03-97 OrdinanceRECORD OF ORDINANCES
Dayton Legal Blank Co. Norm 1vo. suuas
Ordinance No. 003-97__ Passed _ ------ -------------19 _ --
AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS
ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 1997
WHEREAS, the Ohio Revised Code requires, when necessary, amendments to the annual
appropriations ordinance to be made in order that appropriations are not over expended, and
WHEREAS, at the beginning of each year it is necessary to appropriate the unencumbered
balances in the various capital project funds to authorize those funds for project related
expenditures.
NOW,-T'H $~EFORE, BE IT ORDAINED, by the Council of the City of Dublin, State of
Ohio, of the elected members concurring:
Section 1. That there be appropriated from the unappropriated balance in the Community
Center Construction Fund the amount of $255,037.21 with $30,000 being appropriated to
account 43-03-14-2520 for equipment and the remaining $225,037.21 being appropriated to
account 43-03-14-2530 for potential costs related to the construction of the facility.
Section 2. That there be appropriated from the unappropriated balance in the Applied
Innovation TIF Fund the amount of $8,560 to account 48-03-14-2349 for design fees.
Section 3. That there be appropriated from the unappropriated balance in the Transportation
Fund the amount of $159,740.16 to account 49-03-14-2551 for design fees related to the State
Route 161 Improvement project.
Section 4. That there be appropriated from the unappropriated balance in the Thomas/Kohler
TIF Fund the amount of $478,424.49 to account 50-03-14-2551 for construction costs related
to the Emerald Parkway Phase 3 project.
Section 5. That there be appropriated from the unappropriated balance in the Metatec TIF
Fund the amount of $55,884.11 to account 51-03-14-2551 for construction costs related to
the Perimeter Drive extension project.
Section 6. That there be appropriated from the unappropriated balance in the McKitrick TIF
Fund the amount of $786,111.12 with $600,000 being appropriated to account 52-03-14-2510
for landscaping and buffering and the remaining $186,111.12 being appropriated to account
52-03-14-2551 for construction costs related to the Emerald Parkway Phase 1 and 2 projects.
Section 7. That there be appropriated from the unappropriated balance in the Perimeter
Center TIF Fund the amount of $211,843.75 with $11,843.75 being appropriated to account
56-03-14-2349 for design fees and the remaining $200,000 being appropriated to account 56-
03-14-2510 for land acquisition.
Section 8. That 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 _, 1997
~~~~~%
G% ~i"
Mayor -Presiding Officer
ATTEST:
Clerk of Council
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I hereby certify that copies of this Ordinance/R~e~setvtimt were posted in the
City of Oublin in actordance w;th Se+tlon 731.25 of the 41hio Revised Code.
~~' Clo ouncil. ~61in, Oh'so
I N T E R
MEMO
O F F I C E
To: Members of Dublin City Council
From: Timothy C. Hansley, City Manager
Subject: Ordinance 003-97
Date: January 17, 1997
Initiated by: Marsha I. Grigsby, Director of Finance
As the Ordinance states, the legislation is needed to appropriate uncumbered fund balances as of
December 31, 1996 in various capital project funds.
These capital project funds were established as required by the Ohio Revised Code. As of December
31, 1996 funds remained unencumbered as a result of interest income earned, unused contingencies,
and projects that have contracts yet to be amended or awarded.
Section 1. We are still holding final pay requests on this project until issues related to the HVAC
system are resolved. There are also additional equipment and furnishing needs that have been
deferred until the construction related issues are resolved. Any unused funds will be transferred to
the General Obligation Bond Retirement Fund and used to retire debt service obligations related to
the bonds issued for the construction of the facility.
Section 2. The appropriation in the Applied Innovation TIF is the balance remaining from funds that
were originally advanced from the General Fund for design fees related to extending Innovation
Drive east to the future Emerald Parkway Phase 4.
Section 3. The Transportation Fund was established for the State Route 161 -Dale to Sawmill
project because Federal and State dollars will be funding a significant portion of the project. The
City is responsible for 100% of the design costs and unencumbered funds will be used to finalize
design of the project.
Section 4. The unencumbered balance in the Thomas/Kohler TIF Fund will be utilized to complete
the construction of the current Emerald Parkway Phase 3 project with any remaining funds being
utilized for additional on-site infrastructure improvement identified in the Tax Increment
Financing/Economic Development Agreement. The additional improvements will be triggered by
the construction of additional office space.
Section 5. The funds being requested for appropriation in the Metatec TIF Fund will be utilized for
any additional costs that may be incurred to finalize the project. Any unused balance will be
transferred to the General Obligation Bond Retirement Fund and used to retire debt service
obligations related to the bonds issued for the Perimeter Drive extension project.
Members of Dublin City Council
Page 2
January 17, 1997
Section 6. The appropriation in the McKitrick TIF Fund will be utilized to finalize the construction
of Emerald Parkway connecting Dublin Road and Coffman Road and for landscaping and buffering
as negotiated during the rezoning process.
Section 7. Funds appropriated in the Perimeter Center TIF will be used for design costs related to
the extension of Perimeter Drive from Commerce Parkway to the extended Emerald Parkway and
the extension of Emerald Parkway south of Post Road. The City is currently negotiating with the
property owners for the acquisition of the necessary right-of-way.
If you have any questions or need additional information, please let us know.
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