Explanation
BACKGROUND:
The City’s Department of Public Utilities, Division of Water, is undertaking the Mound Street Water Booster Station (CIP 690459-100000) Public Project to replace and upgrade the water booster station located at 1547 West Mound Street, Columbus, Ohio 43223 (the “Public Project”). The City is required to acquire certain fee simple title and lesser real property interests in the vicinity of the City’s real property located at 1547 West Mound Street, Columbus, Ohio 43223 in order to complete the Public Project.
The City previously passed Ordinance Number 2772-2012, which authorized the City Attorney to spend City funds for costs to acquire fee simple title and lesser real property interests at 1625 West Mound Street, Columbus, Ohio 43223 (i.e. “Property” identified in Ordinance Number 2772-2012). However, the City Attorney needs additional City funding in the amount of Fifty-four Thousand, Nine Hundred, and 00/100 U.S. Dollars ($54,900.00), because the Property is not a viable option to complete the Public Project. Instead, the City is now required to acquire certain new, replacement fee simple title and lesser real property interests at 1600 West Mound St Columbus, OH 43223 (the “New Property”) in order to complete the Public Project. Therefore, this ordinance authorizes the City Attorney to spend the additional funds of this ordinance and the funds identified and authorized in Ordinance Number 2772-2012 to acquire the New Property.
FISCAL IMPACT: The City determined the Public Project’s additional funding will come from the Water Works Enlargement Voted Bond Fund, in which a transfer of funds and an amendment to the 2014 Capital Improvements Budget will be necessary.
EMERGENCY JUSTIFICATION: Emergency action is requested in order for the City to immediately acquire the Public Project’s New Property, which preserves the public health, peace, property, and safety.
Title
To authorize the City Attorney to spend the City funds id...
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