Explanation
1. BACKGROUND:
This legislation will authorize the Director of Public Utilities accept Clean Ohio Grant in the amount of $953,696.00 and enter into an agreement with the State of Ohio, Ohio Public Works Commission for the acquisition of land and the purchase of a conservation easement along the east shore of the Hoover Reservoir, to authorize an appropriation of $953,696.00 and to declare an emergency.
The Clean Ohio grant has been awarded to the Department of Public Utilities for the fee simple purchase of 28.98 acres of land directly adjacent to Hoover Reservoir and the purchase of a conservation easement on an additional 8 acres of land adjacent to Hoover Reservoir. This action will protect the raw water supply by protecting the steeply sloped natural buffer along the banks of Hoover in the Twin Bridges Area. The award amount is $953,696. The City's match requirement is $317,000 and will come from the Water Build America Bonds fund.
Protecting the easily erodable, steep slopes along Hoover Reservoir is important to protect the quality of the City of Columbus' raw water source. The grant funding will allow for the fee simple purchase of 28.98 acres of land and the placement of a conservation easement on an additional 8 acres of steep sloped banks along Hoover Reservoir.
2. EMERGENCY:
The grant award has been offered to the Department of Public Utilities and it is immediately necessary to accept the grant and appropriate the funds. The Department of Public Utilities is requesting City Council to deem this legislation an emergency measure to allow the Director to enter into the grant agreement as soon as possible .
3. FISCAL IMPACT:
There is a $317,000.00 match requirement for this grant. These matching funds will come from the Water Build America Bonds Fund, via internal transfer. This Ordinance also requests the authority for the City Auditor to appropriate the proceeds of said grant for purposes of fundin...
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