Explanation
1. BACKGROUND:
This legislation authorizes the Director of Public Utilities to reimburse Franklin County Public Facilities Management for the design, installation and all related costs associated with the relocation of the City's electric lines for the New Courthouse Project. Franklin County Public Facilities Management agreed to incorporate these costs in their Common Pleas Courthouse Construction Project Contract. In an effort to facilitate downtown construction efforts being performed by the City of Columbus and Franklin County, a Memorandum of Understanding (MOU) was executed in May 2008. This MOU focused on the efforts and responsibilities of both parties associated with the installation of the County's Courthouse temporary and permanent electrical service lines.
2. FISCAL IMPACT:
This legislation includes a transfer of funds within the Electric Build America Bonds Fund.
Title
To authorize the Director of Public Utilities to reimburse Franklin County Public Facilities Management for the design, installation and all related costs associated with the relocation of the City's electric lines, in coordination with Franklin County Public Facilities Management's Common Pleas Courthouse Construction Project; to authorize the transfer of $294,246.90 within the Electric Build America Bonds Fund; and to authorize the expenditure of $553,298.70 from the Electric Build America Bonds Fund, for the Division of Power and Water (Power). ($553,298.70)
Body
WHEREAS, Franklin County Public Facilities Management, incorporated the design, installation and all related costs associated with the relocation of the City's electric lines into the Common Pleas Courthouse Construction Project; and
WHEREAS, in an effort to facilitate downtown construction efforts being performed by the City of Columbus and Franklin County, a Memorandum of Understanding (MOU) was executed in May 2008; and
WHEREAS, the MOU focused on the efforts and respons...
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