Explanation
1. BACKGROUND
This ordinance authorizes the Director of the Department of Public Service to enter into agreements with and provide funding to the Ohio Department of Transportation (ODOT) for the FRA-70-22.85 (Far East Freeway Phases 2&3) project, PID 98232.
The aforementioned effort encompasses various improvements including: installing additional westbound lanes on I-70, reconstructing the I-70 WB to I-270 NB ramp, and upgrading the I-70/Brice Road interchange.
Ordinance 1707-2023 previously authorized the Director of Public Service to grant consent and propose cooperation with ODOT relative to the FRA-70-22.85 (Far East Freeway Phases 2&3) project, PID 98232. The purpose of this legislation is to enable the Department of Public Service to satisfy its administrative and financial obligations related to that effort by authorizing: 1) the execution of a contribution agreement or other instrument, and any amendments or modifications thereto, between the Department of Public Service, acting through its director, and ODOT, and 2) the encumbrance and expenditure of up to $5,000,000.00 to support completion of the project.
2. FISCAL IMPACT
Funding in the amount of up to $5,000,000.00 is available within the Streets and Highways Bond Fund within the Department of Public Service to support the local share of estimated construction costs; however, the final cost to the City may vary based on the results of the competitive bidding process administered by ODOT. An amendment to the 2023 Capital Improvement Budget is necessary for the purpose of providing sufficient spending authority for the aforementioned expenditure.
3. MINORITY AND WOMAN OWNED BUSINESS ENTERPRISE & SMALL LOCAL BUSINESS ENTERPRISE PROGRAM
ODOT is a political subdivision of the State of Ohio. As such, City of Columbus MBE/WBE/SLBE program requirements are not applicable.
4. EMERGENCY DESIGNATION
Emergency action is requested to enable the Department of Public Service to execute an...
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