Explanation
1. BACKGROUND
This ordinance authorizes payment for utility relocation work as needed by American Electric Power, AT&T, Spectrum (aka Charter Communications), Verizon, and other utilities (or companies hired by utilities to perform utility relocation work) for the North Market Streetscape - Utility Relocation Design project in an amount up to $4,700,000.00.
The Public Service Department is engaged in the North Market Streetscape - Utility Relocation Design project. This project consists of the relocation of public utilities in the Arena and Convention Center Districts. Existing aerial facilities will be relocated underground on Vine Street, Spruce Street, Park Street, and Swan Street. A joint user duct bank system will be installed to relocate private utilities underground. Improvements also include the replacement of water main in Armstrong Street and Park Street, resurfacing, replacing sidewalks, and street lights.
In the course of effecting roadway improvements, it is sometimes necessary to force the relocation of utilities from privately held easements or place overhead utilities underground to promote public health, safety and welfare including the economic development of the City. It is necessary to move utilities to complete this project.
The funding request for utilities relocation reimbursement is based upon estimates from the utilities. The utilities will invoice the City for actual costs incurred in relocating the utilities. The amount needed may exceed the amount requested in this ordinance. Additional legislation will be submitted by the Department of Public Service if additional funds are needed to complete the relocations.
2. FISCAL IMPACT
Funding in the amount of $4,700,000.00 is available within the Streets and Highways Bond Fund within the Department of Public Service. An amendment to the 2023 Capital Improvements Budget and a transfer of funds and appropriation are necessary to align funding for these project expend...
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