Explanation
1. BACKGROUND
The City of Columbus is currently engaged in the Roadway Improvements - Emerald Parkway/Tuttle Crossing Blvd - Rings Road Project. This Project involves widening .49 miles of Emerald Parkway to five lanes from Tuttle Crossing Boulevard to Rings Road. The Project will also include a raised median, curb and gutter, roundabouts, street lighting, shared use path, and sidewalk.
The City Attorney's Office, Real Estate Division filed necessary complaints for the appropriation of fee simple title and lesser interests for lawsuits on Parcels 1-6. Legislation that authorized the expenditure of $633,410.00 was passed in (Ordinance 1142-2011) deposited with the Franklin County Clerk of Courts for lawsuits. Parcel 3 original value of fee simple title was $149,000.00 and settled for $103,985.00 leaving $45,015.00.
An additional $853,463.53 for the City Attorney's Real Estate Division staff costs and expenses, to acquire fee simple title and lesser interests, contract for professional services, and to expend the monies for payment of acquisition costs in connection with this project. The following legislation authorizes the expenditure of $853,463.53 for this purpose.
2. FISCAL IMPACT
The amount of $633,410.00 was authorized by ordinance 1142-2011 to file complaints for appropriation of fee simple title. It is necessary to cancel the amount of $45,015.00 from that Auditor's Certificate AC032716 and make these funds available for acquisition expenses for this project. $808,448.53 is budgeted and available within the Streets and Highways G.O. Bonds Fund.
3. EMERGENCY DESIGNATION
To keep this project on schedule it is essential the City Attorney's Office, Real Estate Division continue their acquisition activities and that they be authorized to expend those funds necessary to complete both the original and the additional acquisitions as soon as possible.
Title
To authorize the City Auditor to cancel a previously establishe...
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