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Ordinance 009-15RECORD OF ORDINANCES Dayton Legal Blank, Inc. Ordinance No. 09 -15 AN ORDINANCE AMENDING THE ANNUAL APPROPRATIONS ORDINANCE FOR THE FISCAL YEAR ENDING DECEMBER 31, 2015 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 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 Fund the amount of $112,799 to account 101 - 1620 - 740 -2421 for the purpose of reforestation. Section 2 . There be appropriated from the unappropriated balance in the Woerner - Temple TIF Fund the amount of $462,010 to account 412 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 debt service obligations on the debt issued for the Woerner - Temple Road project. Section 3 . There be appropriated from the unappropriated balance in the Ruscilli TIF Fund the amount of $1,038,080 to account 415 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 debt service obligations on the debt issued for the I- 270 /US 33 Interchange improvement. Section 4 . There be appropriated from the unappropriated balance in the Thomas /Kohler TIF Fund the amount of $155,410 to account 419 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 debt service obligations on the debt issued for the Emerald Parkway Phase 7A (Shier Rings to Innovation) project. Section 5 . There be appropriated from the unappropriated balance in the McKitrick TIF Fund the amount of $731,430 to account 421 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 debt service obligations due on the debt issued for Emerald Parkway Phase 2 and Phase 8. Section 6. There be appropriated from the unappropriated balance in the Rings Road TIF Fund the amount of $269,360 to account 426 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 debt service obligations on the debt issued for the Rings Road widening project. Section 7 . There be appropriated from the unappropriated balance in the Perimeter West TIF Fund the amount of $963,350 to account 431 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 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. Form No.30043_ _ Passed .20 RECORD OF ORDINANCES Dayton Legal Blank, Inc. Form No. 30043 Passed Page 2 .20 Ordinance No. 09 -15 Section 8 . There be appropriated from the unappropriated balance in the Rive r Ridge TIF Fund the amount of $138,330 to account 446- 0314- 810 -2790 to transfe r funds to the General Obligation Debt Service Fund for the 2015 debt servic e obligations on the debt issued for right -of -way acquisition necessary for the relocation of Riverside Drive and the Riverside Drive /SR 161 roundabout. Section 9 . There be appropriated from the unappropriated balance in the Kroger Centre TIF Fund the amount of $300,000 to account 454 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 debt service obligations on the debt issued for Emerald Parkway Phase 8. Section 10 . There be appropriated from the unappropriated balance in the Bridge Street TIF Fund the amount of $256,890 to account 457 - 0314 - 810 -2790 to transfer funds to the General Obligation Debt Service Fund for the 2015 debt service obligations on the debt issued for right -of -way acquisition necessary for the relocation of Riverside Drive and the Riverside Drive /SR 161 roundabout. Section 11. The public hearing be waived to provide immediate funding authorization for these projects and programs. Section 12 . This ordinance shall take effect and be in force in accordance with Section 4.04(a) of the Revised Charter. Passed this day 015 or - Presiding Off r ATTEST: v Clerk of Council Ici of Dublin Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017 -1090 Phone: 614 - 410 -4400 • Fax: 614 - 410 -4490 Memo To: Members of Dublin City Council From: Dana L. McDaniel, City Mana Date: February 5, 2015 Initiated By: Angel L. Mumma, Director of Finance Re: Ordinance No. 09 -15 — Amending the Annual Appropriations Ordinance for the Fiscal Year Ending December 31, 2015 Summary Each year an ordinance is prepared appropriating funding in various capital project funds and the unencumbered funds from tree replacement fees. Ordinance No. 09 -15 provides for these appropriations. Section 1 appropriates tree replacement fees available as of January 1, 2015. The funds are generated from payments in lieu of tree replacement and will be used to plant trees on public property. Sections 2 through 10 appropriate funding for the Tax Increment Financing (TIF) Funds identified. 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. Recommendation Staff recommends Council dispense with the second reading /public hearing and adopt Ordinance 09 -15 at the February 9, 2015 City Council meeting.