City of Columbus - File #: 1684-2005

• File #: 1684-2005
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/4/2005
• In control: Public Service & Transportation Committee
• On agenda: 12/12/2005
• Final action: 12/14/2005
• Title: To authorize the Public Service Director to modify and increase the existing agreement with the Ohio Department of Transportation; NP Limited Partnership, an Ohio Limited Partnership; and Polaris Ventures IV, Limited, to provide for emergency paving on portions of Polaris Parkway adjacent to the Interstate 71/Polaris Parkway Interchange; to authorize the Public Service Director to pay second half 2004 property tax billings for two project-related real estate parcels; to authorize the expenditure of $501,529.50 or so much thereof as may be necessary for this purpose from the 1995, 1999 Voted Streets and Highways Fund for the Transportation Division; and to declare an emergency. ($501,529.50)

Date	Ver.	Action By	Action	Result
12/14/2005	1	MAYOR	Signed
12/14/2005	1	ACTING CITY CLERK	Attest
12/12/2005	1	Columbus City Council	Approved	Pass
12/12/2005	1	COUNCIL PRESIDENT	Signed
11/25/2005	1	Service Drafter	Sent to Clerk's Office for Council
11/22/2005	1	CITY AUDITOR	Reviewed and Approved
11/22/2005	1	CITY AUDITOR	Reviewed and Approved
11/21/2005	1	EBOCO Reviewer	Reviewed and Approved
11/21/2005	1	ODI DIRECTOR	Reviewed and Approved
11/21/2005	1	SERVICE DIRECTOR	Reviewed and Approved
11/21/2005	1	CITY ATTORNEY	Reviewed and Approved
11/21/2005	1	SERVICE DIRECTOR	Reviewed and Approved
11/17/2005	1	Finance Reviewer	Reviewed and Approved
11/17/2005	1	FINANCE DIRECTOR	Reviewed and Approved
11/17/2005	1	SERVICE DIRECTOR	Reviewed and Approved
11/2/2005	1	SERVICE DIRECTOR	Reviewed and Approved
10/4/2005	1	Service Drafter	Sent for Approval
10/4/2005	1	Service Reviewer	Reviewed and Approved

Explanation
The City of Columbus, in conjunction with the Ohio Department of Transportation (ODOT); NP Limited Partnership, an Ohio Limited Partnership; and Polaris Ventures IV, Limited, is currently undertaking a roadway improvement project to reconstruct the interchange of Interstate 71 and Polaris Parkway and construct a new interchange at Interstate 71 and Fashion Mall Parkway. These improvements are necessitated by the tremendous increase in vehicular traffic generated by the adjacent amphitheater, retail, and commercial developments.

ODOT is the lead agency for this project and is responsible for bidding and administering construction contracts. The City's original cost of these interchange improvements was $27,600,000.00. ODOT is responsible for right-of-way and environmental clearances, utility relocation and permit procurement. NP Limited Partnership provided free and clear title to approximately 23 acres of real estate needed for the improvement without compensation. An agreement with ODOT to this end was authorized by Ordinance 0734-2004 passed by City Council April 19, 2004. The City funded its share fo the project cost through a tax incremental financing (TIF) package financed from taxes generated/to be generated within the specifically-designated TIF district.

This ordinance authorizes the Public Service Director to modify and increase this agreement by $500,000.00 to provide for the emergency paving of Polaris Parkway immediately adjacent to the previously established work area, including extra paving and the installation of deep under drains. The limits of this modification are Polaris Parkway between Lyra Drive and Interstate 71 on the west and between Interstate 71 and Old Worthington Road on the east. ODOT will execute a contract modification for this purpose with Kokosing Construction Company, its contractor.

This ordinance also authorizes the Public Service Director to expend $1,529.50 for second half 2004 property taxes i...