Label
DPU092524BUDGET ADJUSTMENT
Water Distribution
Todd Saums (x2832)
Revised
Title
Authorizing the appropriation of $400,000 from the unappropriated balance of the Water Replacement Fund and operating transfer of the same to the Water Operating Fund; authorizing the appropriation and expenditure of $400,000 from Water Operating Fund to fund additional Utility Cuts; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Each year the Division of Water Distribution makes repairs to water lines throughout the City. Once those repairs are complete, the Division of Road and Bridge Maintenance will repair/replace the area of the road that was accessed. Road and Bridge Maintenance charges Water Distribution for equipment, materials, and time. Due to the vast number of repairs, there is a backlog of work that in recent months Road and Bridge Maintenance has worked to complete.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That an amount not to exceed $400,000 is appropriated from the Water Replacement Fund to Account Code 6063-34000-558100-4000514STDSTD; and the operating transfer of same is authorized to the Water Operating Fund, Account Code 6060-34000-408690-4000514STDSTD.
SECTION 2. That the appropriation of $400,000 is authorized from the Water Operating Fund to Account Code 6060-34000-4000514STDSTD and the expenditure of same is authorized for the purpose of funding additional utility cuts.
SECTION 3. That the Finance Director is authorized to draw their warrant or warrants against the above Account Codes in payment of the above authorized obligations upon presentation of proper voucher or vouchers in an amount not to exceed $400,000.
SECTION 4. That this Ordinance is declared to be an emergency measure and shall take effect and be in force from and after its passage. The reason for the emergency lies in the fact that the same is necessary for the immediate preservation of the publ...
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