Explanation
BACKGROUND: This legislation authorizes the transfer of funds from the Special Income Tax (SIT), and authorizes the Director of Public Utilities to reimburse the Franklin County Engineer for the City of Columbus' share of electric work for the Morse Road and Wilson Road projects. The City of Columbus has partnered with the Franklin Engineer on several significant roadway improvement projects in recent years. In these cases, the County Engineer has been the lead agency in executing the roadway improvements, with the City agreeing to participate in the cost of the projects through consent legislation passed earlier.
The County paid for the installation of street lights on Wilson Road from I-70 west to Trabue Road and on Morse Road from Trindle Way to Cleveland Avenue, under separate Franklin County Roadway Improvements projects. Both Wilson Road and Morse Road run in and out of the City of Columbus Corporation Limits. Therefore, the Transportation Division agreed to pay for street lights installed within the city limits and the Division of Electricity agreed to pay for the street lights installed outside the city limits. The Franklin County Engineer has invoiced the Division of Electricity in the amount of $142,261.37 for the Wilson Road street lights and $229,035.31 for the Morse Road street lights. An additional $6,000 is requested for the Morse Road project to pay for safety upgrades the Division of Electricity required the Contractor to make.
FISCAL IMPACT: Funding from the Special Income Tax (SIT) fund is a temporary measure until the next bond sale occurs, at which point the SIT will be reimbursed.
Emergency action is requested in order that the financial transactions may be completed and Franklin County Engineer paid in a timely manner.
Title
To authorize and direct the City Auditor to transfer $377,296.68 from the Special Income Tax Fund to the Voted Street Lighting and Electricity Distribution Improvements Fund; ...
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