HomeMy WebLinkAbout63-00 Ordinance RECORD OF ORDINANCES
Da on Le al Blank Co. Form o. 0043
63-00
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 for a refined market study and an economic feasibility analysis for the
proposed golf course development.
NOW, THEREFORE, BE 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 General
Fund the amount of $20,000 to account 101-0120-710-2349 for the above referenced
professional services.
Section 2. The public hearing be waived to provide immediate funding for the above
projects and events
Section 3. This Ordinance shall take effect and be in force in accordance with
Section 4.04(a) of the Dublin City Charter.
Passed t ' day of , 2000.
Mayor -Presiding Officer
ATTEST:
"S~z~A~
Clerk of Council
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{ity of Dc~bl:n in ac,;or+Jnnce w`th Ser_tien 731.25 of the iji-yio Revissd Cods.
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Q',pi,~, flo of Counti{, Dublin, Ohio
Office of the City Manager
5200 Emerald Parkway, Dublin, Ohio 43017-1006
Phone: 614-761-6500 ,Fax: 614-889-0740
CITY OF DUBLIN Memo
To: Members of Dublin City Council
From: Timothy C. Hansley, City Manager
err Subject: Ordinance No. 63-00, An Ordinance Amending The Annual Appropriations Ordinance
Date: April 13, 2000
Initiated by: Marsha I. Grigsby, Director of Finance~~'
At the April 3, 2000 City Council meeting, a motion was passed authorizing the staff to have an
economic development feasibility analysis completed to determine the financial viability of the
proposed golf course.
On April 5, 2000, several staff members met with representatives from KPMG's Golf Industry
Practice group to discuss expectations of an economic feasibility analysis. Based on discussions and
the assumption the City may now issue debt for the development of the proposed golf course, KPMG
has recommended that our market analysis also be refined.
The March 30, 2000 memo distributed to City Council stated the estimated cost of the economic
feasibility was $10,000. After our meeting with KPMG and our discussions as to what we wanted
the study to accomplish, the proposed fee for the services is $20,000.
If you have any questions, please contact Marsha.
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