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HomeMy WebLinkAbout19-95 Ordinance AMENDED RECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 19-95 (AMENDED) Ordinance No._ Passed ______ __u_______m_______ _____________19______ AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 1995 AND DECLARING AN EMERGENCY WHEREAS, the Ohio Revised Code requires, when necessary, amendments to the annual appropriations ordinance be made in order that appropriations are not over expended. NOW, mEljFORE, BE IT ORDAINED, by the Council of the City of Dublin, State of Ohio, elected members concurring: Section 1. That there be appropriated from the unappropriated balance in the General Fund the amount of $1,353,000. $1,350,000 is to be appropriated to account 01-02-15- 2724 for the purpose of transferring funds to the Community Center Construction Fund and $3,000 to account 01-06-11-2410 for office supplies under Lands and Buildings. Section 2, That there be appropriated from the unappropriated balance in the Parks and Recreation Fund the amount of $153,601.32 to account 13-07-10-2710 for the purpose of transferring those funds to the Swimming Pool Fund, Section 3. That there be appropriated from the unappropriated balance in the Street Maintenance and Repair Fund the amount of $5,000 to account 10-06-10-2910 for refunds. Section 4. That there be appropriated from the unappropriated balance in the Transportation Fund the amount of $168,558,82 to account 49-03-14-2551 for design of the S.R. 161 (Dale to Sawmill) improvements, Section 5. That there be appropriated from the unappropriated balance in the Public Works Commission Fund the amount of $87,931.35 to account 53-03-14-2551 for final construction payments relating to the Coffman Road bridge replacement project. Section 6. That there be appropriated from the unappropriated balance in the Duke Realty Investment TIP Fund the amount of $7,188.15 to account 55-03-14-2551 for related construction costs. Section 7. That this ordinance be, and the same hereby is, declared to be an emergency measure for the preservation of public peace, health or welfare of the residents of this City, and therefore this ordinance shall take effect and be in force immediately upon its passage. Passed this :< 0 -It.-. day of m ~ , 1995. gu~/1 M yor - Presiding Officer ATTEST: ~a~ Clerk of Council I hereby certify thai copies of tHs Ord:ncr:cd.Re!8h:lti91l w~re po.sled in the City of Dublin in accordance w'I~~ Sedlon 731.25 of the 1)1"0 ReVIsed Codll. ~C!-~ -- Clerk of Council. Dublin, O~il} MEMORANDUM TO: Members of Dublin City Council FROM: Timothy C. Hansley, City Manager SUBJECT: Amendments to Annual Appropriations Ordinance DATE: March 16, 1995 INITIATED BY: Marsha I. Grigsby, Director of Finance \,~\ The following information provides an explanation of the request for the additional appropriations in Ordinance 19-95. Section 1 requests $1,350,000 to be appropriated for the subsequent transfer to the Community Recreation Center Construction Fund. In our capital improvements budgeting we have allocated $2,000,000 in cash reserves for constructing and equipping the facility. At this time, we need to transfer $1,350,000 of the $2,000,000 in order to certify that funds are available for the construction contract. We will be requesting a transfer of the remaining allocated funds at a later date. Section 1 also requests $3,000 be appropriated for office supplies in the Lands and Buildings account. This request was omitted from the original budget request. The 1995 Operating Budget established a Swimming Pool Fund. We estimated this fund would have a beginning balance of $50,000 from accumulated revenues in excess of expenditures. We intentionally estimated low so that we would not overstate available resources. We recently completed our review of the activity at the swimming pool from 1988 through 1994 and determined that revenues over that period of time were $1,304,497.14 and expenditures were $1,150,895.82, or an excess of $153,601.32 in revenues. Section 2 requests the $153,601.32 be appropriated in the Parks and Recreation Fund in order to transfer those funds to the newly established Swimming Pool Fund. Section 3 provides funding for refunds as a result of overpayments received for signs produced by the Division of Maintenance. Section 4 appropriates unencumbered funds to be available for the continued design of the S,R. 161 Improvement project. Memorandum March 16, 1995 Page Two Section 5 appropriates the unencumbered funds at the end of 1994 as well as the final payment of $47,290.76 received from the Ohio Public Works Commission (OPWC) for the Coffman Road bridge replacement project. Total funds received from the OPWC for the pr oject were $1,135,853. The total project cost was $1,789,599 and final payment will be made after these funds are appropriated. Section 6 appropriates the unencumbered funds as of the end of 1994, Near the end of the project, we will be requesting an additional amendment for the interest income earned during 1995. Please let me know if you have any questions, 040:95