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File #: 2320-2016    Version: 1
Type: Ordinance Status: Passed
File created: 9/13/2016 In control: Public Service & Transportation Committee
On agenda: 10/3/2016 Final action: 10/7/2016
Title: To amend the 2016 Capital Improvement Budget; to authorize the City Auditor to transfer cash and appropriation between projects within the Streets and Highways Bond Fund; to authorize the City Attorney's Office to contract for professional services relative to the acquisition of fee simple title and lesser interests in and to property needed for the Arterial Street Rehabilitation - Dublin-Granville Road Realignment project; to authorize the City Attorney's Office to negotiate with property owners to acquire the additional rights of way necessary to complete this project; to authorize the expenditure of $194,467.79 from the Streets and Highways Bond Fund; and to declare an emergency. ($194,467.79)
Attachments: 1. 2320-2016 Legislation Accounting Templates w ACDI.pdf
Explanation
1. BACKGROUND
To authorize 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 Arterial Street Rehabilitation - Dublin-Granville Road Realignment project and subsequent public infrastructure projects in the area of N. Hamilton Road and State Route 161.

The City entered into an Economic Development Agreement (the “EDA”) with Hamilton Crossing, LLC, Casto AP Residential, LLC, The New Albany Company LLC, and Center State Enterprises LLC (the “Development Team”), pursuant to ordinance number 1802-2015 passed by Council on July 13, 2015 for the purposes of funding public improvements in the northeast area of the city located adjacent to the N. Hamilton Road and State Route 161 interchange.

The purpose of this project will realign Dublin-Granville to a new intersection with Hamilton Road between the existing Dublin-Granville Road and SR-161. Subsequent public infrastructure projects will occur in conjunction with the mixed use development located adjacent to the N. Hamilton Road and State Route 161 interchange, known as the Hamilton Quarter Development (Community Planning Area Rocky Fork-Blacklick Area 4). 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. This legislation will also allow these funds to be used for the acquisition of right-of way along the entire corridor, including future projects described herein and other future projects related to the road realignment and development in this area.

2. FISCAL IMPACT
Funds in the amount of $194,467.79 are available for this project in the Streets and Highways Bond Fund within the Department of Public Service. Cancellation of unused funds from ACDI000040-1, Arterial Street Rehabilitation-Hamilton Road Phase B project, is necessary to p...

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