Explanation
1. BACKGROUND
This legislation authorizes the Director of Public Service to enter into agreements with Grandview Heights for the Grandview Yard - Third Ave Railroad Bridge project, to accept contributions from Grandview Heights toward work performed as part of this project, and to, as necessary, provide a refund to Grandview Heights after the project and final accounting is complete.
This project will widen and reconstruct Third Avenue from a point 375 feet west of the CSX railroad bridge to a point 400 feet east of the bridge. Approximately 300 feet of a new 3-lane roadway, Rail Street, also will be constructed to the south of Third Avenue. A shared use path and a sidewalk will be installed. Drainage, traffic control, and landscape improvements are proposed. The CSX railroad overpass will be replaced. Rail track improvements also will be made at the new overpass structure.
The anticipated cost to Grandview Heights to construct those improvements is $149,797.00, although its final contribution may increase if actual costs incurred exceed earlier estimates.
2. EMERGENCY DESIGNATION
The Department of Public Service is requesting this ordinance be considered as an emergency measure in order to allow for immediate execution of agreements necessary to facilitate the construction of these public improvements in a timely manner.
3. FISCAL IMPACT
Grandview Heights is expected to contribute $149,797.00 toward the completion of the aforementioned project, although that amount may increase if cost overruns occur.
Title
To authorize the Director of Public Service to enter into agreements with Grandview Heights for the Grandview Yard - Third Ave Railroad Bridge project; to accept contributions from Grandview Heights toward work performed as part of this project; to, as necessary, provide a refund to Grandview Heights after the project and final accounting is complete; and to declare an emergency. ($0.00)
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