Explanation
Background: The City of Columbus Transportation Division is engaged in the Norton Road Improvement project. American Electric Power Company needs to perform additional utility relocation work on this project. This legislation authorizes payment for work based on an estimated cost of up to $88,066.00 to relocate overhead and underground facilities.
City Council authorized an agreement with the Ohio Department of Transportation for the construction of the Norton Road Improvement project by Ordinance 2176-2004 passed February 14, 2005.
Fiscal Impact: The Transportation Division budgeted $512,772 in the 2004 Capital Improvements Budget (CIB) for Utility Relocation Reimbursement. Approximately $106,000 has been expended or encumbered to date for Utility Relocation Reimbursement from the 2004 CIB. This ordinance authorizes an expenditure of $88,066.00 for Utility Relocation Reimbursement. Funding for this project will be supplied by the Ohio Department of Transportation (80 percent) and the City (20 percent). The City's share of the utility relocation expense is $17,613.20 (20 percent of $88,066.00). Ultimately, the State will reimburse the difference ($70,452.80) to the City. Monies for this purpose are budgeted and available within the Transportation Division's 2004 Capital Improvements Budget in the 1995, 1999 Voted Streets and Highways Fund, Utility Relocation Reimbursements project. This ordinance transfers the City's share of the expense from this Fund to the Federal State Highway Engineering Fund where the entire amount (State and City shares) is appropriated and authorized for expenditure.
Emergency action is requested to allow immediate expenditure of the necessary funds so that relocation may commence as soon as possible.
Title
To authorize the transfer of $17,613.20 from the 1995, 1999 Voted Streets and Highways Fund to the Federal State Highway Engineering Fund; to authorize the appropriation of $88,066.0...
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