Explanation:
The City of Columbus is engaged in the development and lease of retail structures on the bridge platforms being constructed to span over I-670 along the East and West sides of North High Street. As a part of this project, and pursuant to Ordinance 1268-02, passed July 29, 2002, the City has entered into an agreement with 670 CAP Partners, Ltd. to install sewer and water utility lines to service this development and to expend a maximum of $325,000.00 for this purpose.
Fiscal Impact:
This legislation authorizes the Director of Public Service to enter into agreements for the expenditure of $325,000.00 from the 1995, 1999 Voted Street and Highway Fund for the extension of city sewer and water utility lines to serve the improvements of 670 CAP Partners Ltd. over I-670.
Emergency Justification:
Emergency action is requested to allow immediate expenditure of the necessary funds.
Title
To authorize the Director of Public Service to enter into agreements for the expenditure of $325,000.00 from the 1995, 1999 Voted Street and Highway Fund to pay for the extension of city sewer and water utility lines to serve the improvements of 670 CAP Partners Ltd. over I-670 for the Transportation Division, and to declare an emergency. ($325,000.00)
Body
WHEREAS, the city is engaged in the development and lease of retail structures on the platforms currently being constructed to span over I-670 along the east and west sides of North High Street with 670 CAP Partners Ltd, and
WHEREAS, the City entered into an agreement with CAP Partners Ltd., pursuant to Ordinance 1268-02, passed July 29, 2002, that obligates the City to design and construct water and sewer utility lines to service this development and to expend an amount not to exceed $325,000.00 in doing so, and
WHEREAS, the design and construction of these sewer and water utility lines was accomplished through a combination of means, and required effort and/or expense on the part of the Ohio Department of Transportation, the Division of Water, the Division of Sewerage and Drainage, and the Division of Transportation, and
WHEREAS, these parties are seeking reimbursement against their expense for this work in an amount not to exceed $325,000.00, and
WHEREAS, an emergency exists in the usual daily operation of the Public Service Department in that it is immediately necessary to authorize the expenditure of the funds required to allow the City to reimburse the Ohio Department of Transportation, the Division of Water, the Division of Sewerage and Drainage, and the Division of Transportation for the design and construction of these utility lines to service the 670 CAP Partners, Ltd's. improvements for the immediate preservation of the public health, peace, property, safety and welfare; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Public Service Director be and is hereby authorized to enter into agreements to expend those funds necessary to design and construct water and sewer utility lines to service the improvements of 670 CAP Partners Ltd.
Section 2. That for the purpose of paying for said costs the sum of $325,000.00, or so much thereof as may be necessary is hereby authorized to be expended from the 1995, 1999 Voted Street and Highway Fund, fund 704, for the Transportation Division, Dept./Div. 59-09, OCA Code 644385, Object Level Three 6631 and project 590106.
Section 3. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor or ten days after passage if the Mayor neither approves nor vetoes the same.