Explanation
1. BACKGROUND
This ordinance authorizes the Attorney's Office, Real Estate Division to hire professional services and to negotiate with property owners to acquire the various property rights necessary to complete the Poindexter Village Roadways Phase 2 project.
The purpose of this project is to construct improvements to the Poindexter Village Roadways Phase 2 project. The improvements consist of: 4 street reconstructions, 3 alley reconstructions, a new street, and the extension of 2 existing roadways. Improvements will include storm sewer, water main, sidewalks, shared use path, street lighting, and street trees. North Ohio Avenue and North Champion Avenue will be reconstructed between Long Street and Mt. Vernon Avenue. Mt. Vernon Avenue will include replacement of the curb and sidewalk on the south side between North Ohio Avenue and North Champion Avenue. Hawthorne Avenue and Phale D. Hale Drive will be reconstructed between North Champion Avenue and Winner Avenue and extended from their current terminus to North Ohio Avenue. Author Place will be reconstructed from North Ohio Avenue to Winner Avenue. Thorn Street will be reconstructed from East Long Street to Author Place. An unnamed north-south alley approximately 165' west of Winner Avenue will be reconstructed from Author Place to Hawthorne Avenue. A new roadway, named Signature Street, will be built east of Champion Avenue between Hawthorne Avenue and Phale D. Hale Drive.
Successful completion of this project necessitates that the city acquire fee simple title and lesser interests in and to various properties along the project corridor as additional rights-of-way.
2. FISCAL IMPACT
Funds in the amount of $160,000.00 are available for this project in the Streets and Highways Bond Fund within the Department of Public Service. An amendment to the 2015 Capital Improvement Budget is necessary for the purpose of providing sufficient spending authority for the aforementioned project expe...
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