HomeMy WebLinkAboutOrdinance 06-13RECORD OF ORDINANCES
Ordinance No.
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 ordinance to provide
funding authorization in certain budget accounts; and
WHEREAS, it is necessary to appropriate estimated resources identified in various capital
project funds for project - related expenditures; and
WHEREAS, at the beginning of each year, it is necessary to appropriate unencumbered
balances in various funds to authorize those funds for project- related expenditures.
NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, _ze__ of
its elected members concurring, that:
Section 1 . There be appropriated from the unappropriated balance in the General Fund the
amount of $153,462 to account 101 - 1620 - 740 -2421 for the purpose of reforestation.
Section 2 . There be appropriated from the unappropriated balance in the Woerner- Temple
TIF Fund the amount of $445,140 to account 412 - 0314 - 810 -2790 to transfer funds to the
General Obligation Debt Service Fund for the 2013 debt service obligations on the debt
issued for the Woerner - Temple Road project.
06 -13
AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS
FOR THE FISCAL YEAR ENDING DECEMBER 31, 2013
Form No
Passed 1 20
Section 3 . There be appropriated from the unappropriated balance in the Thomas /Kohler
TIF Fund the amount of $156,430 to account 419 - 0314 - 810 -2790 to transfer funds to the
General Obligation Debt Service Fund for the 2013 debt service obligations on the debt
issued for the Emerald Parkway Phase 7A (Shier Rings to Innovation) project.
Section 4 . There be appropriated from the unappropriated balance in the McKitrick TIF
Fund the amount of $654,040 to account 421 - 0314 - 810 -2790 to transfer funds to the
General Obligation Debt Service Fund for the 2013 debt service obligations due on the debt
issued for Emerald Parkway Phase 2.
Section 5. There be appropriated from the unappropriated balance in the Rings Road TIF
Fund the amount of $271,130 to account 426 - 0314 - 810 -2790 to transfer funds to the
General Obligation Debt Service Fund for the 2013 debt service obligations on the debt
issued for the Rings Road widening project.
Section 6 . There be appropriated from the unappropriated balance in the Perimeter West
TIF Fund the amount of $974,890 to account 431 - 0314 - 810 -2790 to transfer funds to the
General Obligation Debt Service Fund for the 2013 debt service obligations on the debt
issued for the Perimeter Drive extension (Avery- Muirfield to Post) project and for the debt
issued for the Industrial Parkway /State Route 161 improvements.
Section 7. The public hearing be waived to provide immediate funding authorization for
these projects and programs.
Section 8 . This ordinance shall take effect and be in force in accordance with Section
4.04(a) of the Dublin City Charter.
Passed this,� M day of Llftiv 2013
Mayor - Pre &d g Officer
ATTEST:
K_h.
Clerk of Council
Office of the City Manager
City of Dublin Pho 614 - 410-4400- Fax: - 4490 43017 - 1090
Memo
To: Members of Dublin City Council
From: Marsha I. Grigsby, City Manager''�-� "' -
Date: January 24, 2013
Initiated By: Angel L. Mumma, Deputy City Manager /Director of Finance and Administration
Bryan K. Thurman, Deputy Director of Finance
Re: Ordinance No. 06 -13 - Amending the Annual Appropriations
Ordinance for the Fiscal Year Ending December 31, 2013
Summary
Each year, an ordinance is prepared appropriating funding in various capital project funds and the
unencumbered funds from tree replacement fees. Ordinance 06 -13 provides for these
appropriations.
Section 1 appropriates available tree replacement fees as of December 31, 2013. The funds are
generated from payments in lieu of tree replacement and will be used to plant trees on public
property.
Sections 2 through 6 appropriate funding for the Tax Increment Financing (TIF) Funds identified.
The requests relate to the debt service obligations due on debt issued for the identified projects.
Additional appropriations may be requested throughout the year as public infrastructure
improvements identified in the TIF agreements are initiated.
Recommendation
Staff recommends that Council dispense with the second reading /public hearing and adopt
Ordinance 06 -13 at the January 28, 2013 City Council meeting.
Tree Preservation Account Balance
Calendar Year 2012
Balance Forward
Receipts (101- 0000 - 651.10 -12)
$259,409
Carey Realty Investments (Emerald Town Center - still owe $5,000) $5,000
Master Mtc (still owe $3,000) $1,000
$6,000
Disbursements (101- 1620 - 740.24 -21) see print -out for detail $110,847
Balance at 12/31/12 $154,562
Encumbrances Outstanding ($1,100)
$153,462
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