Explanation
This legislation authorizes the Public Service Director to reimburse the office of the Franklin County Engineer for provision of right-of-way acquisition, design and construction services for the Hayden Run Road/Cosgray Road intersection improvement project in the amount of $1,300,000.00. The work is designated as element HR-1 in the Memorandum of Understanding that was authorized by Ordinance 1433-2004 passed by City Council on November 22, 2004, that granted consent and proposed cooperation with the office of the Franklin County Engineer for right-of-way acquisition, design and construction services relating to the infrastructure improvements.
The project will provide new pavement and right-turn lanes in all directions at the intersection. A raised concrete median will extend up the north leg of the intersection. Construction will also provide curbs, gutters, sidewalks, lighting, signalization and curb ramps.
Fiscal Impact: The City will ultimately pay the Franklin County Engineer $2,300,000.00 for these improvements. This ordinance provides $1,300,000.00 with another $1,000,000.00 forthcoming from a future bond sale. $1,237,253.00 is currently available within the Pay As We Grow Northwest Corridor Area Fund and this ordinance appropriates, transfers and authorizes the expenditure of these funds. The balance needed, $62,747.00, has been identified within the 1995, 1999, 2004 Voted Streets and Highways Fund in the Roadway Improvement project from cancellation of an Auditor's Certificate (AC901906/001) that was established in 1999 for Polaris Parkway widening right-of-way acquisition that is no longer needed.
Emergency action is requested so that this project can proceed in a timely manner and keep commitments made to the local community.
Title
To appropriate $1,237,253.00 within the Pay As We Grow Northwest Corridor Area Fund; to authorize the City Auditor to transfer $748,695.00 between projects within this Fund; t...
Click here for full text