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File #: O-486-18    Version: 1 Name:
Type: Ordinance Status: Mayor's Office
File created: 11/7/2018 In control: Public Service Department
On agenda: 12/18/2018 Final action: 12/18/2018
Title: Authorizing the disappropriation of $856,324 from the Capital Improvement Fund; authorizing the appropriation of $856,324 for the District Improvement Program; and declaring an emergency.
Attachments: 1. Audio: O-486-18 Agenda Review 11/27/2018, 2. Audio: O-486-18 Council Meeting 12/18/2018

Label
Admin CIP Reappropriation
Department of Public Service
Paul Rasmusson (x7868), Abby Arnold (x2483)
(Revised)

Title
Authorizing the disappropriation of $856,324 from the Capital Improvement Fund; authorizing the appropriation of $856,324 for the District Improvement Program; and declaring an emergency.

Body
SUMMARY & BACKGROUND:
This Ordinance authorizes the reappropriation of funds for the District Improvement Program. Ordinance 447-17 authorized the expenditure of $3,350,000 for various capital projects. These projects have been or are close to being completed. Remaining funds from these projects will be reappropriated into the District Improvement Program. The reappropriated funds will be available for improvement projects in the council districts where the previously funded projects occurred.

Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:

SECTION 1. That the disappropriation of $856,324 is authorized from the following account codes:
Account Code
Amount
5040-60500-8CP1716FRIEND
$150,000
5040-60500-8CP1717WILSON
$290,000
5040-60300-8CP1718NAVARR
$128,144
5040-60300-8CP1719WILLYS
$138,736
5040-60500-8CP1720BOWMAN
$149,444

SECTION 2. That the appropriation of $856,324 is authorized in the Capital Improvement Fund to Account Code 5040-16400-8CP1817DNGPRO for the District Improvement Program.

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 in order to appropriate funds for the District Improvement Program.








Vote on emergency clause: yeas _____, nays _____.

Passed: _________________, as an emergency measure: yeas _____, nays _____.


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