Approve the resolution authorizing the City Manager to enter into an agreement \n \n with the Georgia Department of Transportation to receive Transportation \n \n Investment Act funds for the completion of the Columbus River Walk.
Approval
Pending
Background
On July 31, 2012 voters in the River Valley special district, of which Columbus
is a part, approved a regional transportation special local option sales tax
(TSPLOST). Known as the Transportation Investment Act of 2010, this
legislation authorized the funding of designated transportation projects as
determined by a regional roundtable committee of local elected officials from
the region and approved by its citizens.
Analysis
Eight TSPLOST projects were approved for Columbus, which included the
completion of the Columbus River Walk at City Mills and at the North
Highland/Bibb Mills areas.
Financial Considerations
TSPLOST will fund 100 percent of the cost of this $10,000,000 project. This
will include the engineering, environmental, right of way, and construction
costs.
Projected Annual Fiscal Impact Statement
Costs to maintain the two new sections to be constructed will be factored into
the annual River Walk maintenance budget.
Legal Considerations
The City Attorney has reviewed and approved the contract with the Georgia
Department of Transportation for these funds.
Recommendations/ Actions
Approve the resolution authorizing the City Manager to enter into an agreement
with the Georgia Department of Transportation to receive Transportation
Investment Act funds for the completion of the Columbus River Walk.