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018-99 Ordinance RECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 18-99 (Continued) Ordinance No.------- Passed------------------------------- -----------------19------- Section 10. There be appropriated from the unappropriated balane in the Scioto Bridge Construction Fund the amount of $825,784.08 to account 427-0314-780-2551 ~ for construction of the Scioto Bridge. Section 11. This Ordinance shall take effect and be in force in accordance with Section 4.04 (a) of the Dublin City Charter. Passed this ~L-L- day of ~vL a ,V'im' L,~, 1999. Mayor -Presiding Officer ATTEST• Clerk of Council i T:\PER\DKP\99\ 118-9-MG. WPD I I hereby certify that copies of this Ordinance/Resolution were posted in the City of Dublin in acrordan~e wah Section 731.25 of the Ohio Revised fade. ~5~, C of Council, Ouhlin. Ohio i i i i ~s ~ i it I I Office of the City Manager 5200 Emerald Parkway • Dublin, Ohio 43017-1006 Phone: 614-761-6500 • Fax: 614-889-0740 CITY OF DUBLIN ~I ~ ~ ~ O To: Members of Dublin City Council From: Timothy C. Hansley, City Manager i Date: February 9, 1999 Re: Ordinance No. 18-99, Amending the Annual Appropriations Ordinance Initiated by: Marsha I. Grigsby, Director of Finance `c~.. As the Ordinance states, the legislation is needed to appropriate the unencumbered fund balances as of December 31, 1998 for the specified funds. This is necessary because under Ohio law unencumbered appropriations lapse at year-end. In order for the funds to be used for their intended purpose, they need to be reappropriated. These capital project funds were established as required by the Ohio Revised Code. As of December 31, 1998 funds remained unencumbered as a result of interest income earned, projects that had contracts yet to be amended, and unused contingencies. We have also included appropriations for estimated revenues that will be received in 1999 for the Community Recreation Center Construction Fund, the Southwest Area Improvements Fund, the Frantz Road Improvements Fund, and the Public Works Commission Fund. The estimated revenue includes transfers from the General Fund, interest income and grant funding to be received. Once these projects are completed, any remaining funds will be utilized to retire any debt obligations associated with the project by transfemng the funds to the General Debt Service Fund or repay a portion of any advances that have been made from the General Fund. If you have any questions or need additional information, please let us know. T:\PER\DKP\99\120-9-MG. WPD