Explanation
1. BACKGROUND
The City of Columbus is engaged in the Hilliard-Rome Road construction project. Construction is anticipated to begin in mid 2010 and be completed by the end of 2012. This project includes the addition of three (3) new traffic lanes, sidewalks, tree lawns and bike lanes. This legislation authorizes payment for utility relocation work by American Electric Power (CC#: 31-4154203, expires: 11/26/09), Columbia Gas(CC#31-0673990, expires 10/23/10), AT&T(CC#: 36-3264367, expires: 8/18/10), and other utilities in an amount up to $3,500,000.
2. FISCAL IMPACT
Funding for this project will be supplied by the Ohio Department of Transportation (80%) and the City (20%). The City's share of the utility relocation expense is $700,000.00 ($3,500,000.00 x .20). Ultimately, the state will reimburse the difference ($2,800,000.00) to the City. Funds for this purpose are available within the Streets and Highways GO Bonds Fund due to cancellations of encumbrances from completed projects. This ordinance transfers funds in the amount of $700,000.00 within and from the Streets and Highways GO Bonds Fund to the Federal-State Highway Engineering Fund; appropriates funds within the Federal-State Highway Engineering Fund and then authorizes the expenditure of $3,500,000.00 from the Federal-State Highway Engineering Fund.
3. EMERGENCY DESIGNATION
Emergency action is requested as a timely indication to ODOT of the City's commitment to this project.
Title
To amend the 2008 C.I.B.; to authorize the transfer of funds within and from the Streets and Highways GO Bonds Fund to the Federal-State Highway Engineering Fund; to appropriate $3,469,755.00 within the Federal-State Highway Engineering Fund; to authorize the Director of Public Service to expend $3,500,000.00 or so much thereof as may be needed to American Electric Power, Columbia Gas, AT&T and other utilities for utility relocation work in conjunction with the Hilliard-Rome Road Improvement proj...
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