Description
Title: To amend Ordinance No. 1797-2025, passed by Columbus City Council on July 14, 2025, to change the scope of the project and revise the amount of the authorized grant to $1,000,000.00; to amend the 2025 Capital Improvement Budget; to authorize the City Auditor to transfer funds within the Development Taxable Bond Fund; to authorize the additional expenditure of up to $500,000.00 from the Development Taxable Bond Fund; and to allow expenses incurred prior to the creation of the purchase order. ($500,000.00)
Summary
The document outlines Ordinance Number 0434-2026, which authorizes a financial transfer within the City of Columbus's budget. Specifically, it reallocates $500,000 from one project (P440105) to another (P200020) within the same fund, aimed at supporting expenditures related to land and structures. This transfer is significant for managing municipal resources effectively and ensuring that funds are directed to necessary projects, which may include infrastructure improvements or community services. The legislation affects city departments involved in these projects and is crucial for maintaining accountability and transparency in public spending, thereby enhancing community trust in local governance.