds for the administration of the Division of Land Redevelopment projects; and to declare an emergency. ($65,000.00)
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, it is necessary to appropriate $65,000.00 from the unappropriated cash balance of the Land Management Fund to the Department of Development for the administration of the Division of Land Redevelopment. The unappropriated cash balance of this fund is approximately $2,120,620; and
WHEREAS, these funds are being appropriated to provide funding for staff costs; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to provide an appropriation so that expenditures related to the administration of Division of Land Redevelopment projects 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 unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2017, the sum of $65,000.00 is appropriated in Fund 2206 Land Management Fund in Object Class 01 Personal Services per the accounting codes in the attachment to this ordinance.
SECTION 2. That the monies appropriated in the foregoing Section 1 shall be paid upon the order of the Development Director and that no order shall be drawn or money paid except by voucher, the form of which shall be approved by the City Auditor.
SECTION 3. That the funds are hereby deemed appropriated and expenditures and transfers authorized to carry out the purposes of this ordinance and the City Auditor shall establish such accounting codes as necessary.
SECTION 4. 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.