Explanation
1. BACKGROUND: This Ordinance authorizes the Public Utilities Director to enter into an agreement with and to authorize payment to the Ohio Department of Transportation (ODOT) for the Mound Street Connector Project (ODOT Project FRA-70-15.25, PID 94271). The total estimated construction cost for this project is $30,870,400.00 and the Division of Water’s estimated share is $179,530.00.
This project consists of installing approximately 1000 linear feet of 8 inch water line in Mound Street.
2. ECONOMIC IMPACT/ADVANTAGES; COMMUNITY OUTREACH; PROJECT DEVELOPMENT; ENVIRONMENTAL FACTORS/ADVANTAGES OF PROJECT: The goal of this project is to install a new 8-inch water line along Mound Street which will reinforce the existing water distribution system in the downtown area. This project could improve economic development resulting from the availability of water along a section of a street that does not currently have water.
This agreement consists of the City committing to pay an estimated amount as prepared by the Ohio Department of Transportation, Office of Estimating; that the total cost and expenses of the project are only an estimate and may be adjusted by the State; that the City agrees that change orders and extra work contracts may be required to fulfill the construction contract and shall be processed as needed; and that the State shall not approve a change order or extra work contract until it gives notice, in writing, to the City.
3. EMERGENCY DESIGNATION: ODOT anticipates construction to begin on July 29, 2013 and to be completed on October 30, 2014. To meet ODOT scheduled sale date of May 23, 2013, the Division of Water needs to submit payment to the agency no later than May 10, 2013.
4. FISCAL IMPACT: The Division of Water’s cost of construction for this project is estimated at $179,530.00. Once the project is complete, any remaining funds from the water lien portion will be returned to the City.
A transfer of funds will be needed wit...
Click here for full text