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Ordinance 07-11RECORD OF ORDINANCES 07 -11 Ordinance No. Passed 1 20 AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 2011 WHEREAS, the Ohio Revised Code requires, when necessary, amendments to the annual appropriations ordinance be made in order that appropriations are not over expended;and WHEREAS, it is necessary to amend the annual appropriations ordinance to provide funding authorization in certain budget accounts; 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 each year it is necessary to appropriate unencumbered balances in various funds to authorize those funds for project - related expenditures. NOW, THE , 4EFORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, I of the elected members concurring, that: Section 1 . There be appropriated from the unappropriated balance in the General Fund the amount of $172,367 to account 101 - 1620 - 740 -2421 for the purpose of reforestation. Section 2 . There be appropriated from the unappropriated balance in the Woemer- Temple TIF Fund the amount of $451,100 to account 412 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2011 debt service obligations on the debt issued for the Woerner- Temple Road project. Section 3 . There be appropriated from the unappropriated balance in the Thomas/Kohler TIF Fund the amount of $160,100 to account 419 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2011 debt service obligations on the debt issued for the Emerald Parkway Phase 7A (Shier Rings to Innovation) project. Section 4 . There be appropriated from the unappropriated balance in the McKitrick TIF Fund the amount of $651,900 to account 421- 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2011 debt service obligations due on the debt issued for Emerald Parkway Phase 2. Section 5. There be appropriated from the unappropriated balance in the Rings Road TIF Fund the amount of $277,500 to account 426 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2011 debt service obligations on the debt issued for the Rings Road widening project. Section 6 . There be appropriated from the unappropriated balance in the Perimeter West TIF Fund the amount of $982,500 to account 431- 0314 -810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2011 debt service obligations on the debt issued for the Perimeter Drive extension (Avery- Muirfield to Post) project and for the debt issued for the Industrial Parkway /State Route 161 improvements. Section 7. There be appropriated from the unappropriated balance in the Tartan West TIF Fund the amount of $48,553 to account 443 -0314- 780 -2349 for costs related to design work on the Hyland-Croy/Brand Road roundabout. Section 8 . There be appropriated from the unappropriated balance in the Bridge and High Street TIF Fund the amount of $208,383 to account 452- 0314 - 780 -2510 for costs RECORD OF ORDINANCES 07 -11 Page 2 of 2 Ordinance No. Passed 20 related to the completion of the BriHi Square development, including utility burial along High Street. Section 9. There be appropriated from the unappropriated balance in the COIC Improvement Fund the amount of $23,116. Of the total, $306 is to be appropriated to account 448 - 0314 - 780 -2349 and $22,810 is to be appropriated to account 448 -0314- 780 -2510 for additional work related to the completion of the State Route 161 /Industrial Parkway roadway improvements. Section 10. The public hearing be waived to provide immediate fimding authorization for these projects and programs. 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 day of 011 Mayor - Pr id ng Officer ATTEST: Clerk of Council CITY OF DUBLIN- Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017 -1090 Phone: 614 - 410 -4400 • Fax: 614 -410 -4490 To: Members of Dublin City Council From: Marsha I. Grigsby, City Manager Date: January 19, 2011 Initiated By: Bryan K. Thurman, Deputy Director of Finance Memo Re: Ordinance No. 07 -11- Amending the Annual Appropriations for Fiscal Year Ending December 31, 2011 Summary Each year, an ordinance is prepared appropriating funding in various capital project funds and the unencumbered funds from tree replacement fees. Ordinance No. 07 -11 provides for these appropriations. Section 1 appropriates available tree replacement fees as of December 31, 2010. The funds are generated from payments in lieu of tree replacement and will be used to plant trees on public property. Sections 2 through 8 appropriate funding for the Tax Increment Financing (TIF) Funds identified. The majority of the requests relate to the debt service obligations due on debt issued for the identified projects. Additional appropriations may be requested throughout the year as public infrastructure improvements identified in the TIF agreements are initiated. Section 7 provides supplemental appropriations for additional design work needed to complete the construction of the Hyland- Croy /Brand Road roundabout. The original scope of services was based on project limits developed by the 2006 Intersection Feasibility Study that showed a project length of approximately 2,850 linear feet. The current project length is 3,670 linear feet — a 29% increase. Construction is programmed in 2011. Section 8 provides additional appropriations for the completion of the BriHi Square development. The additional costs are related to utility work, the City's portion of the basement pump room and the completion of the decorative railing along the water walls. Section 9 provides additional appropriations for costs associated with the Central Ohio Innovation Center (COIC) Industrial Parkway /State Route 161 roadway improvements. These costs are related to the need for an additional layer of mulching on the seeded areas of the project; the installation of four steel bollards around the gas meter in the Goodyear parking lot; and the installation of excelsior matting on the slopes around the water tower. Recommendation Staff recommends that Council dispense with the second reading/public hearing and adopt Ordinance No. 07 -11 at the January 24, 2011 City Council meeting.