Explanation
1. BACKGROUND
This legislation authorizes additional acquisition funding in order for the City Attorney's Real Estate Division to hire professional services and to negotiate with property owners to acquire the various property rights necessary to complete the public improvements in the vicinity of North Broadway and Olentangy River Road, in Community Planning Area 9, West Olentangy.
The City of Columbus, Department of Public Service, is engaged in the OhioHealth Redevelopment Project. The project involves a major redevelopment of existing public right-of-way as portions of State Route 315 right-of-way will be reconfigured, including the removal of an existing northbound interchange ramp and the addition of a new southbound ramp. Pavement, sidewalks, shared use paths and utilities will be constructed on Olentangy River Road, West North Broadway, Thomas Lane, and two local roadways that connect Olentangy River Road to West North Broadway through the development area.
Ordinance 2667-2017, passed by Council on October 23, 2017, authorized initial acquisition funding for this project in the amount of $250,000.00. The initial acquisition legislation authorized the City Attorney to contract for professional services and to acquire fee simple title and lesser interests in and to real property necessary to the project, with the understanding that more funding may be required in the future. It is now necessary that the City Attorney's Office expend an additional $150,000.00 in order to pay for costs relative to the acquisition of right of way necessary to the OhioHealth Redevelopment Project.
The Department of Public Service is currently finalizing construction plans and is prepared to authorize right of way acquisition pending passage of this funding legislation.
2. FISCAL IMPACT
Funding in the amount of $150,000.00 is available for this project within the Streets and Highways Bond Fund within the Department of Public Service for the aforementioned pr...
Click here for full text