Explanation
Background:
EMH&T recently constructed a new office facility costing over $12 million on New Albany Road. This development and other nearby developments have caused a significant increase in traffic. Rush hour congestion could be partially controlled by the installation of a new traffic signal at Walton Parkway. The total infrastructure investment for this improvement will be $270,000. The Ohio Roadwork Development Account (629) Funds can pay for these types of improvements. This legislation authorizes the Director of the Department of Development to make application to this State of Ohio grant fund.
Fiscal Impact:
There are no costs to the City of Columbus associated with applying for Roadwork Development Account grants. If the application is approved by the State, the City of Columbus will receive up to $270,000 for the installation of a new traffic signal on New Albany Road.
Title
To authorize and direct the Director of the Columbus Department of Development to apply to the Ohio Department of Development Roadwork Development Account for grant assistance in an amount up to $270,000 for the installation of a new traffic signal at New Albany Road and Walton Parkway.
Body
WHEREAS, the State of Ohio Department of Development offers a Roadwork Development (629) Account to fund roadway improvements that will create new or retain existing jobs; and
WHEREAS, EMH&T has consolidated its offices and moved from Gahanna to one location in Columbus; and
WHEREAS, with EMH&T's 414 new and existing jobs and over 1,200 existing jobs in this corridor a new traffic signal will be necessary; and
WHEREAS; the Director of the Columbus Development Department must be authorized to apply for grant funds, now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Development be and is hereby authorized and directed to apply to the Ohio Department of Development ...
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