Explanation
1.BACKGROUND
This legislation authorizes the Director of Public Service to enter into various agreements with the City of Gahanna (Gahanna) for the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1, to accept an initial deposit from Gahanna, execute agreement modifications to accept additional deposits as necessary, and return any unused balance to Gahanna upon completion of the construction as necessary.
The City of Columbus (Columbus) has designed this project along Morse Road from a point 955’ east of Trellis Lane/ Underwood Farms Boulevard to approximately 1,040 feet west of Johnstown Road. The project will widen Morse Road to 3 lanes from Trellis Lane/ Underwood Farms Boulevard to a point approximately 1,400 feet west of Johnstown Road. Morse Road will be resurfaced over the same limits and extending further east to approximately 1,040 feet west of Johnstown Road. A shared use path will be installed on the north side of Morse Road over the entire length of the project and will tie into the existing shared use path approximately 900 feet west of Johnstown Road. The construction of this project will be sold and administered by Columbus.
2. FISCAL IMPACT
The City of Gahanna shall deposit approximately $333,685.00 with the City of Columbus the project. This ordinance authorizes the Director of Public Service to accept this initial deposit and future deposits as necessary for this project and return any unused portion as necessary.
Title
To authorize the Director of Public Service to enter into various agreements with the City of Gahanna for the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1 project; to accept an initial deposit from Gahanna; execute agreement modifications to accept additional deposits as necessary; and return any unused balance as necessary. ($0.00)
Body
WHEREAS, this ordinance authorizes the Director of Public Service to enter into various agreements wit...
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