Explanation
1. BACKGROUND
The following ordinance authorizes the City Attorney's Office, Real Estate Division to hire professional services (e.g. surveys, title work, appraisals, etc.) and to negotiate with property owners to acquire the various property rights necessary to complete the Bikeway Development - Georgesville Road Shared Use Path - Parkwick Drive to Sullivant Avenue project in the Greater Hilltop Planning Area (53).
The Department of Public service is engaged in the Bikeway Development - Georgesville Road Shared Use Path - Parkwick Drive to Sullivant Avenue project. The project will establish a hire & acquire fund that will be used by the City Attorney's Office, Real Estate Division, to acquire right of way needed for installation of a shared use path along the east side of Georgesville Road from Parkwick Drive to Sullivant Avenue as well as a walkway along the north side of Parkwick Drive and select locations along the west side of Georgesville Road within the City of Columbus.
The cost to acquire the right-of-way needed to complete the project is estimated at $300,000.00. If the cost to acquire the needed right-of-way should exceed this estimate, additional legislation will be submitted to Council requesting the needed funding.
The Department of Public service is currently finalizing construction plans and is prepared to authorize right-of-way acquisition pending passage of this funding legislation.
2. FISCAL IMPACT
Funds in the amounts of $300,000.00 are budgeted and available for this project in Fund 7704, the Streets and Highways Bond Fund. An amendment to the 2024 Capital Improvements Budget is necessary for the purpose of providing sufficient spending authority for the aforementioned project expenditure.
Title
To amend the 2024 Capital Improvement Budget; to authorize the City Attorney's Office, Real Estate Division, to contract for professional services relative to the acquisition of fee simple title and lesser interests in and ...
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