Explanation
Initial funding for acquisition related activities for the Riverview Drive Improvement project, in the amount of $123,000.00, was established pursuant to Ordinance 0385-2005 (AC024225) and additional funding, in the amount of $45,000.00, was authorized pursuant to Ordinance 0688-2006 (AC025724). At this time the City of Columbus is completing the acquisition of right-of-way for this project and these funds have been spent. The City Attorney's Office, Real Estate Division, filed a complaint in Franklin County, Ohio, Common Pleas Court (Court Case 06CVH-11-14561) for the acquisition of Parcel 19 WD, T and placed $11,793.00 (the appraised value of the WD and T parcels) on deposit with the Court. The City Attorney's Office and the property owner have reached an agreement regarding the City's purchase of these rights-of-way. Additional funding, in the amount of $10,000.00, is now needed to pay settlement, court and miscellaneous other acquisition costs for Parcel 19.
Fiscal Impact: The following legislation authorizes the City Attorney to expend $10,000.00, or so much thereof as may be necessary, to pay for settlement, court and miscellaneous other acquisition related costs for Parcel 19 of the Riverview Drive Improvement project. Monies to pay for these costs are available in the Streets and Highway Improvement Fund.
Emergency action is requested so the settlement fees can be deposited with the Court and acquisition of the additional rights-of-way needed for this project can be completed without delay.
Title
To authorize the City Attorney to expend $10,000.00 for payment of settlement, court and miscellaneous other right-of-way acquisition costs associated with Parcel 19 of the Riverview Drive Improvement project from the Streets and Highway Improvement Fund; and to declare an emergency. ($10,000.00)
Body
WHEREAS, initial funding for acquisition related activities for the Riverview Drive Improvement project, in the amount of...
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