Explanation
1. BACKGROUND
The following legislation authorizes the City Attorney's Office, Real Estate Division to hire professional services and to negotiate with property owners to acquire the various property rights necessary to complete the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1 project.
Improvements to Morse Road, designated as the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1 project, will directly benefit parcels within the Preserve Incentive District, located within Community Planning Area 04, also known as the Rocky Fork-Blacklick Area.
Ordinance No. 1643-2013 authorized initial right-of-way acquisition funding for this project, in the amount of $65,000.00, and passed July 15, 2013. It is now necessary for the City Attorney's Office to expend an additional $10,000.00 in order to pay for costs relative to the acquisition of right-of-way necessary for the project.
2. FISCAL IMPACT
Funding is available in Fund 772 Northeast Corridor/Pay as We Grow. The estimated total cost for additional right-of-way acquisition is $10,000.00.
3. EMERGENCY DESIGNATION
Emergency action is necessary to provide right-of-way acquisition funding requested to prevent unnecessary delays in the Departments of Public Service's Capital Improvement Program.
Title
To authorize the City Attorney to acquire fee simple title and lesser interests, contract for professional services, to authorize the appropriation of $10,000.00 from the unappropriated balance in the Northeast Corridor/Pay as We Grow Fund 772; and to expend $10,000.00 from the Northeast Corridor/Pay as We Grow Fund for costs in connection with the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1 project; and to declare an emergency. ($10,000.00).
Body
WHEREAS, on December 12, 2005, Columbus City Council passed Ordinance 2117-2005 which established ten tax increment financing (TIF) incentive d...
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