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HomeMy WebLinkAbout07-00 Ordinance RECORD OF ORDINANCES ~. o~-oo Ordinance No ................................................................... Passed .................................................................., ....................... YEAR An Ordinance Amending The Annual Appropriations Ordinance For The Fiscal Year Ending December 31, 2000 WHEREAS, the Ohio Revised Code requires when necessary, amendments to the annual appropriations to be made in order that appropriations are not over expended; 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 year it is necessary to appropriate the unencumbered balances in various capital project funds to authorize those funds for project related expenditures. NOW, THEREFORE, B IT ORDAINED, by the Council of the City of Dublin, State of Ohio, of the elected members concurring that: Section 1. There be appropriated from the unappropriated balance in the Community Recreation Center Construction Fund the amount of $146,524.22 to account 411-0314-780-2530 for construction costs related to the building expansion project. Section 2. There be appropriated from the unappropirated balance in the Woerner-Temple TIF Fund, previously identified as the Southwest Area Improvements Fund, the amount of $160,637.88 to account 412-0314-780-2551 for construction of Woerner-Temple from Rings Road to Avery Road. Section 3. There be appropriated from the unappropriated balance in the Frantz Road Improvements Fund the amount of $60,437.65 to account 414-0314-780- 2550 for finalization of the Frantz Road/S.R. 161 intersection improvements project. Section 4. There be appropriated from the unappropriated balance in the Transportation Improvements Fund the amount of $2,622,282.43 to account 418- 0314-780-2551 for the City's share of the construction costs related to the S.R. 161 -Dale to Sawmill improvements program. Section 5. There be appropriated from the unappropriated balance in the Metatec TIF Fund the amount of $80,290.00 to account 420-0314-810-2790 for the purpose of transferring funds to the General Obligation Debt Service Fund. Section 6. There be appropriated from the unappropriated balance in the McKitrick TIF Fund the amount of $286,876.69 to 421-0314-810-2790 for the purpose of transferring the remaining unencumbered fund balance to the General Fund for project costs initially paid for by the General Fund and the amount of $712,012.00 to the same account for the purpose of transferring service payments received in 2000 to the General Obligation Debt Service Fund. Section 7. There be appropriated from the unappropriated balance in the Duke TIF Fund the amount of $170,282.50 to account 424-0314-780-2790 for the purpose of transferring funds to the General Obligation Debt Service Fund. Section 8. There be appropriated from the unappropriated balance in the Perimeter Center TIF Fund the amount of $37,131.45 to account 425-0314-780- 2510 to finalize the Emerald Parkway extension project from Post Road to Perimeter Drive. Section 9. There be appropriated from the unappropriated balance in the Rings Road TIF Fund the amount of $105,504.00 to account 426-0314-780-2550 for the construction costs related to the Rings Road widening project. RECORD OF ORDINANCES Dayton Legai Blank Co. Form No. 30043 07-00 (Continued) Ordinance No.--- ----- ---- ------ Passed- - - -- ----- - -- --- 19.-_ - Section 10. There be appropriated from the unappropriated balance in the Scioto Bridge Construction Fund the amount of $1,134,328.23 to account 427-0314-780- 2551 for construction of the Emerald Parkway Bridge over the Scioto River. Section 11. There be appropriated from the unappropriated balance in the Radio System Improvements Fund the amount of $176,453.08 to account 428-0314-780- 2520 for completion of the radio system improvements project. Section 12. This Ordinance shall take effect and be in force in accordance with Section 4.04(a) of the Dublin City Charter. Passed this ~~`1 day of 4~bY~,t ~ , 2000. ~~ ATTEST: ~ivsn~ ~~ Clerk of Council 1 hereby certify thnt copses of th+s Gtr~l'nnace/i'es4Cution were posted in the T:~ooo~oo6-oxD-o~-oo.ao~ City of ~uhE~n in accordance w;t'.3 Sect;en 731.25 0€ t"1a ~"l;o Revised lode, ~~; C1er f Cosnci~, t?,rblin, Ohio v 1vlayor - rres>amg ~iricer CITY OF DUBLIN 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: January 14, 2000 Memo Subject: Ordinance No. 07-00, Amending The Annual Appropriations Ordinance For Capital Projects Initiated by: Marsha I. Grigsby, Director of Finance `cr~-- Ordinance No. 07-00 is needed to appropriate the unencumbered fund balances as of December 31, 1999 for the specified capital project 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. The capital project funds were established as required by the Ohio Revised Code. As of December 31, 1999, funds remained unencumbered as a result of interest income earned, projects that had contracts yet to be amended, and unused contingencies. Sections 4 through 7 also include appropriations for estimated revenues that will be received in 2000. The estimated revenues are the result of transfers from the General Fund and service payments from tax increment financing districts. .~ rrW Once these capital projects are completed, any remaining funds will be utilized to retire any debt obligations associated with the project by transferring the funds to the General Obligation Debt Service Fund and/or repay any advance that have been made from the General Fund. If you have any questions or need any additional information, please contact Marsha. T:\2000\007-ORD-07-00 memo.doc