Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Service to provide additional funding to the Ohio Department of Transportation (ODOT) for the Resurfacing - Urban Paving - US33 - Marble Cliff to Grandview (PID 79316) joint project between ODOT and the City of Columbus. Ordinance 1001-2012 authorized the Director of the Department to Public Service to enter into agreement with and contribute funds to ODOT for this project. Bids were opened in May 2012 and bids came in higher than estimated. Ordinance 1552-2012 authorized the Director of the Department of Public Service to contribute additional funds to the project. The project is complete, ODOT has completed the final accounting, and ODOT has determined that the cost of work done for the City of Columbus came in higher than previously estimated.
2. FISCAL IMPACT
$245,078.00 was contributed before the bids were opened; $42,590.00 was contributed after bids were opened; and an additional $3,480.06 is due after final accounting. The total project cost to the City of Columbus for the Resurfacing - Urban Paving - US33 - Marble Cliff to Grandview joint project is $291,148.06. An amendment to the 2013 Capital Improvements fund is necessary for the purpose of providing sufficient spending authority for the aforementioned project expenditure.
3. EMERGENCY DESIGNATION
Emergency action is requested in order make payment to ODOT in a timely manner as the project is complete.
Title
To amend the 2013 Capital Improvement Budget, to authorize the City Auditor to transfer cash and appropriation between projects within the Streets & Highways Bond Fund; to allow the Director of Public Service to make payment to the Ohio Department of Transportation for the Resurfacing - Urban Paving - US33 - Marble Cliff to Grandview (PID 79316) joint project between ODOT and the City of Columbus; to authorize the expenditure of $3,480.06 from the Streets & Highways Bond fund; and to declare an emergency. (...
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