Explanation
1. BACKGROUND
This legislation authorizes payment for utility relocation work by American Electric Power, Suburban Natural Gas, Deleware Properties LLC, or companies hired by utilities to perform utility relocation work, for the Roadway - Polaris Pkwy - Gemini Place to South Old St Rd project in an amount up to $130,950.59.
The Public Service Department is engaged in the Roadway - Polaris Pkwy - Gemini Place to South Old St Rd project. This contract includes the widening of northbound Polaris Parkway to three lanes from Gemini Place to approximately 1000’ south of South Old State Road and widening of southbound Polaris Parkway to three lanes from Antares Avenue to approximately 67‘ west of Antares Avenue. The project will also widen eastbound Antares Avenue to four lanes to include a 210’ right turn lane at the intersection of Polaris Parkway. Work includes full depth pavement widening, resurfacing in widening areas, curb and gutter, sidewalk, drive reconstructions, new storm sewer, ditches, and culverts, updated lighting, and a new signal at the intersection of Polaris Parkway and Antares Avenue.
In the course of effecting roadway improvements, it is sometimes necessary to force the relocation of utilities from privately held easements or place overhead utilities underground to promote public health, safety and welfare including the economic development of the City. It is necessary to move utilities to complete this project.
The funding request for this utilities relocation reimbursement is based upon actual costs incurred in relocating the utilities.
N.P. Capital Management Corp. deposited $3,904,562.36 with the City Treasurer to support the performance of these services. Ordinances 2622-2020 and 1909-2023 authorized the execution of a Construction Reimbursement Agreement for this project.
2. FISCAL IMPACT
Funding for this expense is available within Fund 7766, the Street and Highway Non-Bond Fund. Funds will need to be appropriated
3. EME...
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