Explanation
1. BACKGROUND
The following 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 Traffic Signal Installation - Downtown Signals 540007-100030 project.
The Department of Public Service is currently engaged in the Traffic Signal Installation - Downtown Signals project, which will upgrade traffic signals in Downtown area (Community Planning Area 18): Grant/Oak, Oak/Washington, Grant/State, Grant/Town, and Town/Washington. The Department of Public Service is currently finalizing construction plans and is prepared to authorize right-of-way acquisition pending passage of this legislation.
2. FISCAL IMPACT
Funds in the amount of $75,000.00 are available for this project in the Streets and Highways Bond Fund within the Department of Public Service. An amendment to the 2016 Capital Improvements Budget is necessary for the purpose of providing sufficient spending authority for the aforementioned project expenditure.
3. EMERGENCY DESIGNATION
Emergency action is requested to provide necessary right-of-way acquisition funding and prevent unnecessary delays in the Department of Public Service’s Capital Improvement Program.
Title
To amend the 2016 Capital Improvements 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, Real Estate Division, to contract for professional services relative to the acquisition of fee simple title and lesser interests in and to property needed for the Traffic Signal Installation - Downtown Signals project; to authorize the City Attorney's Office, Real Estate Division, to negotiate with property owners to acquire the additional rights of way necessary to complete this project; to authorize the expenditure of up to $75,000.00 from the Streets and Highway...
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