113-92 Ordinance
" RECORD OF ORDINANCES
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Dayton Legal Blank Co, Form No. 30043
Ordinance No.JJ.3~.9.2m.m. Passed. .-- --------------------- _19._ .
AN ORDINANCE AMENDING THE ANNUAL APPROPRIATIONS
ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31. 1992.
,... AND DECLARING AN EME;RGENCY
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WHEREAS. the Ohio Revise 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 appropriate additional funds to retire the short-term notes
that mature on October 14; and
WHEREAS, it is necessary to appropriate additional funds for capital improvement
projects and projects funded through the hotel/motel tax.
NOW. THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, Ohio,
State of Ohio 7 of the elected members concurring:
SECTION 1. That there be appropriated from the unappropriated balance in the
General Fund the amount of $704,853.58 to account 01-02-15-2714 for the purpose
of transferring funds to the Debt Service Fund.
SECTION 2. That there be appropriated from the unappropriated balance in the Debt
Service Fund the amount of $7,089,853.58 to the'following accounts: $2,595,000
to account 30-02-10-2612, $43,984.80 to account 30-02-10-2622, $4,400,000 to
,.... account 30-02-10-2613 and $50,868.78 to account 30-02-10-2623 for the purpose
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I of retiring the notes that mature on October 14, 1992.
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SECTION 3. That there be appropriated from the unappropriated balance in the
General Fund the amount of $375,000 to account 01-02-15-2721 for the purpose of
paying design costs for the State Route 161 (Dale to Sawmill) project.
SECTION 4. That there be appropriated from the unappropriated balance in the
General Fund the amount of $210,000 to account 01-02-15-2718 for the purpose of
transferring funds to the Justice Center Construction Fund.
SECTION 5. That there be appropriated from the unappropriated balance in the Justice
Center Construction Fund the amount of $210,000 to account 47-03-14-2520 for the
purpose of acquiring and installing the electronic system for the building.
SECTION 6. That there be appropriated from the unappropriated balance in the
Hotel/Motel Tax Fund the amount of $30,801 to account 17-01-13-2814 for
previously approved city-sponsored projects.
SECTION 7. That this ordinance be, and the same hereby is, declared to be an
emergency measure for the preservation of public peace, health or welfare of the
residents of this City, and therefore this ordinance shall take effect and be in force
immediately upon its passage.
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~ Passed this ;< j-;--i, day of ~
' 1992.
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ATTEST:
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MEMORANDUM
TO: All City Council Members
--- FROM: Timothy C. Hansley, City Manager
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'- SUBJECT: Amendments to Annual Appropriations Ordinance
DATE: September 24, 1992
INITIATED BY: Marsha I. Grigsby, Director of Finance
Ordinance 113-92 is needed to appropriate funds for expenditures relating to
short-term notes that mature on October 14, 1992, capital improvement
projects and approved hotel/motel applications for City sponsored projects.
Sections 1 and 2 appropriate funds to retire the principal and interest for the
notes maturing October 14. The appropriation in the General Fund is for the
interest due on all the notes ($94,853.58) and the principal for the S.R. 161
project ($150,000), the design for the Justice Center ($300,000) and the
City's share of the Dublin Village Center street lighting project ($160,000). The
appropriations in the Debt Service Fund is for principal and interest due on all
the notes. In addition to the above information, the $4,100,000 Justice Center
Construction notes and $165,000 of the Dublin Village Center street lighting
project will be retired with the proceeds from our October 8 bond issue and the
$2,120,000 Muirfield Drive notes will be retired with the proceeds from the
;~."' notes that will be issued on October 13, 1992.
- Section 3 appropriates funds to transfer from the General Fund to the
Transportation Improvement Fund for the design of the S.R. 161 (Dale to
Sawmill) project. Previously, funds were advanced with the intent of being
repaid from the issuance of future debt. It has been determined that sufficient
reserves are available in the General Fund to make a permanent transfer to the
Transportation Improvement Fund to pay for the design of the project.
Sections 4 and 5 appropriate funds for the electronic system to be installed in
the Justice Center. Reserves in the General Fund will be used instead of
issuing additional debt.
Section 6 appropriates funds for the two $10,000 applications submitted by
the Division of Planning. The projects were for the window boxes on S.R. 161
bridge and for the Bridge Street landscaping. The additional $10,801 is for the
Scioto Park landscaping project approved in 1991. At December 31, 1991, the
project was not complete and $10,801 remaining from the approved application
had not been encumbered. The amount should have been included in the
Annual Appropriations Ordinance; however, it was. omitted.
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