Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Service to enter into agreement with and provide additional funding to the Ohio Department of Transportation (ODOT) to perform the rehabilitation of parts of SR 317 from Columbus corp. limit at the east end of the bridge over Big Walnut Creek to the Groveport corp. limit lying within the City of Columbus (FRA-317-0.34, PID 79315).
Ordinance 0811-2013 authorized the Director of Public Service to provide funds to ODOT prior to ODOT opening bids and if additional funds were needed after the bid opening, the Director of Public Service would seek Council approval for the additional funds. ODOT opened bids in May 2013 and additional City funding is needed to proceed with the project.
2. FISCAL IMPACT
The additional funding needed for the Department of Public Service’s portion of the project is $6,098.00. The total amount the City is contributing through the Department of Public Service is $62,088.00 ($55,990.00 (Ord. 0811-2013)) plus $6,098.00 (authorized by this ordinance). An amendment to the 2013 Capital Improvements fund is necessary for the purpose of providing sufficient spending authority for the aforementioned project expenditure.
3. EMERGENCY DESIGNATION
Emergency action is requested in order to meet ODOT’s construction schedule.
Title
To amend the 2013 Capital Improvement Budget, to authorize the City Auditor to transfer cash and appropriation between projects within the Public Service Build America Bonds Fund; to allow the Director of Public Service to enter into agreement with the Ohio Department of Transportation for ODOT’s FRA-317-0.34 (PID 79315) project; to authorize the expenditure of $6,098.00 from the Public Service Build America Bonds fund; and to declare an emergency. ($6,098.00)
Body
WHEREAS, the City has partnered with the Ohio Department of Transportation order to construct improvements on SR 317 over Big Walnut Creek ((FRA-317-0.34, PID 79315); and...
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