Explanation
1.BACKGROUND
This legislation authorizes the Director of Public Service to enter into various agreements with the Central Ohio Transit Authority (COTA) for COTA to contribute funds to several downtown projects (the Projects) (Roadway Improvements - Downtown Action Plan, Roadway Improvements - Front Street and Marconi Boulevard, and Downtown Streetscapes - LeVeque Tower), to accept an initial deposit from COTA, execute agreement modifications to accept additional deposits as necessary, and return any unused balances to COTA upon completion of the projects
The City's Projects are in close proximity to each other, on Front Street, between Broad Street and Long Street. The City shall design and install conduit and pull boxes for COTA in this area. It is estimated that COTA shall contribute $200,000 to these projects for this work.
2. FISCAL IMPACT
COTA will deposit approximately $200,000 with the City of Columbus for design, construction, and inspection of conduit and pull boxes in the downtown area. Any remaining balance shall be returned to COTA. If additional funds are needed, COTA shall deposit additional funds.
3. EMERGENCY DESIGNATION
The Department of Public Service is requesting this ordinance to be considered an emergency measure in order to allow for immediate execution of these agreements which is necessary to maintain the Projects' schedule.
Title
To authorize the Director of Public Service to enter into various agreements with COTA for contribution of funds to several downtown projects, to accept an initial deposit from COTA, execute agreement modifications to accept additional deposits as necessary, and return any unused balance to COTA upon completion of the construction; and declare an emergency. ($0.00)
Body
WHEREAS, this ordinance authorizes the Director of Public Service to enter into various agreements with COTA to contribute funds to several downtown projects (the Projects) (Roadway Improvements - Downtown Action Plan, Roadway Improvements - Front Street and Marconi Boulevard, and Downtown Streetscapes - LeVeque Tower), to accept an initial deposit from COTA, execute agreement modifications to accept additional deposits as necessary, and return any unused balance to COTA upon completion of the construction; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Service, in that this legislation should go forth immediately to allow for immediate execution of an agreement with the COTA which is necessary to maintain the project schedule for the safety of the travelling public; thereby immediately preserving the public health, peace, property, safety and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Public Service be and hereby is authorized to enter into various agreements with COTA to contribute funds to several downtown projects (the Projects) (Roadway Improvements - Downtown Action Plan, Roadway Improvements - Front Street and Marconi Boulevard, and Downtown Streetscapes - LeVeque Tower), to accept an initial deposit from COTA, execute agreement modifications to accept additional deposits as necessary, and return any unused balance to COTA upon completion of the construction.
SECTION 2. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 3. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 4. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administering said project that the project has been completed and the monies are no longer required for said project.
SECTION 5. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.
SECTION 6. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the mayor, or ten days after passage if the mayor neither approves nor vetoes the same.