Explanation
1. BACKGROUND
This legislation authorizes the City 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 Rehabilitation- Polaris Parkway at Orion Place (DEL-CR615-0.000 PID 95549) project.
The Department of Public Service is currently engaged in the Arterial Rehabilitation - Polaris Parkway at Orion Place project. The project encompasses widening Polaris Parkway to provide a third through lane in both directions from I-71 to Olde Worthington Road, including the construction of a two-lane roundabout at the intersection of Olde Worthington Road and Orion Place. This project also includes the installation of a shared use path, sidewalk, traffic signal replacement, landscaping and street lighting. The project is located in Community Planning Area 03, Far North. The Department of Public Service is currently finalizing construction plans and is prepared to authorize right-of-way acquisition pending passage of this legislation.
Ordinance Number 1839-2016 previously authorized the acceptance and expenditure of awarded grant funds, and the return of unused grant funds if any should remain at the end of the grant received from the Mid-Ohio Regional Planning Commission’s (MORPC) Transportation Improvement Program (TIP). This ordinance is requesting authorization to expend some of the awarded funds.
A Federal earmark of $1,000,000.00 is now also being made available for right-of-way acquisition for this project. This legislation will allow the Director of Public Service to enter into any agreements necessary to accept these Federal earmarked funds, and authorizes the expenditure of the funds along with the return any of any unused earmarked funds if any funds should remain after final project accounting.
2. FISCAL IMPACT
Funds in the amount of $520,000.00 are available for this project within the Polaris TIF Fund (Fun...
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