Explanation
Background: The City of Columbus is engaged in the Short Street Improvement project. The purpose of this project is to reconstruct Short Street from Sycamore Street to Mound Street. Initial funding for this project in the amount of $300,000.00 established pursuant to Ordinance 1927-1999 allowed the City Attorney's Office, Real Estate Division, to hire professional services and begin acquisition of necessary rights-of-way. Acquisition-related activities were suspended in 2000 while preliminary plans for the Brewers Yard development were completed. At this time the Public Service Department, Transportation Division, and the City Attorney's Office, Real Estate Division would like to reactivate this project. Additional funding in the amount of $1,100,000.00 has been requested for acquisition of fee simple title and lesser interests in and to property needed for this project and related acquisition activities. This legislation authorizes the City Attorney to expend an additional $1,100,000.00, or so much thereof as may be necessary for this project.
Fiscal Impact: The Transportation Division budgeted $1,750,000 in the 2004 Capital Improvements Budget for the Short Street Extension. Additional acquisition-related expenses are currently estimated to be $1,100,000.00 for this project. This ordinance authorizes an additional $1.1 million in the Transportation Division's 1995, 1999 Voted Streets and Highways Fund, miscellaneous development project.
Emergency action is being requested to allow right-of-way acquisition-related activities previously suspended by the City to be reactivated by the City Attorney's Office Real Estate Division so that construction of this improvement project can begin without delay.
Title
To authorize the City Attorney to expend an additional $1,100,000.00 for acquisition-related activities including the acquisition of fee simple title and lesser interests in and to property needed for the Short Street Improve...
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