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HomeMy WebLinkAbout52-09 OrdinanceRECORD OF ORDINANCES Dacron L,oeal Blank, Inc. 52-09 Ordinance No. Passed . 20 AN ORDINANCE AMENDING THE ANNUAL APYROPRIATIO\TS ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 2009 WHEREAS, Section 5705.40 of the Ohio Revised Code allows for supplemental appropriations to be made provided sufficient resources are available; and WHEREAS, the Ohio Revised Code requires, when necessary, amendments to the annual appropriations ordinance be made in order that appropriations are not over expended; and WHEREAS, it is necessary to amend the annual appropriations measure to provide adequate funding authorization for various capital projects and capital project funds. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, ~ of the elected members concurring that: Section 1. There be appropriated from the unappropriated balance in the State Highway Fund the amount of 576,200 to account 211-1330-770-2349 for engineering design fees for the Kiverside Drive/Hard Road thin lane project. Section 2. There be appropriated from the unappropriated balance in the Special Assessment Debt Service Fund the amount of 5430,452.63 to account 320-0210-810-2790 for the purpose of transferring the amount remaining in the Fund to the General Obligation Debt Service Fund. Section 3. There be appropriated from the unappropriated balance in the Woerner-Temple TIF Fund the amount of $100 to account 412-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 4. There be appropriated from the unappropriated balance in the Ruscilli TIF Fund the amount of 54,600 to account 415-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 5. There be appropriated from the unappropriated balance in the Pizzuti TIF Fund the amount of $183,000. Of the total, $2,260 be appropriated to account 416-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments, $18,000 to account 416-0314-780-2349 for design fees related to the development of the Metro Center Park project and $162,740 to account 416-0314-780-2510 for the development of the Metro Center Park. Section 6. There be appropriated from the unappropriated balance in the Thomas/Kohler TIF Fund the amount of $475,000. Of the total, $6,350 is to be appropriated to account 419- 0221-710-2301 for fees charged by Franklin County to collect and distribute service payments, S70,000 to account 419-0314-780-2349 for engineering fees related the widening of Emerald Parkway from Rings Road to Tuttle Crossing Boulevard and the installation ofthe traffic signal at the intersection of Emerald Parkway and Innovation Drive ,and $398,650 to account 419-0314-780-2551 for the installation of a traffic signal at the intersection of Emerald Parkway and Innovation Drive. Section 7. There be appropriated from the unappropriated balance in the McKitrick TIF Fund the amount of $725,000. Of the total, $17,000 is to be appropriated to account 421-0221-710- 2301 for fees charged by Franklin County to collect and distribute service payments, 57,500 to account 421-0314-780-2349 for appraisal/negotiation fees for the Post Road/Commerce Parkway improvements, $135,000 to account 421-0314-780-2510 for acquisition ofright-of- way for the Post/Commerce Parkway improvements, and $565,500 to account 421-0314-780- 2551 for construction costs related to the Post/Commerce Parkway improvements project and landscaping related to Emerald Parkway (Cardinal Health) improvements. Section 8. There be appropriated from the unappropriated balance in the Perimeter Center TIF Fund the amount of $127,250. Of the total, $4,750 is to be appropriated to account 425- RECORD OF ORDINANCES Daymn_Lcgal Blank. Inc. __ Ponut~o.30043 52-09 Page 2 Ordinance Nn. Passed , ~0 0221-710-2301 for fees charged by Franklin County to collect and distribute service payments, $113,000 to account 425-0314-780-2349 for design fees related to the Perimeter Drive/Commerce Parkway intersection improvement project and $9,500 to account 425-0314- 780-2510 for right-of--way acquisition for the Avery-Muirfield/Post Road roundabout project. Section 9. There be appropriated from the unappropriated balance in the Rings Road TIF Fund the amount of $3,535 to account 426-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 10. There be appropriated from the unappropriated balance in the Perimeter West TIF Fund the amount of $8,750 to account 431-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 11. There be appropriated from the unappropriated balance in the Upper Metro Place TIF Fund the amount of $132,115. Of the total, $3,275 is to be appropriated to account 432- 0221-710-2301 for fees charged by Franklin County to collect and distribute service payments S 1,615 is to be appropriated to account 432-0314-780-2349 for Bond Council fees associated with the modification of existing TIFs. $127,225 is to be appropriated to account 432-0221- 710-2302 for the reimbursement payment to Capitol Square Ltd. in accordance with the executed TIF agreement. Section 12. There be appropriated from the unappropriated balance in the Rings/Frantz TIF Fund the amount of $4,850 to account 433-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 13. There be appropriated from the unappropriated balance in the Historic Dublin Parking TIF Fund the amount of $79,410. Of the total, $400 is to be appropriated to account 436-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments, and S79,010 to account 436-0314-780-2550 for costs related to the storm water improvements for the Indian Run Elementary parking lot. Section 14. There be appropriated from the unappropriated balance in the Perimeter Loop TIF Fund the amount of $375 to account 442-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 15. There be appropriated from the unappropriated balance in the Shamrock Boulevard TIF Fund the amount of $1,025 to account 444-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 16. There be appropriated from the unappropriated balance in the River Ridge TIF Fund the amount of $30,580. Of the total, 8580 is to be appropriated to account 446-0221- 710-2301 for fees charged by Franklin County to collect and distribute service payments and S30,000 is to be appropriated to account 446-0314-780-2349 for alternatives analysis for the Riverside Drive/SR 161 intersection improvement project. Section 17. There be appropriated from the unappropriated balance in the Lifetime Fitness TIF Fund the amount of $1,470 to account 447-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 18. There be appropriated from the unappropriated balance in the Irelan Place TIF fund the amount of $85 to account 449-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 19. There be appropriated from the unappropriated balance in the Shier Rings Road TIF the amount of $125 to account 450-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. Section 20. There be appropriated from the unappropriated balance in the Kroger Centre TIF Fund the amount of $2,000 to account 454-0221-710-2301 for fees charged by Franklin County to collect and distribute service payments. RECORD OF ORDINANCES 52-09 Page 3 Orcfiiaance No. Passed , 20 Section 21. There be appropriated from the unappropriated balance in the COIC Improvement Fund the amount of 51,400,000. Of the total, $775,000 is to be appropriated to account 448- 0314-780-2349 for engineering design and fees related to right-of--way acquisition, $475,000 is to be appropriated to account 448-0314-780-2510 for the acquisition ofrights-of--way and easements and 5150,000 is to be appropriated to account 448-0314-780-2SS0 for costs related to the roadway projects. Section 22. There be appropriated from the unappropriated balance in the Shamrock Crossing TIF Fund the amount of 523,700 to account 451-0314-780-2551 for reimbursement to the developer for the construction of the roadways in accordance with the TIF Agreement and final project construction costs completed by the City. Section 23. There be appropriated from the unappropriated balance in the Bridge and High TIF fund the amount of 51,650,000 to account 452-0314-780-2510 for the public improvements per the Development Agreement executed between the City and The Stonehenge Company. Section 24. There be appropriated from the unappropriated balance in the Dublin Methodist Hospital TIF Fund the amount of 5626,500. Of the total, $33,000 is to be appropriated to account 453-0314-780-2349 for engineering design fees and professional services related to right-of--way and easement acquisition, and SS93,S00 to account 453-0314-780-2551 for the Avery Road widening project from Shier Rings Road to Tuswell Drive. Section 2S. There be appropriated from the unappropriated balance in the Water Tower Construction Fund the amount of 510,000 to account 612-1330-780-2349 for inspection fees related to the construction of the Darree Field water tower. Section 26. There be appropriated from the unappropriated balance in the Sewer Construction Fund the amount of $2,200,000 to account 623-1320-780-2563 for lining of sanitary sewer lines. Section 27. The public hearing be waived to provide immediate funding authorization for these accounts. Section 28. This Ordinance shall take effect and be in force in accordance with Section 4.04(a) of the Dublin City Charter. Passed this ~~~ day of ~ ~ U ~J~/- , 2009. Mayor -Presiding Officer ATTEST: Clerk of Council CITY OF DUBLIN,. Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017-1090 Phone: 614-410-4400 • Fax: 614-410-4490 To: Members of Dublin City Council From: Terry Foegler, City Manager TI=/~ Date: October 1, 2009 Initiated By: Marsha Grigsby, Deputy City Manager/Director of Finance Bryan Thurman, Deputy Director of Finance Memo Re: Ordinance ~2-09 -Amending the Annual Appropriations for the Fiscal Year Ending December 31, 2009 Summary Ordinance 52-09 provides additional funding authorization to various accounts for capital projects. The majority of the requests relate to funds that have been established for Tax Increment Financing (TIF) districts and the projects that are supported by the service payments generated from the private improvements in the TIF districts. The projects have been approved as part of the City's Capital Improvements Program (CIP) process and legislation that has authorized the execution of construction contracts and the acquisition ofrights-of--way. Section 1 provides funding authorization for design of the Riverside Drive/Hard Road turn lane project included in the 2010-2014 CIP. As discussed during the workshops for the CIP, the design was originally programmed for 2011; however, funding is available in the State Highway Fund and completing the design in 2009 will allow us to obtain information to better estimate the future construction costs. Section 2 provides fwlding authorization to transfer the funds remaining in the Special Assessment Debt Service Fund to the General Obligation Debt Service Fund and to close the Special Assessment Fund. As discussed in the January 15, 2009 BriHi Project Update memo, the Special Assessment Debt Service Fund was established in the 1970s. The Fund has been utilized to account for the revenues and expenditures related to the debt issued for projects where a special assessment was levied against the benefitting property owners. Due to the method by which debt retirement schedules were established at the time of level principal payments versus level payments, sufficient special assessment revenue was not generated in the early years of the debt and the Special Assessment Fund was subsidized by the General Fund. This has resulted in the debt being retired with a balance remaining in the Special Assessment Debt Service Fund. Staff has discussed closing the Fund and transferring the remaining balance to the General Obligation Debt Service Fund with the City's independent auditor and they concur this is the recommended process for closing the Fund. Staff will then reduce the December transfer to the General Obligation Debt Service Fund for debt maturing on December 1 by the amount of the transfer. Sections 3 through 20 are for funding authorization requests related to the City's various TIF Funds. For each TIF Fund in which service payments were received in 2009, fees were deducted by the Franklin County Auditor for costs associated with the collection and distribution of service Memo re. Ordinance 52-09 -Amending Annual Appropriations October 1, 2009 Page 2 of 2 payments. The fees are required to be recorded as expenditures and, as a result, require that funding be appropriated. The additional requests are for the projects specified in the Ordinance. One funding request to highlight is in Section 11 for the public infrastructure improvements installed in the Upper Metro area. The payment made to Capitol Square Ltd. in 2009 is the final reimbursement payment to be made. As Council is aware, the legislation establishing the Embassy Suites and Cooker TIF districts was amended to allow the City to continue to receive service payments for fiiture improvements of the S.R 161/Post Road/Frantz Road intersection and for the future widening of U.S. 33/S.R. 161 from the I-270 interchange to the Post Road interchange. Section 21 provides funding authorization for expenditures related to the roadway improvements near the U.S. 33/S.R 161/Post Road interchange. The funding has been programmed and approved in the CIP. The acquisition of rights-of--way and easements has been approved by previous legislation with the funding initially advanced from the General Fund. Resolution 49-09 authorizes the acceptance of the bid for the construction of the relocation of Industrial Parkway and widening of S.R. 161. Funding authorization for the construction project will be requested in a supplemental appropriation request prior to year end. Sections 22 through 26 provide the funding authorization for the projects identified in the Ordinance. The additional funding authorization for the Bridge and High Fund is based on the improvements previously presented to City Council in January 2009 and the funding programmed in the CIP. Recommendation Staff recommends that Council dispense with the public hearing and approve Ordinance 52-09 at the October 5, 2009 City Council meeting. CITY OF DUBLINM Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017-1090 Phone: 614-410-4400 • Fax: 614-410-4490 To: Members of Dublin City Council From: Terry Foegler, City Manager rr-/~ Date: October 1, 2009 Initiated By: Marsha Grigsby, Deputy City Manager/Director of Finance Bryan Thurman, Deputy Director of Finance Memo Re: Ordinance 52-09 -Amending the Annual Appropriations for the Fiscal Year Ending December 31, 2009 Summary Ordinance 52-09 provides additional funding authorization to various accounts for capital projects. The majority of the requests relate to funds that have been established for Tax Increment Financing (TIF) districts and the projects that are supported by the service payments generated from the private improvements in the TIF districts. The projects have been approved as part of the City's Capital Improvements Program (CIP) process and legislation that has authorized the execution of construction contracts and the acquisition ofrights-of--way. Section 1 provides funding authorization for design of the Riverside Drive/Hard Road turn lane project included in the 2010-2014 CIP. As discussed during the workshops for the CIP, the design was originally programmed for 2011; however, funding is available in the State Highway Fund and completing the design in 2009 will allow us to obtain information to better estimate the future construction costs. Section 2 provides funding authorization to transfer the funds remaining in the Special Assessment Debt Service Fund to the General Obligation Debt Service Fund and to close the Special Assessment Fund. As discussed in the January 15, 2009 BriHi Project Update memo, the Special Assessment Debt Service Fund was established in the 1970s. The Fund has been utilized to account for the revenues and expenditures related to the debt issued for projects where a special assessment was levied against the benefitting property owners. Due to the method by which debt retirement schedules were established at the time of level principal payments versus level payments, sufficient special assessment revenue was not generated in the early years of the debt and the Special Assessment Fund was subsidized by the General Fund. This has resulted in the debt being retired with a balance remaining in the Special Assessment Debt Service Fund. Staff has discussed closing the Fund and transferring the remaining balance to the General Obligation Debt Service Fund with the City's independent auditor and they concur this is the recommended process for closing the Fund. Staff will then reduce the December transfer to the General Obligation Debt Service Fund for debt maturing on December 1 by the amount of the transfer. Sections 3 through 20 are for funding authorization requests related to the City's various TIF Funds. For each TIF Fund in which service payments were received in 2009, fees were deducted by the Franklin County Auditor for costs associated with the collection and distribution of service Memo re. Ordinance 52-09 -Amending Annual Appropriations October 1, 2009 Page 2 of 2 payments. The fees are required to be recorded as expenditures and, as a result, require that funding be appropriated. The additional requests are for the projects specified in the Ordinance. One funding request to highlight is in Section 11 for the public infrastructure improvements installed in the Upper Metro area. The payment made to Capitol Square Ltd. in 2009 is the final reimbursement pa}nnent to be made. As Council is aware, the legislation establishing the Embassy Suites and Cooker TIF districts was amended to allow the City to continue to receive service payments for future improvements of the S.R 161/Post Road/Frantz Road intersection and for the future widening of U.S. 33/S.R. 161 from the I-270 interchange to the Post Road interchange. Section 2] provides funding authorization for expenditures related to the roadway improvements near the U.S. 33/S.R 161/Post Road interchange. The funding has been programmed and approved in the CIP. The acquisition of rights-of--way and easements has been approved by previous legislation with the funding initially advanced from the General Fund. Resolution 49-09 authorizes the acceptance of the bid for the construction of the relocation of Industrial Parkway and widening of S.R. 161. Fundhrg authorization for the construction project will be requested in a supplemental appropriation request prior to year end. Sections 22 through 26 provide the funding authorization for the projects identified in the Ordinance. The additional funding authorization for the Bridge and High Fund is based on the improvements previously presented to City Council in January 2009 and the fimding programmed in the CIP. Recommendation Staff recommends that Council dispense with the public hearing and approve Ordinance 52-09 at the October 5, 2009 City Cowrcil meeting.