Explanation
1. BACKGROUND:
In the course of effecting roadway improvements, it is sometimes necessary to force the relocation of utilities from privately held easements or place overhead utilities underground to promote public health, safety, and welfare including the economic development of the City.
The private utility company American Electric Power, Inc. (AEP) must place their overhead facilities underground for the Roadway Improvements - I-70/71 Interchange - Phase 2 Mound Street Connector project. The project will create a new gateway into downtown from I-70 Westbound at the intersection of Mound Street and Washington Avenue. The City intends that utility lines on the new urban avenues and gateway improvements will no longer be placed overhead. The City must fund this extra effort.
In order to prevent rework and therefore provide cost savings, this utility work will also place conduit for AEP and private communication utilities in anticipation of future project phases.
Searches in the System for Award Management (Federal) and the Findings for Recovery list (State) produced no findings against American Electric Power, Inc.
2. CONTRACT COMPLIANCE
American Electric Power, Inc. Contract Compliance number 314271000, expires 7/11/14.
3. FISCAL IMPACT:
This ordinance authorizes an expenditure of $1,579,502.00 for utility relocation expenses. Funds for this expenditure are available within the Street & Highway G.O. Bond Fund. A temporary transfer of cash and budget authority is necessary to fund this reimbursement.
4. EMERGENCY DESIGNATION
Emergency action is requested to provide reimbursement to AEP at the earliest possible time for costs incurred for the relocation of utilities as part of Roadway Improvements - I-70/71 Interchange - Phase 2 project in order to maintain the project schedule.
Title
To amend the 2012 Capital Improvement Budget; to authorize the City Auditor to transfer cash and appropriation between projects with in the Str...
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