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Ordinance 68-12RECORD OF ORDINANCES Blank. Inc. Ordinance No. 68 -12 Passed 20_ AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS FOR FISCAL YEAR ENDING DECEMBER 31, 2012 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 in certain budget accounts. NOW, TH ORE, 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 Debt Service Fund the amount of $3,786,800 to account 310 - 0210- 790 -2612 for the payoff of the State Infrastructure Bank loan on the Avery- Muirfleld Interchange from bond proceeds. Section 2. There be appropriated from the unappropriated balance in the Special Assessment Debt Service Fund the amount of $1,517.90 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 Capital Improvements Tax Fund the amount of $809 to account 401 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute payments. Section 4 . There be appropriated from the unappropriated balance in the Parkland Acquisition Fund the amount of $1,594,810. Of the total, $210 is to be appropriated to account 402 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute payments, $17,600 is to be appropriated to account 402 - 0210 - 780 -2349 for professional services related to parkland acquisition, and $1,577,000 is to be appropriated to account 402 - 0210- 780 -2510 for the purchase of the Matthews and Wallace properties. Section 5. There be appropriated from the unappropriated balance in the Woerner- Temple TIF Fund the amount of $2,535 to account 412 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 6. There be appropriated from the unappropriated balance in the Ruscilli TIF Fund the amount of $46,715. Of the total, $6,715 is to be appropriated to account 415 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $40,000 is to be appropriated to account 415 - 0314 - 810 -2790 for the purpose to transferring funds to the Delta Energy TIF Fund for costs related to the construction of the Perimeter Drive /Commerce Parkway intersection improvements. Section 7. There be appropriated from the unappropriated balance in the Pizzuti TIF Fund the amount of $11,809. Of the total, $3,000 is to be appropriated to account 416 - 0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $8,809 is to be appropriated to account 416 - 0314 - 780 -2550 for costs related to the Frantz Road utility burial. Section 8. There be appropriated from the unappropriated balance in the Thomas /Kohler TIF Fund the amount of $1,465,779. Of the total, $8,570 is to be appropriated to account 419 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. In addition, $1,028,917 is to be appropriated to account 419 - 0314 - 780 -2551, $399,000 is to be appropriated to account 419 -0314- 780 -2510, and $29,292 is to be appropriated to account 419- 0314 - 780 -2349 for right -of -way acquisition and construction costs related to the Emerald Parkway RECORD OF ORDINANCES 68 -12 Page 2 of 4 Ordinance No. Passed 20 widening between Rings Road and Tuttle Crossing Boulevard as well as the construction of the IGS Park. Section 9. There be appropriated from the unappropriated balance in the McKitrick TIF Fund the amount of $1,199,510. Of the total, $13,405 is to be appropriated to account 421 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments, $33,900 is to be appropriated to account 421- 0314 -780- 2349, $104,660 is to be appropriated to account 421 - 0314 - 780 -2510, and $12,545 is to be appropriated to account 421 - 0314 - 780 -2551 for costs associated with the Post Road /Commerce Parkway Improvements as well as Emerald Parkway Improvements. $1,035,000 is to be appropriated to account 421- 0314 - 810 -2790 for the purpose of transferring funds to the Emerald Phase 8 TIF Fund for costs related to property acquisition. Section 10. There be appropriated from the unappropriated balance in the Perimeter Center TIF Fund the amount of $62,845. Of the total, $6,345 is to be appropriated to account 425 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments, $52,300 is to be appropriated to account 425- 0314 -780- 2349 and $4,200 is to be appropriated to account 425- 0314 - 780 -2551 for the costs related to the update of the Avery Road — Muirfield Drive North Corridor study as well as the Perimeter Drive /Commerce Parkway Roundabout improvements. Section 11. There be appropriated from the unappropriated balance in the Rings TIF Fund the amount of $4,660. This amount is to be appropriated to account 426 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 12. There be appropriated from the unappropriated balance in the Perimeter West TIF Fund the amount of $146,785. Of the total, $36,785 is to be appropriated to account 431 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $110,000 is to be appropriated to 431- 0314 -780- 2349 for professional services related to the interim US 33 /SR 161 /Post Road interchange improvements. Section 13. There be appropriated from the unappropriated balance in the Upper Metro TIF Fund the amount of $3,295. Of the total, $2,770 is to be appropriated to account 432 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $525 is to be appropriated to 432 - 0314 - 780 -2349 for professional services related to the I- 270 /US 33 interchange, phase I improvements. Section 14. There be appropriated from the unappropriated balance in the Rings /Frantz TIF Fund the amount of $81,305. Of the total, $6,305 is to be appropriated to account 433 -0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $75,000 is to be appropriated to 433- 0314- 780 -2349 for professional services related to the preliminary alignment of the Tuttle Crossing Boulevard Extension from Wilcox Road to Avery Road. Section 15. There be appropriated from the unappropriated balance in the Historic Dublin TIF Fund the amount of $18,765. Of the total, $865 is to be appropriated to account 436 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $17,900 is to be appropriated to 436 - 0314 - 780 -2551 for costs related to improvements within Historic Dublin. Section 16. There be appropriated from the unappropriated balance in the Emerald Parkway Phase 8 TIF Fund the amount of $1,547,100. Of the total, $2,500 is to be appropriated to account 441- 0314 - 780 -2349, $1,525,000 is to be appropriated to account 441- 0221 - 710 -2510 and $19,600 to account 441 - 0314 - 780 -2551 for costs associated with right -of -way acquisition for Emerald Parkway Phase 8. RECORD OF ORDINANCES Ordinance No 68 -12 Passed Page 3 of 4 20 Section 17. There be appropriated from the unappropriated balance in the Perimeter Loop TIF Fund the amount of $405 to account 442 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 18. There be appropriated from the unappropriated balance in the Tartan West TIF Fund the amount of $50,590. Of this amount, $590 is to be appropriated to account 443 - 0314 - 780 -2349 and $50,000 is to be appropriated to account 443 -0314- 780 -2550 for costs, including right -of -way acquisition, related to the improvements at Hyland -Croy Road and Brand Road. Section 19. There be appropriated from the unappropriated balance in the Shamrock Boulevard TIF Fund the amount of $130. This amount is to be appropriated to account 444 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 20. There be appropriated from the unappropriated balance in the River Ridge TIF Fund the amount of $2,000,755. Of the total, $755 is to be appropriated to account 446 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments, and $2,000,000 is to be appropriated to 446- 0314 -780- 2510 for land acquisition necessary for the improvements at Riverside Drive and SR 161. Section 21. There be appropriated from the unappropriated balance in the Lifetime Fitness TIF Fund the amount of $1,655. This amount is to be appropriated to account 447 - 0221- 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 22. There be appropriated from the unappropriated balance in the Irelan TIF Fund the amount of $47. This amount is to be appropriated to account 449 -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 Shier Rings Road TIF Fund the amount of $470. This amount is to be appropriated to account 450 -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 Shamrock Crossing TIF Fund the amount of $248,000. Of the total, $700 is to be appropriated to account 451 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments and $247,300 is to be appropriated to account 451 -0314- 780 -2551 for costs related to the Martin Road and Stoneridge Lane shared use paths. Section 25. There be appropriated from the unappropriated balance in the Bridge and High Street TIF Fund the amount of $42,950. Of the total, $650 is to be appropriated to account 452- 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments and $42,300 is to be appropriated to account 452 - 0314 - 780 -2510 for costs related to improvements in the Historic District. Section 26. There be appropriated from the unappropriated balance in the Dublin Methodist Hospital TIF Fund the amount of $5,880. This amount is to be appropriated to account 453- 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 Kroger Centre TIF Fund the amount of $2,721. This amount is to be appropriated to account 454 - 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments. Section 28. There be appropriated from the unappropriated balance in the Delta Energy TIF Fund the amount of $60,210. Of this amount, $210 is to be appropriated RECORD OF ORDINANCES 68 -12 Ordinance No. Page 4 of 4 Passed . 20 to account 456- 0221 - 710 -2301 for fees charged by Franklin County to collect and distribute service payments and $60,000 is to be appropriated to account 456 -0314- 780 -2551 for costs related to the intersection improvements at Perimeter Drive and Commerce Parkway. Section 30. There be unappropriated from account 612 - 1330 - 780 -2561 the amount of $360,000 which will reduce the amount of appropriations within the Water Tower Construction Fund. Section 31. There be unappropriated from account 612- 1330 - 780 -2601 the amount of $51,198 which will reduce the amount of appropriations within the Water Tower Construction Fund. Section 32. There be appropriated from the unappropriated balance in the Water Tower Construction Fund the amount of $10,999. This amount is to be appropriated to account 612 - 0314 - 810 -2790 for transfer of excess premium from the 2012 bond issue to the Water Fund for future bond retirement. Section 33. There be appropriated from the unappropriated balance in the Sewer Fund the amount of $24,700. This amount is to be appropriated to account 620- 1330- 780 -2563 for costs associated with the South Fork sanitary sewer extension. Section 34. There be appropriated from the unappropriated balance in the Sewer Construction Fund the amount of $807,801. Of this amount, $796,761 is to be appropriated to account 623- 1320- 780 -2563 for costs associated with the 2012 sanitary sewer lining project, $11,040 is to be appropriated to account 623- 0314 -810- 2790 for transfer of excess premium from the 2012 bond issue to the Sewer Fund for future bond retirement. Section 35. There be unappropriated from account 623 - 1330 - 780 -2563 the amount of $375,000 which will reduce the amount of appropriations within the Sewer Construction Fund. Section 36. There be appropriated from the unappropriated balance in the Capital Construction Fund the amount of $2,322,967. Of this amount, $2,185,000 is to be appropriated to account 422 - 0314 - 780 -2550 for the costs associated with the LED Street Light project, $35,925 is to be appropriated to account 422 - 0314 - 790 -2601 for the cost of issuance related to the 2012 bond issue, and $102,042 is to be appropriated to account 422 - 0314 - 810 -2790 for transfer of excess premium from the 2012 bond issue to the Bond Retirement Fund for future bond retirement. Section 37 . The public hearing be waived to provide immediate funding authorization for these projects and programs. Section 38 . 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 o ue) elm, 2012 Mayor 7 Pre ding Officer ATTEST: Clerk of Council Office of the City Manager City of Dublin Pho n ne: 614 - 410-4400 • Fax: 14 - 10 44 9 0 43017-1090 To: Members of Dublin City Council From. Marsha I. Grigsby, City Manager `\ w Date: November 1, 2012 Initiated By: Angel L. Mumma, Deputy City Manager /Director of Finance & Administration Re: Ordinance No. 68 -12 - Amending the Annual Appropriations for the Fiscal Year Ending December 31, 2012 Summary Ordinance 68 -12 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 has authorized the execution of construction contracts and the acquisition of rights -of -way. Section 1 provides funding authorization for the General Debt Service Fund for the payoff of the State Infrastructure Bank loan on the Avery- Muirfield interchange from bond proceeds. 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. Section 3 provides funding authorization for the Capital Improvements Tax Fund for fees that were deducted by the Franklin County Auditor for costs associated with the collection and distribution of payments. Section 4 provides funding authorization for the Parkland Acquisition Fund for land acquisition costs associated with the purchase of the Wallace and Matthews properties. Funding is also being requested for fees that were deducted by the Franklin County Auditor for costs associated with the collection of real estate tax payments. Sections 5 through 28 are for funding authorization requests related to the City's various TIF Funds. For each TIF Fund in which service payments were received in 2012, 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: Memo re. Ordinance No. 68 -12 - Amending Annual Appropriations November 1, 2012 Page 2 of 3 Section 6 and 28 provides funding authorization for the purpose of transferring funds from the Ruscilli TIF Fund to the Delta Energy TIF Fund and paying for the costs related to the construction of the Perimeter Drive /Commerce Parkway intersection improvements. Section 7 provides funding authorization for design costs related to the Frantz Road utility burial. Section 8 provides funding authorization for costs related to the Emerald Parkway widening between Rings Road and Tuttle Crossing Boulevard as well as the construction of the IGS Park. Section 9 provides funding authorization for the purpose of transferring funds from the McKitrick I Fund to the Emerald 8 TIF Fund for the costs related to property acquisition for Emerald Parkway Phase 8. In addition, this section provides funding authorization for costs related to Post Road /Commerce Parkway and Emerald Parkway improvements. Section 10 provides funding authorization for the costs related to the update of the Avery Road — Muirfield Drive North Corridor study as well as the Perimeter Drive /Commerce Parkway Roundabout improvements. Section 12 provides funding authorization for the design costs associated with the interim US33 /SR161 /Post Road interchange improvements. The improvements provide for the widening of Post Road from the southbound off ramp west of the interchange from two lanes to four lanes; turn lanes on Post Road to Eiterman; a lane addition north on Eiterman; and signal improvements. Section 13 provides funding authorization for the costs associated with the I270/US33 interchange, phase I improvements. Section 14 provides funding authorization for the preliminary alignment costs associated with the Tuttle Crossing Boulevard extension from Wilcox Road to Avery Road. Sections 15 and 25 provides funding authorization for the costs related to improvements in Historic Dublin, including improvements to the Indian Run parking lot, Darby Street, and BriHi Square. Section 16 provides funding authorization for the costs associated with property acquisition related to Emerald Parkway Phase 8. Section 18 provides funding authorization for the right -of -way acquisition costs related to improvements at Hyland -Croy Road and Brand Road. Section 20 provides funding authorization for right -of -way acquisition costs related to improvements at Riverside Drive and SR161. Section 24 provides funding authorization for the costs related to construction of shared use paths on Martin Road and Stoneridge Lane. Memo re. Ordinance No. 68 -12 - Amending Annual Appropriations November 1, 2012 Page 3 of 3 In conjunction with Section 1, Sections 30 through 32 and 34 through 36 are for funding authorization requests related to the City's recent debt issuance. Bond proceeds have been received and credited to the Capital Construction Fund (for the LED Street Light purchase and installation), the Water Tower Construction Fund (for the construction of the Dublin Road Water Tower), the Sewer Construction Fund (for the sewer lining improvements), and the General Debt Service Fund (for refunding of the State Infrastructure Bank loan for the Avery- Muirfield interchange. Funding has also been requested to cover the cost of issuance related to the bond issue. In the case of Sections 30, 31, and 35 the request is to unappropriate funds from the Water Tower Construction Fund and Sewer Construction Fund. The actual amount that was issued for debt service on these projects was less than the original appropriation. Therefore, in order to show that our appropriations did not exceed our actual revenue, we are required to unappropriate these excess funds. Finally, Section 33 provides for funding authorization for the costs associated with the South Fork sanitary sewer extension. Recommendation Staff recommends that Council dispense with the second reading /public hearing and approve Ordinance No. 68 -12 at the November 5, 2012 Council meeting.