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File #: 1010-2008    Version:
Type: Ordinance Status: Passed
File created: 6/10/2008 In control: Public Service & Transportation Committee
On agenda: 6/23/2008 Final action: 6/25/2008
Title: To authorize the Public Service Director to submit applications for Round 23 of the Local Transportation Improvement Program and State Capital Improvement Program and to execute project agreement forms for approved projects for the Transportation Division on behalf of the City of Columbus, and to authorize the Finance and Management Director and City Auditor, as appropriate, to sign for funding use certification, local match availability, and to certify loan portion repayment; and to declare an emergency. ($0.00)
Explanation

The Mid-Ohio Regional Planning Commission (MORPC) is accepting Ohio Public Works Commission (OPWC) Round 23 applications for the Local Transportation Improvement Program (LTIP) and State Capital Improvement Program (SCIP) through September 8, 2008. MORPC serves in a staff support capacity to the District Three (Franklin County) Public Works Integrating Committee (PWIC).

OPWC requires that a designated official be authorized to submit said applications and execute project agreements for approved projects. Additionally, OPWC is required to award a minimum of 20% of the SCIP funding as a no interest 20-year loan; in order to make City applications more favorable, some of the applications may include a request for a no interest loan. Therefore, the applications and ensuing agreements may also require a signature from the Finance and Management Director and City Auditor, as appropriate, to sign for funding use certification, local match availability, and to certify loan portion repayment.

This legislation will authorize the Public Service Director to submit applications and to execute project agreements for approved projects. The legislation will also authorize the Finance and Management Director and City Auditor, as appropriate, to sign for funding use certification, local match availability, and to certify loan portion repayment.

Fiscal Impact: Approval of this legislation will provide an opportunity to secure funds for various projects. The approximate available funding to the District Three Public Works Integrating Committee is likely over $20,000,000.00, and it is to be awarded in the form of grants and loans. As a part of the application for grant funds, the City will apply for a maximum of $3,000,000 in loans as necessary to make the applications more favorable to OPWC and the City.

Based on population, the City of Columbus' share can be 40%, more or less, of the total amount available. Funds for the City's share of these progra...

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