Explanation
1. BACKGROUND
This legislation authorizes payment for utility relocation work as needed by American Electric Power, Columbia Gas of Ohio, and other utilities (or companies hired by utilities to perform utility relocation work) for the Roadway Improvements - Hamilton Road Extension from Central College to Walnut project in an amount up to $200,000.00.
The Department of Public service is engaged in the Roadway Improvements - Hamilton Road Extension from Central College to Walnut Road project. Phase 1 of the project will build a 3-lane roadway to Site Drive 3, an intersection with a private drive approximately 1000' north of Central College Road. The roadway will remain uncurbed and the typical section will accommodate future widening of the road to a 5-lane section. Construction will also include sidewalk, street lighting, stormwater controls, and a right-in, right-out approximately 300' north of Central College Road. The intersection of Hamilton Road and Central College Road will become 4-way stop controlled.
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 utilities relocation reimbursement is based upon estimates from the utilities. The utilities will invoice the City for actual costs incurred in relocating the utilities. The amount needed may exceed the amount requested in this ordinance. Additional legislation will be submitted by the Department of Public Service if additional funds are needed to complete the relocations.
2. FISCAL IMPACT
Funding for this expense is available within Fund 7442, the Ulry Central College TIF Fund. The $200,000.00 needed for this expenditure will need to be appropriated and an amendment to the ...
Click here for full text