Explanation
1. BACKGROUND
This legislation authorizes 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 Roadway Improvements-Sinclair Road project in Community Planning Area 06, Northland.
The City of Columbus, Department of Public Service, is engaged in the Roadway Improvement-Sinclair Road project, and is currently finalizing construction plans and is prepared to authorize right of way acquisition pending passage of this funding legislation.
2. FISCAL IMPACT
This is a budgeted expense. Funding in the amount of $125,000.00 is available for this project the Morse Road TIF Fund, Fund 7414. It is necessary to transfer cash within Fund 7414, from the Morse Road TIF Fund to the Roadway Improvements - Sinclair Road Sidewalks Capital Fund project, to align spending in the proper project.
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 Programs.
Title
To authorize the transfer of cash within Fund 7414, the Morse Road TIF Fund, to the Roadway Improvements - Sinclair Road Sidewalks TIF Capital Fund project; to appropriate funds within the Roadway Improvements - Sinclair Road Sidewalks TIF Capital Fund project; to authorize 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 Roadway Improvements-Sinclair Road project; to authorize the expenditure of up to $125,000.00 from the Roadway Improvements - Sinclair Road Sidewalks Capital Fund to pay for the right-of-way acquisitions; and to declare an emergency. ($125,000.00)
Body
WHEREAS, the City of Columbus, Department of Public Service is engaged in the Roadway Improvements-Sinclair Road project; and
WHEREAS, this project will construct ...
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