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To amend the 2025 Capital Improvement Budget; to authorize transfers within the Construction Management Capital Improvement Fund and the Construction Management Taxable Fund; to authorize the expenditure of $240,000.00 from the Construction Management Capital Improvement Fund; to authorize the expenditure of $7,700.00 from the Construction Management Taxable Fund; and to authorize the expenditure of $6,500.00 from the Neighborhood Health Center Capital Reserve Fund in order to reimburse the general fund for construction and building renovation expenses incurred by the Office of Construction Management; and to declare an emergency.

  • When: 2025/09/29
  • Address: Citywide
  • City: Columbus
  • State: OH
  • Category: Economic Development Incentives
  • Asset Class: Commercial
  • Size (Dollars): $254,200.00

This ordinance proposes to amend the 2025 Capital Improvement Budget and authorize transfers within the Construction Management Capital Improvement Fund and the Construction Management Taxable Fund. It also authorizes the expenditure of $240,000.00 from the Construction Management Capital Improvement Fund, $7,700.00 from the Construction Management Taxable Fund, and $6,500.00 from the Neighborhood Health Center Capital Reserve Fund. The purpose of these expenditures is to reimburse the general fund for construction and building renovation expenses incurred by the Office of Construction Management, specifically for staffing costs related to capital projects. The Office of Construction Management tracks employee hours spent on individual projects to capitalize these costs, ensuring accurate accounting and financial management. Emergency action is requested to expedite the reimbursement process.

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