...Explanation
BACKGROUND:
The City, in cooperation and partnership with OhioHealth Corporation, an Ohio nonprofit corporation, is engaged in the design and construction of public improvements in the vicinity of North Broadway and Olentangy River Road, including but not limited to: CIP 441759-100000, (3386-E); CIP 441752-100000 (3401-E); CIP 441753-100000 (3402-E); CIP 441757-100000 (3403-E); CIP 441760-100000 (3404-E); CIP 441756-100000 (3391-E); CIP 441758-100000 (3406-E); CIP 441755-100000 (3405-E) (collectively, “Project”), as contemplated in an Economic Development Agreement dated March 20, 2017 and authorized by Ordinance Number 2237-2016. The Project involves a major redevelopment of existing public right-of-way as portions of State Route 315 right-of-way will be reconfigured including the removal of an existing northbound interchange ramp and the addition of a southbound new ramp. Pavement, sidewalks, shared use paths and utilities will be constructed on Olentangy River Road, West North Broadway, Thomas Lane, and two local roadways that connect Olentangy River Road to West North Broadway through the development area. The Project will require the City acquire and transfer various types of fee simple title and lesser real estate and enter into a number of agreements and instruments in order to complete the Project. Accordingly, authorizing the directors of the Department of Public Service (“DPS”), Department of Public Utilities (“DPU”) and Department of Recreation and Parks (R&P) to execute any documents, including but not limited to deeds, easements, license agreements, lease agreements, agreements, and any other type of instrument, necessary to transfer and acquire or release any fee simple title or lesser real estate and to enter into any agreements associated with the Project will allow for the timely and efficient completion of the Project.
CONTRACT COMPLIANCE:
Not applicable.
FISCAL IMPACT:
Not applicable.
EMERGENCY JUSTIFICATION:
Eme...
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