Explanation
Background: The City of Columbus Comprehensive Water Master Plan outlined the need and general geographic location for a fourth water plant. Property has been identified for acquisition that is ideally situated to meet the City’s requirements. The property, located in Concord Township, Delaware, Ohio, is comprised of three parcels commonly known as 7943 Dublin Road, 8101 Dublin Road and 5993 Home Road, and is further identified as Delaware County Tax Parcels 60024003007000, 60024003007002, and 60024003008000. The real property was formerly occupied by the State of Ohio, Department of Youth Services, Scioto Juvenile Correctional Facility and contains approximately 119.5+/- acres (the “Property”). Located along the Scioto River just north of the O’Shaughnessy Reservoir and south of Home Road, the site is singularly well-suited to house the City’s fourth water plant which will provide water capacity and redundancy to the central Ohio region. The State of Ohio has agreed to sell the site to the City pursuant to Section 13 of Sub. H.B. 477 passed by the 130th Ohio General Assembly. The purchase of the real property will include all buildings and improvements. This ordinance authorizes the Finance and Management Director to execute those documents necessary to acquire the real property of approximately 119.5+/- acres from State of Ohio, acting by and through its Department of Administrative Services; authorizes a transfer and expenditure of funds in an amount up to $5,650,000.00 for all cost associated with acquisition of that real property.
Fiscal Impact: Funding for costs associated with the acquisition is available and will come from the Water Build America Bonds Fund, the Water Super Build America Bonds Fund, and the Water Works Enlargement Voted Bonds Fund. An amendment to the 2015 Capital Improvements Budget will be necessary.
Emergency Action: Emergency action is requested to allow for the immediate execution of the purchase agreement by ...
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