Label
SUMMITSTREETIMPROVEMENTS
Engineering Services
Timothy Grosjean (x1344)
Title
Authorizing the appropriation of $10,553,257 in anticipation of bond proceeds from the Capital Improvement Fund for the Summit Street Roadway Improvements Project; authorizing the expenditure of $10,553,257 for said Project; authorizing the Mayor to prepare plans and specifications, acquire required rights-of-way as appropriate, and enter into contracts for these projects within the Division of Engineering Services; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Engineering Services requests $10,553,257 from the Capital Improvement Fund for the Summit Street Roadway Improvements Project. This project will improve Summit Street from Lafayette to Jackson with a roadway reconstruction, a new waterline installation, and other miscellaneous infrastructure improvements. This project will utilize 100% City of Toledo capital funds.
This project will be funded through a bond issuance and the revenue estimate for the Capital Improvement Fund will be increased to reflect said bond proceeds. Appropriation of these funds now will allow for timely bidding and construction to ensure that Summit Street begins construction in spring of 2020 and is completed in summer of 2021.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor and Director of Public Utilities are authorized to prepare plans and specifications, as well as authorized to accept bids and execute necessary contracts to complete the Summit Street Roadway Improvements Project including such items as labor, materials, construction testing, professional services, property appraisals, title work, negotiations, related utility costs, acquisition, and environmental contamination studies that are necessary to acquire additional rights-of-way. Said contracts shall contain such terms and conditions as the Mayor may deem requisite and proper and shall be subject to ...
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