Share to Facebook Share to Twitter Bookmark and Share
File #: O-084-19    Version: 1 Name:
Type: Ordinance Status: Agenda Ready
File created: 1/29/2019 In control: Public Utilities Department
On agenda: 2/19/2019 Final action: 2/19/2019
Title: Authorizing the appropriation and expenditure of $1,000,000 from the unappropriated balance of the Franklin Park/Westfield Municipal Public Improvement Tax Increment Fund for two construction projects; and declaring an emergency.
Attachments: 1. Audio: Agenda Review 2/12/2019, 2. Audio: City Council 2/19/2019

Label

DPU021919TIFTransportationFunding

Division of Engineering Services

Timothy Grosjean (x1344)

Revised

 

Title

Authorizing the appropriation and expenditure of $1,000,000 from the unappropriated balance of the Franklin Park/Westfield Municipal Public Improvement Tax Increment Fund for two construction projects; and declaring an emergency.

 

Body

SUMMARY & BACKGROUND:

Ohio Revised Code Sections 5709.40, 5709.42 and 5709.43 provide City Council with the authority to dedicate real estate tax proceeds on specific parcels towards infrastructure improvements in the vicinity of those parcels.  In 2004, to improve safety conditions and reduce hazards to vehicular traffic associated with the expansion of the Westfield Mall and Westgate Shopping Center, City Council passed Ordinance 810-04 enabling tax proceeds from properties in these areas to be dedicated to infrastructure improvements in their respective vicinities.

 

This ordinance authorizes appropriation and expenditure for the construction of roadway improvement projects as follows:

 

A roadway resurfacing project for Laskey Road from Harvest to Secor and a safety improvement project at the intersection of Laskey and Talmadge.

 

Summary

NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:

 

SECTION 1.                         That the appropriation and expenditure of $1,000,000 is authorized from the unappropriated balance of the Franklin Park/Westfield Municipal Public Improvement Tax Increment Fund to Account Code 5031-35000-8C05045STDSTD for the roadway improvement projects.

 

SECTION 2.                     That the mayor and Director of Public Utilities are authorized to prepare plans and specifications, accept bids and execute necessary contracts/agreements for construction of Laskey Road from Harvest to Secor and the intersection of Laskey and Talmadge, including such items as labor, materials, construction testing, permit fees, real estate incidentals and professional services.  Said contracts shall contain such terms and conditions as the mayor may deem requisite and proper and shall be subject to approval by the Director of Public Utilities and the Director of Law.

 

                     SECTION 3.                     That the Finance Director is authorized to issue his warrant or warrants against the account code identified in Section 1 in an amount not to exceed $1,000,000 in payment of the obligations incurred pursuant to the contracts authorized in Section 2 above upon presentation of the proper voucher or vouchers.

 

                     SECTION 4.  That various adjustments and line item expenditures and transfers are authorized to comply with said contracts/agreements.

 

                     SECTION 5.                     That the disappropriation of any remaining budget to fund balance is authorized at project closeout.

 

SECTION 6.  That this ordinance is declared to be an emergency measure and shall be in force and effect from and after its passage.  The reason for the emergency lies in the fact that this ordinance is necessary for the immediate preservation of the public peace, health, safety, and property and for the further reason that this ordinance must be immediately effective in order to facilitate this work beginning this year to meet completion deadlines.

 

                     Vote on emergency clause:  yeas _____, nays _____.

 

                     Passed:  _________________, as an emergency measure:  yeas _____, nays _____.

 

 

Attest:  ________________________                                              __________________________________

                            Clerk of Council                                                                           President of Council

 

                     

Approved:  _____________________                                          __________________________________

                                                                                                                                                                                                   Mayor

 

 

                     I hereby certify that the above is a true and correct copy of an Ordinance passed by Council ________________________.

 

 

Attest:  ________________________

                    Clerk of Council