TO AMEND SECTION I, 2020 ORIGINAL APPROPRIATION ORDINANCE NO. 4897, TO PROVIDE FOR THE APPROPRIATION OF:
- AN ADDITIONAL AMOUNT OF $400,000.00 TO BE EXPENDED FROM THE CAPITAL IMPROVEMENT FUND TO ACQUIRE AND PREPARE REAL ESTATE FOR A STORM SEWER CAPITAL PROJECT; AND
- AN AMOUNT OF $400,000.00 TO BE TRANSFERRED FROM THE GENERAL FUND TO THE CAPITAL IMPROVEMENT FUND;
FOR THE CITY OF OAKWOOD, STATE OF OHIO, DURING THE FISCAL YEAR ENDING DECEMBER 31, 2020.
WHEREAS, this is a supplemental appropriation ordinance to make available the necessary funds for an expenditure not already included in the 2020 budget, to wit: the purchase and preparation of certain real estate for a future capital project relating to the city’s stormwater utility; and
WHEREAS, in July 2019, the city’s engineering consultant completed a study to examine stormwater drainage issues in the vicinity of Far Hills and Dellwood Avenues; and
WHEREAS, as a result of that study, it was determined that a large reinforced concrete box culvert is in need of replacement and enlargement, but is located directly beneath a private residential home such that access is impossible without compromising the structural integrity of the home; and
WHEREAS, given the proximity of homes in the area and the size of the trench that would be required for installation of the new culvert, it is necessary to acquire the property and raze the home; and
WHEREAS, through work session discussions, Council determined that it would be in the city’s best interests to acquire the property at some point in the next 1-2 years in order to facilitate the storm sewer project; and
WHEREAS, the property in question was recently listed for sale, and Council has determined that it is preferable to acquire the same now rather than waiting another 1-2 years and potentially having to acquire it via eminent domain; and
WHEREAS, this supplemental appropriation will authorize the transfer of $400,000.00 from the city’s General Fund to the Capital Improvement Fund, in the amounts set forth in the title hereof, in order to acquire this property, with the excess, if any, to be applied towards the cost of demolition or otherwise preparing the property for the storm sewer capital project referenced above;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF OAKWOOD, STATE OF OHIO, THAT:
To provide for the current expenses and other expenditures of the said city of Oakwood during the period commencing January 1, 2020 and ending December 31, 2020, the following revised sums shall be and they are hereby set aside and appropriated as follows, with added material in bold type and deleted material in strike-through type:
| Fund | Appropriation | |
|---|---|---|
| 101 General Fund | $12,341,778 | |
| 309 Capital Improvement Fund | $1,158,600 | |
The Director of Finance is hereby authorized to draw warrants for payments from any of the foregoing appropriations upon receiving proper certificates and vouchers therefore, approved by