Explanation
BACKGROUND: CSX Intermodal (CSXI) is investigating the potential for locating and constructing a new, larger intermodal facility to accommodate projections of substantial growth in CSXI's business in Ohio and Mid-America markets. CSXI, a subsidiary of CSX Corporation, currently operates, and is at capacity, at a Columbus-based intermodal facility (known as Buckeye Yard) located on the Westside of the city.
After considering various alternatives, the company is now focused on a 140-acre location adjacent to CSXI's existing rail facility located at Parsons Yard, in south Columbus (generally at the intersection of Groveport Road and State Highway 104). The facility would serve as a terminal for the receiving and departure of domestic and international containers and highway trailers that are moved via rail throughout CSXI's nationwide network, serving both domestic and international customers. The principal commodities moved are consumer goods and parcels.
This Legislation authorizes the Director of the Department of Development to enter into a contract with CSX Intermodal for a traffic study. The legislation also authorizes the appropriation of $15,000 and the expenditure of $15,000 to engage the services of CSXI to plan, manage and execute a traffic study near the Groveport Road and Rt. 104 area.
Emergency legislation is requested to allow the traffic study to be implemented and completed in a timely manner.
FISCAL IMPACT: Funding for this contract will consist of $15,000 from the Jobs Growth Fund.
Title
To authorize the appropriation of $15,000 within the Jobs Growth Fund to the Department of Development; to authorize the Director of the Department of Development to enter into an agreement with CSX Intermodal to plan, manage and execute a traffic study near the Groveport Road and Rt. 104 area; to authorize the expenditure of $15,000 from the Jobs Growth Fund; and to declare an emergency. ($15,000)
Body
WHEREAS, CS...
Click here for full text