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Ordinance 57-11RECORD OF ORDINANCES Dayton Legal Blank Inc. Ordinance No. 57-11 Passed 20 AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 2011 WHEREAS, Section 5705.40 of the Ohio Revised Code allows for supplemental appropriations to be made provided sufficient resources are available; and 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 measure in order to provide adequate funding authorization for various funds for related expenditures and for capital projects and capital project funds. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, of the elected members concurring that: Section L There be appropriated from the unappropriated balance in the General Fund the amount of $18,370 to account 101- 1219 - 710 -2398 for the payment of additional real estate taxes due. Section 2 . There be appropriated from the unappropriated balance in the Special Assessment Debt Service Fund the amount of $334.50 to account 320 - 0210 - 810 -2790 for the purpose of transferring the amount remaining in the Special Assessment Debt Service Fund to the General Obligation Debt Service Fund. Section 3. There be appropriated from the unappropriated balance in the 1992 Special Assessment Debt Service Fund the amount of $150 to account 321 - 0210 -790 -2301 for fees charged by Franklin County to collect and distribute payments. Section 4. There be appropriated from the unappropriated balance in the 2001 Special Assessment Debt Service Fund the amount of $50 to account 322 -0210- 790 -2301 for fees charged by Franklin County to collect and distribute payments. Section 5. There be appropriated from the unappropriated balance in the Capital Improvements Tax Fund the amount of $18,050 to account 401 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute real estate tax payments. Section 6 . There be appropriated from the unappropriated balance in the Parkland Acquisition Fund the amount of $24,880. Of the total, $5,700 is to be appropriated to account 402- 0210 -780- 2349 and $19,180 is to be appropriated to account 402 - 0210- 780 -2510 for costs related to the acquisition of land. Section 7 . There be appropriated from the unappropriated balance in the Woemer- Temple TIF Fund the amount of $1,725 to account 412 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 8 . There be appropriated from the unappropriated balance in the Ruscilli TIF Fund the amount of $455,890. Of the total, $5,890 is to be appropriated to account 415- 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments and $450,000 is to be appropriated to account 415- 0314 - 810 -2790 for the purpose of transferring funds to the Delta Energy TIF Fund for costs related to the construction of the Perimeter Drive /Commerce Parkway intersection improvements. Section 9 . There be appropriated from the unappropriated balance in the Pizzuti TIF Fund the amount of $123,060. Of the total, $3,060 is to be appropriated to account 416 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $120,000 to account 416 -0314- 780 -2550 for design costs related to the Frantz Road utility burial project. Section 10 . There be appropriated from the unappropriated balance in the Thomas/Kohler TIF Fund the amount of $582,200. Of the total, $12,200 is to be appropriated to account 419 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments, $280,000 RECORD OF ORDINANCES 57 -11 Ordinance No. Page 2 of 3 Passed 20 to account 419 - 0314 - 780 -2349 for design costs related to the widening of Emerald Parkway from Rings Road to Tuttle Crossing Boulevard and $290,000 to account 419 - 0314 - 780 -2551 for costs related to the burial of utility lines near IGS Energy. Section 11 . There be appropriated from the unappropriated balance in the McKitrick TIF Fund the amount of $143,800. Of the total, $13,800 is to be appropriated to account 421 - 0221 -710 -2301 for fees charged by Franklin County to collect and distribute service payments and $130,000 to account 421- 0314 - 780 -2551 for costs related to watermain improvements associated with the Emerald Parkway - Cardinal Health site. Section 12 . There be appropriated from the unappropriated balance in the Perimeter Center TIF Fund the amount of $42,690. Of the total, $6,480 is to be appropriated to account 425- 0221 -710- 2301 for fees charged by Franklin County to collect and distribute service payments, $11,300 to account 425- 0314 - 780 -2349, $23,710 to account 425- 0314 - 780 -2510 and $1,200 to account 425- 0314- 780 -2551 for design fees, right -of -way acquisition and stormwater improvements related to the Perimeter Drive/Commerce Parkway intersection improvements. Section 13 . There be appropriated from the unappropriated balance in the Rings Road TIF Fund the amount of $4,580 to account 426 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 14 . There be appropriated from the unappropriated balance in the Perimeter West TIF Fund the amount of $22,270 to account 431 -0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 15 . There be appropriated from the unappropriated balance in the Upper Metro Place TIF Fund the amount of $503,550. Of the total, $3,550 is to be appropriated to account 432 -0221 -710- 2301 for fees charged by Franklin County to collect and distribute service payments and $500,000 is to be appropriated to account 432- 0314 - 780 -2349 for costs related to preliminary engineering and environmental assessments related to the I- 270/US33 interchange phase I improvements. Section 16 . There be appropriated from the unappropriated balance in the Rings/Frantz TIF Fund the amount of $6,270 to account 433 - 0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 17 . There be appropriated from the unappropriated balance in the Historic Dublin Parking TIF Fund the amount of $136,560. Of the total, $560 is to be appropriated to account 436 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments and $136,000 is to be appropriated to account 436 - 0314 - 780 -2551 for costs associated with improvements to the Indian Run parking lot in Historic Dublin. Section 18 . There be appropriated from the unappropriated balance in the Emerald Parkway Phase 5 TIF Fund the amount of $385,680. Of the total, $276,780 is to be appropriated to account 440- 0314 -780 -2349 to reimburse the General Fund for plan review fees related to the Emerald Parkway Phase 5 project and $108,900 to account 440 - 0314 - 780 -2551 to reimburse the General Fund for costs related to tree replacement. Section 19. There be appropriated from the unappropriated balance in the Emerald Parkway Phase 8 TIF Fund the amount of $295,000. Of the total, $290,000 is to be appropriated to account 441- 0314- 780 -2349 for the acquisition of land for the future construction of the Emerald Parkway Phase 8 roadway project and $5,000 to account 441 - 0314 - 780 -2551 for the Permit to Install for the sewer line that will be installed as part of the Emerald Parkway Phase 8 roadway project. Section 20 . There be appropriated from the unappropriated balance in the Perimeter Loop TIF Fund the amount of $490 to account 442 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 21 . There be appropriated from the unappropriated balance in the Tartan West TIF Fund the amount of $226,600. Of the total, $21,900 is to be appropriated to account 443- 0314 -780- 2349 for design fees related to the Hyland Croy and Brand Road intersection improvements project RECORD OF ORDINANCES Dayton Legal Blank. Inc. Ordinance No. 57 -11 Page 3 of 3 Passed 20 and $204,700 is to be appropriated to account 443 -0314- 780 -2550 for ROW acquisition and permit fees related to the construction of the intersection improvements. Section 22 . There be appropriated from the unappropriated balance in the Shamrock Boulevard TIF Fund the amount of $400 to account 444- 0221 -710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 23 . There be appropriated from the unappropriated balance in the River Ridge TIF Fund the amount of $3,390 to be appropriated to account 446 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 24 . There be appropriated from the unappropriated balance in the Lifetime Fitness TIF Fund the amount of $1,850 to account 447 - 0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 25. There be appropriated from the unappropriated balance in the Irelan Place TIF Fund the amount of $110 to account 449- 0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 26. There be appropriated from the unappropriated balance in the Shier Rings Road TIF the amount of $160 to account 450- 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 27 . There be appropriated from the unappropriated balance in the Shamrock Crossing TIF Fund the amount of $740 to account 451- 0221 -710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 28 . There be appropriated from the un- appropriated balance in the Bridge and High TIF Fund the amount of $460 to account 452- 0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 29 . There be appropriated from the unappropriated balance in the Dublin Methodist Hospital TIF Fund the amount of $12,400 to account 453- 0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 30 . There be appropriated from the unappropriated balance in the Kroger Centre TIF Fund the amount of $388,255. Ofthe total, $2,580 is to be appropriated to account 454 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments and $385,675 is to be appropriated to account 454- 0314- 810 -2790 for the purpose of transferring funds to the Emerald Parkway Phase 5 TIF Fund to pay for engineering inspection and tree replacement costs related to the construction of Emerald Parkway Phase 5. Section 31 . There be appropriated from the unappropriated balance in the Delta Energy TIF Fund the amount of $1,200,000 to account 456- 0314 - 780 -2551 for costs related to the construction of the Perimeter Drive/Commerce Parkway intersection improvements. Section 32 . This Ordinance shall take effect and be in force in accordance with Section 4.04(a) of the Dublin City Charter. Passed this ,�x'TI " day of C 1 hj , 2011. &V MOAFE Puy MUM • 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 - 4104490 To: Members of Dublin City Council From: Marsha I. Grigsby, City Manager \N� Date: October 6, 2011 Initiated By: Bryan K. Thurman, Deputy Director of Finance Memo Re: Ordinance No. 57 -11 -Amending the Annual Appropriations for Fiscal Year Ending December 31, 2011. Summary Ordinance No. 57 -11 provides additional funding authorization to various accounts primarily for capital projects. The majority of the requests relate to funds that have been established for Tax Increment Financing (TIF) districts and the projects that are supported by the service payments generated from the private improvements in the TIF districts. The projects have been approved as part of the City's Capital Improvements Program (CIP) process and legislation that has authorized the execution of construction contracts and the acquisition of rights -of -way. Section 1 provides funding authorization for additional real estate taxes due on non - exempt property owned by the City because of additional land acquisition requiring the payment of real estate taxes. Property acquired by the City is reviewed and, where applicable, exemptions are filed on the property. Real estate tax exemptions are not eligible for partial years of ownership. Section 2 provides funding authorization to transfer the funds remaining in the Special Assessment Debt Service Fund to the General Obligation Debt Service Fund. The Special Assessment Debt Service Fund was established in the 1970s. The Fund has been utilized to account for the revenues and expenditures related to the debt issued for projects where a special assessment was levied against the benefiting property owners. Due to the method of how debt retirement schedules were established at the time, level principal payments versus level payments, sufficient special assessment revenue was not generated in the early years of the debt and the Special Assessment Fund was subsidized by the General Fund. This has resulted in the debt being retired with a balance remaining in the Special Assessment Debt Service Fund. Any additional special assessment revenues received will be minimal and also will be transferred to the General Obligation Debt Service Fund. Sections 3 through 5 are for funding authorization requests for the 1992 and 2001 Special Assessment Debt Funds and the Capital Improvement Tax Fund for fees that were deducted by the Franklin County Auditor for costs associated with the collection of special assessment and real estate tax payments. The fees are required to be recorded as expenditures, and as a result require that funding be appropriated. Memo re. Ord. 57 -11- Amending Annual Appropriations for FYE 12 -31 -11 October 6, 2011 Page 2 of 2 Section 6 provides funding authorization for additional costs related to the acquisition of land for the Dublin Road water tower and property located on Hard Road. In July 2011, the City closed parcel number 600 - 432 -29- 005 -001 on Dublin Road as the site for the future Dublin Road water tower. The parcel was acquired from the Muirfield Village Golf Club as authorized by City Council in Ordinance 12 -11. The property contains 3.824 acres, of which 1.467 acres is intended for the water tower, and the remaining 2.357 acres intended as green space. The percentage of expenditures charged back to the Parkland Acquisition Fund and the Water Fund were based on the area of the parcel used for each use. Of the total, 38% was charged to the Water Fund and 62% was charged to the Parkland Acquisition Fund. The City closed on the Hard Road property in February 2011. As a condition of the Kroger Centre development text, the Sawmill Partners Investment Company was required to construct certain improvements to the intersection of Sawmill Road and Hard Road or reimburse the City for the estimated cost of the improvements. In lieu of the cash contribution to the improvements at the intersection, the City agreed to acquire 7.2 acres of land located on Hard Road. The City paid Sawmill Partners the difference between the appraised value of the land and the estimated cost of the future Sawmill Road and Hard Road intersection improvements. The land acquired along Hard Road abuts Thaddeus Kosciuszko Park and is the home to the "old oak tree." Sections 7 through 31 are for funding authorization requests related to the City's various TIF Funds. For each TIF Fund in which service payments were received in 2011, fees were deducted by the Franklin County Auditor for costs associated with the collection and distribution of service payments. The fees are required to be recorded as expenditures and, as a result, require that funding be appropriated. Other noteworthy items are as follows. Section 8 provides funding authorization for the purpose of transferring funds from the Ruscilli TIF Fund to the Delta Energy TIF Fund for costs related to the construction of the Perimeter Drive /Commerce Parkway intersection improvements. Based on estimated revenues from service payments, sufficient funding from the Delta Energy TIF will be available to repay the General Fund advance of 750,000. The Perimeter Drive /Commerce Parkway improvements were identified in the Ruscilli TIF, and funding authorization is requested to transfer funds to the Delta Energy TIF Fund to cover additional costs needed to complete the intersection improvements. Sections 9 and 10 provide funding authorization for the burial of utility lines near IGS Energy and along Frantz Road. Section 17 provides funding authorization for the completion of additional improvements to the Indian Run parking lot approved by Council. Recommendation Staff recommends Ordinance No. 57 -11 be passed at the second reading/public hearing on October 24th.