HomeMy WebLinkAbout157-00 Ordinance RECORD OF ORDINANCES
Dayt^^ Legal Blank Co Form No. 30043
157-00
Ordinance No Passed
An Ordinance Amending The Annual Appropriations Ordinance For The
Fiscal Year Ending December 31, 2000
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, the Ohio Revised Code requires, when necessary, amendments to
the annual appropriations measure to be made in order that appropriations are not
over expended; and
WHEREAS, it is necessary to amend the annual appropriations measure to
provide funding in certain budget accounts.
NOW, THEREFORE, BE IT ORDAINED, by the Council of the City of
Dublin, State of Ohio, of the elected member concurring that:
Section 1. There be appropriated from the unappropriated balance in the
Community Center Construction Fund the amount of $15,374.91 to account 411-
0314-780-2520 for equipment and furniture for Phase 2.
Section 2. There be appropriated from the unappropriated balance in the
Applied Innovation TIF Fund the amount of $2,169.21 to account 417-0314-780-
2510 for final landscaping improvements.
Section 3. There be appropriated from the unappropriated balance in the
Thomas/Kohler TIF Fund the amount of $1,688,440.70. Of the total, $8,319.70 is
to be appropriated to account 419-0314-780-2510 for landscaping costs,
$1,612,871.00 to account 419-0314-780-2551 for project construction costs, and
$67,250.00 to account 419-0314-810-2790 for the purpose of transferring funds to
the General Obligation Debt Service Fund.
Section 4. There be appropriated from the unappropriated balance in the
McKitrick TIF Fund the amount of $8,840.00 to account 421-0314-780-2510 for
water tap fees and $229,032.95 to account 421-0314-810-2790 for the purpose of
transferring funds to the General Fund and the General Obligation Debt Service
Fund.
Section 5. There be advanced from the General Fund the amount of
$85,000.00 to the Rings Road TIF Fund for the purpose of paying interest due on
the notes issued to finance the construction project. This advance is to be
reimbursed to the General Fund from future service payments generated by the
TIF district.
Section 6. There be appropriated from the unappropriated balance in the
Rings Road TIF Fund the amount of $60,927.00 to account 426-0314-780-2550
for project construction costs and the amount of $85,000.00 to account 426-0314-
, 810-2790 for the purpose of transferring funds to the General Obligation Debt
Service Fund.
Section 7. There be appropriated from the unappropriated balance in the
Avery-Muirfield Interchange Improvements Fund the amount of $23,559.12 to
account 429-0314-780-2349 for engineering testing services and $26,750.96 to
account 429-0314-780-2551 for project construction costs.
Section 8. There be appropriated from the unappropriated balance in the
Emerald Parkway Overpass Fund the amount of $218,562.00 to account 430-
0314-810-2790 for the purpose of transferring funds to the General Obligation
Debt Service Fund.
RECORD OF ORDINANCES
_ Dayton Legal Btanlc Co. Form No 0043
157-00 (Continued)
Ordinance No Passed
Section 9. There be advanced from the General Fund the amount of
$134,500.00 to the Perimeter West TIF Fund for the purpose of paying interest
due on the notes issued to finance the construction project. This advance is to be
reimbursed to the General Fund from future service payments generated by the
TIF district.
Section 10. There be appropriated from the unappropriated balance in the
Perimeter West TIF Fund the amount of $512,859.53. Of the total, $197,337.54
is to be appropriated to account 431-0314-780-2349 for design, $5,000.00 to
account 431-0314-780-2510 for right-of-way acquisition, $76,021.99 to account
431-0314-780-2551 for the relocation of utility lines, and $234,500.00 to account
431-0314-810-2790 for the purpose of transferring funds to the General
Obligation Debt Service Fund.
Section 11. There be appropriated from the unappropriated balance in the
Upper Metro Place TIF the amount of $19,833.73 to account 432-0314-780-2551
for reimbursement payments made to Capital Square, Ltd.
Section 12. There be appropriated from the unappropriated balance in the Arts
Facility Renovation Fund the amount of $84,750.00 to account 434-0314-780-
2349 for design services.
Section 13. There be appropriated from the unappropriated balance in the
Merchandising Fund the amount of $3,000.00 to account 630-0113-710-2420 to
purchase merchandise for resale.
Section 14. There be appropriated from the unappropriated balance in the
Agency Fund the amount of $250,000.00 to various accounts for payments to
individuals and entities for which the City has received revenue as an agent.
Section 15. This Ordinance shall take effect and be in force in accordance with
Section 4.04 (a) of the Dublin City Charter.
Passed this J~ day of -,~.J~~' , 2000. ,
Mayor -Presiding Officer
ATTEST:
r~ Clerk of Council
P:\PER\PRINDK\2000\108-ORD 157.doc 1 hereby certify that conies of this Ordinance%Resolution were posted in th'I~
City of Dublin in accordance w~t~ Seci~on 731.21 of the Ohio Revised Code.
CI of Council, Dublin. Ohio
Office of the City Manager
5200 Emerald Parkway, Dublin, Ohio 43017-1006
Phone: 614-761-6500 ,Fax: 614-889-0740
1Vlemo
CITY OF DUBLIN
To: Members of Dublin City Council
From: Timothy C. Hansley, City Manager,
Subject: Ordinance No. 157-00, An Ordinance Amending The Annual Appropriations
December 6, 2000
Initiated by: Marsha I. Grigsby, Director of Finance
Ordinance No. 157-00 requests additional appropriations for various accounts to ensure legal
compliance with the Ohio Revised Code when the accounting records are closed at year-end. This
Ordinance, for the most part, is for Capital Projects Funds.
Sections 1 and 2 provide additional appropriations for the Community Center Construction Fund and
the Applied Innovation TIF Fund for the purposes identified. Both construction projects are finished.
The Community Center Construction Fund will be closed and the Applied Innovation TIF Fund will
be active through 2001 when the final service payments will be received.
Section 3 requests funding for costs related to the Emerald Parkway-Shier Rings Road to Innovation
Drive project. The funding appropriated for construction costs is for the relocation of American
Electric Power's substation. The funding was originally appropriated in 1999; however, the funds
were not encumbered until early 2000. The transfer to the Debt Service Fund is to pay the interest
costs on the short-term notes that mature on December 15. The project costs will be reimbursed from
service payments from the TIF district.
Section 4 requests funding for the Emerald Parkway -Phase 1 and 2 projects. The service payments
received in 2000 exceeded the amount of the 2000 debt service obligation and allowed additional
transfers to be made to reimburse the General Fund and the Debt Service Fund for previous project
expenditures.
Section 5 and 6 provide funds and funding authorization for the Rings Road Improvements project.
The transfer to the Debt Service Fund is to pay the interest costs on the short-term notes that mature
on December 15. The funds advanced from the General Fund will eventually be reimbursed from
service payments generated by the TIF district.
Section 7 provides additional funding authorization needed for the Avery-Muirfield Interchange
Improvement project.
Section 8 appropriates funds to transfer to the Debt Service Fund to pay the interest costs on the
short-term notes that mature on December 15.
Sections 9 and 10 provide funds and funding authorization for the Perimeter Drive extension project.
The transfer to the Debt Service Fund is to pay the interest costs and $100,000 of the principal on
the short-term notes that mature on December 15. The remainder of the appropriations are direct
project costs. The funds advanced from the General Fund will eventually be reimbursed from
service payments generated by the TIF district.
. ,
Memorandum
December 6, 2000
Page Two
Section 11 appropriates funds to make payment to Capital Square, Ltd., in the amount of the service
payments received for the year. Capital Square paid for the public infrastructure improvements
associated with the Cooker, Embassy Suites, Lees Inn, and Upper Metro Place TIF districts and will
be reimbursed overtime from service payments generated by the TIF districts.
Section 12 appropriates funds for the design of the "Gelpi Mansion" renovations.
Section 13 requests additional funding authorization for the purchase of merchandise for resale.
Section 14 appropriates funds for various accounts where the City acts as an agent for other
individuals and/or entities.
If you need any additional information, please do not hesitate to contact Marsha.
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