Explanation
1. BACKGROUND
This ordinance authorizes the Department of Public Service to encumber and expend additional monies to support the construction of FRA-315-0.49 (SR 315 Resurfacing) project, PID 76420, which is being administered by the Ohio Department of Transportation.
The aforementioned project encompasses resurfacing SR-315 from Sullivant Avenue to the pavement break where the I-670 ramp joins SR-315, which is approximately ¾ mile south of the King Avenue exit, and resurfacing SR-315C (Goodale Street) from the I-670 off ramp to Goodale Street, the Michigan Avenue Connector, along the Goodale/Nationwide connector or SR-315, north on Olentangy River Road, to the SR-315 southbound on ramp.
Ordinance 2823-2014 authorized the Director of Public Service to grant consent and propose cooperation with ODOT relative to that effort, and Ordinance 2951-2017 authorized the Director of Public Service to enter into agreement with and to provide funding to ODOT in the amount of up to $220,000.00 to pay the local share of estimated construction costs.
ODOT first let the project in December 2017, at which time the apparent low bid exceeded the original cost estimate, thereby increasing the proportionate share of construction costs to be borne by the City, and Ordinance 0023-2018 authorized the encumbrance and expenditure of additional funds in the amount of $35,472.00 for that purpose.
ODOT subsequently elected to reject all earlier bids and to re-advertise the project. Again, the apparent low bid received by ODOT on May 3, 2018, was significantly higher than anticipated. The cost attributable to the City also increased due to changes in the items to be funded by ODOT. The purpose of this legislation is to authorize the encumbrance and expenditure of additional funds in the amount of $193,092.00 to satisfy the City’s cost share obligation to ODOT for the project.
2. FISCAL IMPACT
Funding in the amount of $193,092.00 is available in the Streets and High...
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