Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Service to enter into agreements with and to provide funding to the Central Ohio Transit Authority (COTA) relative to the LinkUS - East-West Corridor project.
The aforementioned project, which is being administered by COTA, will identify high-capacity transit and other multi-modal improvements for a signature mobility corridor extending through Columbus and adjacent jurisdictions. The project is divided into three geographies:
· West Broad Street from Galloway Road on the west to downtown Columbus.
· East Main Street/East Broad Street, from downtown Columbus to the Franklin County line (east).
· Downtown Columbus connection area.
That effort is aligned with other City-led projects encompassing integrated mobility planning, land use, economic development, and housing strategies for each geography. The City, acting through the Department of Public Service, has agreed to contribute up to $544,256.14 toward the completion of the LinkUS - East-West Corridor project.
2. CONTRACT COMPLIANCE
The contract compliance number for COTA is CC004318, which expires on July 2, 2021.
3. FISCAL IMPACT
Funding in the amount of $544,256.14 is available within the Streets and Highways Improvement Non-Bond Fund, Fund 7766. An amendment to the 2019 Capital Improvement Budget is necessary for the purpose of providing sufficient budget authority for this expenditure. A transfer of cash within Fund 7766 is necessary to align cash with the proper project. Funds will also need to be appropriated within Fund 7766 for the expenditure.
4. EMERGENCY DESIGNATION
Emergency action is requested in order to allow the City to maintain the project schedule agreed to with COTA.
Title
To amend the 2019 Capital Improvement Budget; to authorize the transfer of cash between projects within the Streets and Highways Improvement Non-Bond Fund and the appropriation of funds; to authorize the Director of Public Service...
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