Explanation
BACKGROUND: The City’s Department of Public Utilities (“DPU”) is engaged in acquiring real estate for the Barnett Road Stormwater System Improvements (Project No. 611040-100000) (“Public Project”). The City must acquire in good faith and accept certain fee simple and lesser real estate located in the vicinity of Barnett Road from Fulton Street to Main Street (collectively, “Real Estate”) in order for DPU to complete the Public Project. Accordingly, DPU requested the City Attorney to acquire the Real Estate in good faith and contract for associated professional services (e.g. surveys, title work, appraisals, etc.) in order for DPU to timely complete the Public Project.
CONTRACT COMPLIANCE: Not applicable.
FISCAL IMPACT: This legislation authorizes the transfer within of $275,000.00 and the expenditure of up to $300,000.00 from the Storm Sewer Bond Fund 6204. An amendment to the 2020 Capital Improvement Budget is required in order to align the authority with the expenditure.
EMERGENCY JUSTIFICATION: Not applicable.
Title
To authorize the City Attorney to spend City funds to acquire and accept in good faith certain fee simple and lesser real estate located in the vicinity of Barnett Road from Fulton Street to Main Street, and contract for associated professional services in order for the Department of Public Utilities to timely complete the acquisition of Real Estate for the Barnett Road Stormwater System Improvements; to transfer up to $275,000.00 within and expend up to $300,000.00 from the Storm Sewer Bond Fund; and to amend the 2020 Capital Improvement Budget. ($300,000.00)
Body
WHEREAS, the City intends to improve the stormwater infrastructure in the vicinity of Barnett Road from Fulton Street to Main Street by allowing the Department of Public Utilities (“DPU”) to engage in the acquisition of Real Estate for the Barnett Road Stormwater System Improvements (Project No. 611040-100000) (“Public Project”); and
WHEREAS, the City intends f...
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