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File #: 3132-2018    Version: 1
Type: Ordinance Status: Passed
File created: 11/5/2018 In control: Economic Development & Small and Minority Business Committee
On agenda: 12/3/2018 Final action: 12/6/2018
Title: To authorize the appropriation of $2,011,696.00 from the unappropriated balance of the Land Management Fund to the Department of Development to provide funds for the administration of the Land Redevelopment Division for budget year 2019; and to declare an emergency. ($2,011,696.00)
Attachments: 1. ORD3132-2018 2019 Appropriatin DAX string

Explanation

Background: This legislation appropriates $2,011,696 from the unappropriated balance of the Land Management Fund for the administration of the Land Reutilization Program (Land Bank) in the Department of Development’s Land Redevelopment Division.  This appropriation is for the 2019 fiscal year and is in addition to funding provided by the division from the general fund. 

 

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 funds can be established at the start of the 2019 budget year.

                                                                                                     

Fiscal Impact: This legislation appropriates $2,011,696 from the unappropriated balance of the Land Management Fund (Fund 2206) for the 2019 budget year. The unencumbered balance of this fund is approximately $2,564,873.

 

Title

To authorize the appropriation of $2,011,696.00 from the unappropriated balance of the Land Management Fund to the Department of Development to provide funds for the administration of the Land Redevelopment Division for budget year 2019; and to declare an emergency. ($2,011,696.00)

 

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 $2,011,696.00 from the unappropriated balance of the Land Management Fund to the Department of Development for the administration of the Division of Land Redevelopment for budget year 2019; and

 

WHEREAS, the unappropriated balance of this fund is approximately $2,564,873; and

 

WHEREAS, an emergency exists in the usual daily operation of the Department of  Development in that it is immediately necessary to provide for this appropriation so that funds can be established at the start of the 2019 budget year, 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, 2019, the sum of $2,011,696.00 is appropriated in Fund 2206 Land Management Fund in Object Class 01 Personal Services, Object Class 02 Materials and Supplies, Object Class 03 Contractual Services, and Object Class 05 Other Expenses per the accounting codes in the attachment to this ordinance.

 

SECTION 2.  That the funds necessarty 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 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 4.  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 5. 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.