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HomeMy WebLinkAbout91-98 OrdinanceRECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 Ordinance No. 91-98- Passed----- ----- - ------ ---- -19-- ---- AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 1998 ~" WHEREAS, Section 5705.40 of the Ohio Revised Code allows for supplemental appropriations to be made to an appropriations measure provided sufficient resources are available; and WHEREAS, Ordinance No. 65-93 provides for cooperation with the State of Ohio on the acquisition ofright-of--way on the State Route 161, Dale to Sawmill, project; and WHEREAS, it is necessary to amend the annual appropriations measure to provide funding for the right-of--way acquisition costs related to this project. NOW, TH FORE, BE IT ORDAINED, by the Council of the City of Dublin, State of Ohio, of the elected members concurring that: Section 1. There be appropriation from the unappropriated balance in the General Fund the amount $2,514,000 to account 01-02-15-2721 for the purpose of transferring funds to the Transportation Improvement Fund. Section 2. There be appropriated from the unappropriated balance in the Transportation Improvement Fund the amount of $2,514,000 to account 49-03-14-2510 for the purpose of acquiring right-of--way for the State Route 161, Dale to Sawmill project. Section 3. The public hearing be waived to provide funding immediately to allow the State of Ohio to begin the acquisition ofright-of--way as soon as possible. Section 4. 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 , 1998 ~~, ~' - Presiding ATTEST: fficer Clerk of Council 1 he~n,!:v ~~•+~fv that so~ies of tfiis Ordnance/-ResekrtieR Nero posted in the ca of Dvbl~n •n accordance wjtb Section 731.25 of the Ohio Revised lode. __ ~~ CI ,rk ourtcii, Du t n, Ohio Office of the City Manager 5200 Emerald Parkway • Dublin, Ohio 43017-1006 Phone: 614-761-6500 • Fax: 614-889-0740 To: Members of Dublin City Council From: Timothy C. Hansley, City Manager Date: August 6, 1998 Memo Re: Ordinance No. 91-98, An Ordinance Amending The Annual Appropriations Initiated By: Marsha I. Grigsby ~`~~ As discussed at the July 1, 1998 CIP workshop, right-of--way (R-O-W) acquisition costs for the State Route 161, Dale to Sawmill project, have significantly increased based on the Ohio Department of Transportation's revised estimates. The revised project cost for r-o-w is $3,644,000. $880,000 of the total r-o-w costs will be paid for with federal funds with the remaining $2,764,000 being funded by the City. $250,000 was previously appropriated for the acquisition of r-o-w and Ordinance No. 91-98 is requesting the remaining $2,514,000 be appropriated. We are still working out the details with the Ohio Department of Transportation on the transfer of funds between the City and the State. The State will be requiring that we make a transfer of $1,000,000 to a project account prior to them commencing acquisition. We are pursuing the issue of interest earnings on this account similar to the arrangement established for the Post Road widening project. If you have any questions, please do not hesitate to contact us. MIG/mc