Label
DPU092524LEASEAPPROPRIATION
Water Reclamation
Christine Minor (x2624)
Revised
Title
Authorizing the appropriation of $149,387 from the unappropriated balance of the Sewer Replacement Fund for the 2024 annual lease payment to Norfolk Southern Railway for the Downtown CSO Storage Basin; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Ordinance 65-15 authorized a twenty-year agreement with Norfolk Southern Railway for the lease and subsequent purchase of approximately 9.1 acres of land to construct the Downtown CSO Storage Basin as required by the approved Consent Decree. Furthermore, it authorized the annual expenditure of future years’ lease payments subject to appropriation.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That an amount not to exceed $149,387 is appropriated from the Sewer Replacement Fund to Account Code 6073-36000-4UC1914STDSTD for the 2024 annual lease payment to Norfolk Southern Railway for the Downtown CSO Storage Basin.
SECTION 2. That the disappropriation of any remaining budget to fund balance is authorized at project closeout.
SECTION 3. 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 public peace, health, safety and property, and for further reason that the Ordinance must be immediately effective for the timely annual lease payment to Norfolk Southern Railway.
Vote on emergency clause: yeas 10, nays 0.
Passed: September 25, 2024, as an emergency measure: yeas 10, nays 0.
Attest:
Julie A. Gibbons Carrie Hartman
Clerk of Council President of Council
Approved: September 25, 2024
Wade Kapszukiewicz
Mayor