Explanation
1. BACKGROUND
This legislation authorizes the Director of Public Service to provide for payment of construction inspection and administration services for the Roadway - ODOT 170420 Franklin - 3366DRE project, and to expend funds relative to the project on construction inspection and administration.
The Roadway - ODOT 170420 Franklin - 3366DRE project is an Ohio Department of Transportation (ODOT) project at State Route 315 (SR315) and Olentangy River Road. The project consists of improvements to exit and entrance ramps at SR315 and Olentangy River Road to reduce congestion at peak hours due to heavy rush hour traffic on SR315, Olentangy River Road, West Third Avenue, and Goodale Boulevard. Funding for the construction of the project was provided by ODOT with the local match contribution by the City made in the form of construction inspection and administration of the project.
2. FISCAL IMPACT
Funds for this expense are available in Fund 7704, the Streets & Highways Bond Fund. An amendment to the 2019 Capital Improvement Budget and a transfer of cash within the Streets and Highways Bond Fund are necessary to align budget authority and cash within the proper project.
Title
To amend the 2019 Capital Improvement Budget; to authorize the transfer of funds within the Streets and Highways Bond Fund; and to authorize the expenditure of up to $205,250.00 for construction inspection and administration related to the Roadway - ODOT 170420 Franklin - 3366DRE project. ($205,250.00)
Body
WHEREAS, the Ohio Department of Transportation (ODOT) is engaged in the Roadway - ODOT 170420 Franklin - 3366DRE project; and
WHEREAS, the project consists of improvements to exit and entrance ramps at SR315 and Olentangy River Road to reduce congestion at peak hours due to heavy rush hour traffic on SR315, Olentangy River Road, West Third Avenue, and Goodale Boulevard
WHEREAS, it is necessary to amend the 2019 Capital Improvement Budget; and
WHEREAS,, it is ...
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