Explanation
Background: In order to bring the Dublin Road Water Plant (DRWP) into compliance with Ohio EPA regulations, increase capacity, and improve operational reliability, the Department of Public Utilities (DPU) will need to complete five sequential construction projects. The first of these construction projects is the Dublin Road Water Plant Treatment Capacity Increase Project (#690428-100002) which necessitates construction of additional parking within the flood plain and requires retention of storm water run-off. In order to economically meet floodplain regulations, compensatory storage must be obtained in the floodplain. Acquisition of an additional 4.15 acres of land by March 13, 2013 will allow DPU to avoid the costly construction of a below ground storm water retention system and may facilitate the design and location of future site improvements and security. The necessary additional acreage within the floodplain is available from ODOT and is located adjacent to the front property line of DRWP.
As part of ODOT’s 1-70/71 Columbus Crossroads Project, a portion of the City’s property at 240 Parsons Avenue needs to be converted to public right of way. ODOT also needs temporary construction easements on the property. The construction will result in the destruction of some improvements which will not be replaced by ODOT.
The Department of Finance and Management, Real Estate Management Office, and the City Attorney’s Real Estate Division have negotiated an agreement with ODOT to transfer the required 4.15 acres of ODOT property (valued in a range of up to $742,000) in exchange for the compensation due the City for the land and improvements at 240 Parsons Avenue which are valued at $600,000.00. Although no money will be exchanged between ODOT and the City in order to properly account for funding of the exchange, it is necessary that the Division of Water transfer $600,000.00 from Capital Improvement Project #690428-100002 to the City’s General ...
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