Explanation
1. BACKGROUND
This ordinance authorizes the City Auditor to create an ACDI in order to complete reimbursement requests for various property owners awarded a grant under the Sidewalk Repair Grant Program. The previous ACDI created to make reimbursement payments has been exhausted.
Ordinance 2584-2016 authorized the expenditure of up to $550,000.00 to establish funding to issue grant payments. This legislation also authorized payment of grant money to various property owners awarded a grant under the Sidewalk Repair Grant Program that make their own repairs, or authorizes payment of grant funds direct to the various contractors that made the repairs if the awarded property owner chooses to hire a contractor to make the repairs. ACDI000201 was created through this ordinance in the amount of $550,000.00
Ordinance 1510-2019 cancelled ACDI000201 and re-established two Auditor Certificates. Auditor Certificate ACDI000840 was established to allow reimbursement of property owners that make required sidewalk repairs on their own in the amount of $50,000.00.
This ordinance is requesting a new ACDI be established in the amount of $50,000.00 using funds remaining in the project to pay for reimbursement requests that have been submitted and approved and allow for the payment of future reimbursement requests to the property owners who have be awarded the grant.
2. FISCAL IMPACT
Funding in the amount of $50,000.00 is available within Fund 7704, the Streets and Highways Bond Fund within the Department of Public Service. An amendment to the 2022 Capital Improvements Budget is required to establish sufficient budget authority for the project. Funds need to be appropriated.
3. EMERGENCY DESIGNATION
Emergency action is requested to avoid further delay in making reimbursement request payments to property owners awarded a grant under the Sidewalk Repair Grant Program.
Title
To amend the 2022 Capital Improvement budget; to authorize the expenditure of up to...
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