Explanation
BACKGROUND: To declare the necessity of installing street lighting under the assessment procedure. Property owners have submitted a petition for a light-emitting diode (LED) street lighting system with ornamental poles and underground wiring in the Kingshill Drive area, including Kingshill Drive from Morse Road to Sailing Court, Sailing Drive, Ilo Drive, Atwater Drive, Urban Drive Almont Drive, Norma Road from Thurell Road to Karl Road, Maize Road from Almont Drive to Morse Road.
Emergency action is requested due to citizens' approved petitions for a timely implementation of construction services.
FISCAL IMPACT: The determined amount to be paid for the City's share under the assessment procedure is $608,781.25. The determined amount to be paid by the residents’ share under the assessment procedure is $461,922.66. The estimated cost of construction (including interest on the note) is $1,070,703.91.
Title
To authorize the Director of the Department of Public Utilities, on behalf of the Division of Power, to declare the necessity of installing a light-emitting diode (LED) street lighting system with ornamental poles and underground wiring in the Kingshill Drive project area, under the assessment procedure, and to declare an emergency.
Body
WHEREAS, property owners have submitted a petition for a light-emitting diode (LED) street lighting system with ornamental poles and underground wiring in the Kingshill Drive area, including Kingshill Drive from Morse Road to Sailing Court, Sailing Drive, Ilo Drive, Atwater Drive, Urban Drive Almont Drive, Norma Road from Thurell Road to Karl Road, Maize Road from Almont Drive to Morse Road; and
WHEREAS, emergency action is necessary to avoid any further delay in the implementation of construction services in accordance with citizens' approved petitions for street lighting under the assessment procedure; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Public Utilities, Division of Power, in that it is immediately necessary to declare the necessity of making said improvements in order that the same may be completed at the earliest possible time, thereby immediately protecting the public health, peace, property, safety and welfare; now, therefore,
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That it is necessary to install a light-emitting diode (LED) street lighting system with ornamental poles and underground wiring in the Kingshill Drive area, including Kingshill Drive from Morse Road to Sailing Court, Sailing Drive, Ilo Drive, Atwater Drive, Urban Drive Almont Drive, Norma Road from Thurell Road to Karl Road, Maize Road from Almont Drive to Morse Road, in accordance with the plans, specifications and estimate of the proposed improvement prepared by the Administrator of the Division of Power, which are hereby approved.
SECTION 2. That the installation of said street lights shall be shown on the plans, to wit drawing number 13E0223 of the files of the Administrator of the Division of Power of the Department of Public Utilities, which are by reference made a part hereof.
SECTION 3. That the whole cost of said improvement, less the City portion, shall be assessed per lot in proportion to the special benefits which may result from the improvement upon the following described residential lots and lands, which said lots and lands are hereby determined to be specially benefited equally by said improvement, and in an amount to be determined.
SECTION 4. That the assessment so to be levied shall be paid in twenty semi-annual installments, with interest on deferred payments at a rate not exceeding the prevailing interest rate; provided that the owner of any property assessed may, at his option, pay such assessment or any number of installments of the same, at any time after such assessment has been levied.
SECTION 5. That notes of the City of Columbus, Ohio, shall be issued in anticipation of the issuance of bonds to be issued in anticipation of collection of the assessments by installments, and in an amount equal thereto.
SECTION 6. That the City portion of the entire cost of improvement shall be paid from the Electric Enterprise Funds.
SECTION 7. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this resolution is declared to be an emergency measure and shall take effect and be in force from and after its adoption and approval by the Mayor, or ten days after adoption if the Mayor neither approves nor vetoes the same.