Label
[DPYS Re-appropriation of CIP Funds 2024
Parks and Youth Services Department
Joe Fausnaugh (x3884)
Revised
Title
Authorizing the re-appropriation of $200,000 within the Capital Improvement Fund; authorizing the expenditure of same for development of visitor amenities at Penn 7 Park; authorizing the Mayor to enter into contracts for said project; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Capital improvement projects were planned and executed at Levis Square Park and Glenwood Park this summer. The projects have been completed on time and under the authorized budget allocation. This ordinance authorizes the re-appropriation and expenditure of $200,000 of previously appropriated funds for Levis Square and Glenwood Park. The amended ordinance authorizes the expenditure of same for the development of visitor amenities such as parking, walking trails, and overlooks at Penn 7 Park.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That the disappropriation of $200,000 is authorized from the Capital Improvement Fund from the following account codes:
5040-40100-8CP2328LEVISS $100,000
5040-40100-8CP2337PRKIMP $100,000
SECTION 2. That the appropriation of $200,000 is authorized from the Capital Improvement Fund to Account Code 5040-40100-8CP2329PENPRK and the expenditure of same is authorized for development of visitor amenities for Penn 7 Park.
SECTION 3. That the Mayor is authorized to accept bids and award contracts for the purposes authorized in Section 2, upon such terms and conditions as acceptable to the Director of Parks and Youth Services and the Director of Law.
SECTION 4. That the Finance Director is authorized to draw warrant or warrants against the above Account Code in payment of the above-authorized obligations in an amount not to exceed $200,000 upon presentation of the proper voucher or vouchers.
SECTION 5. Tha...
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