Explanation
1. BACKGROUND
The following legislation will establish a contingency fund that will be used by the City Attorney's Office, Real Estate Division, to acquire miscellaneous small parcels of right-of-way needed for the successful completion of various Public Private Partnership (3P) projects throughout the City.
The Department of Public service is engaged in various 3P projects throughout the City. These projects can include widening of roadways, installing turn lanes at intersections, constructing sidewalks, and installing new traffic signals.
Small parcels of right-of-way may need to be acquired to complete these projects. This ordinance establishes a fund of $25,000.00 to be used to acquire these small parcels.
2. FISCAL IMPACT
Funds in the amount of $25,000.00 are available for this need in Fund 7704, the Streets and Highways Bond Fund. An amendment to the 2019 Capital Improvements Budget is necessary for the purpose of providing sufficient spending authority for the proper project. A transfer of cash between projects within Fund 7704 is necessary to establish sufficient cash in the proper project.
3. EMERGENCY DESIGNATION
Emergency action is requested to provide necessary right-of-way acquisition funding and prevent unnecessary delays in the Department of Public Service's Capital Improvement Program.
Title
To amend the 2019 Capital Improvement Budget; to authorize the City Auditor to transfer funds between projects within the Streets and Highways Bond Fund; to authorize the City Attorney's Office to contract for professional services relative to the acquisition of fee simple title and lesser interests in and to property needed for various Public Private Projects around the City; to authorize the City Attorney's Office to negotiate with property owners to acquire the additional rights of way necessary to complete these projects; to authorize the expenditure of up to $25,000.00 from the Streets and Highways Bond Fund; and to dec...
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