Explanation
Background: In 2009, the City of Columbus requested the tax foreclosure of a 118-unit apartment complex known as the Lockwood Apartments, located at the northeast corner of Lockbourne and Smith Roads. The complex was subject to numerous code violations and has been vacant for several years. Now under the ownership of the Columbus Land Bank Program, this legislation seeks authorization for the Director of Development to contract with S. G. Lowendick & Sons, Inc. (contract compliance number 314420502, expiration 5/7/2014) to perform asbestos abatement services and demolish the 10 buildings on the site. Lowendick was one of five companies who responded to a Request for Proposals (SA-004385) and were selected by an evaluation committee as the company with the best proposal. Authorization is necessary to enter into a contract for up to $720,041, including the proposed price of $685,753.41, plus a 5% contingency. Approximately half of the bid amount is for asbestos abatement, the remainder is for site work, demolition, capping of the utilities, and other associated costs.
Fiscal Impact: The $720,041.08 is available in the 2012 Capital Improvement Budget. $630,305 is available as carryover cash and $89,736.08 is contingent on the July 10th Bond Sale.
Emergency Justification: Emergency action is requested in order to complete the work within the timeframe for which the cost estimates were given.
Title
To authorize the Director of Development to enter into a contract with S. G. Lowendick & Sons, Inc. to demolish ten (10) structures at the northeast corner of Lockbourne and Smith Roads; to authorize the expenditure of $720,041.08 from the Housing Preservation Fund; and to declare an emergency. ($720,041.08)
Body
WHEREAS, The City of Columbus Land Bank Program successfully gained control of 10 vacant multi-family structures commonly known as Lockwood Apartments, parcels numbered 010-089600; 010-117344; 010-134967; 010-1122203; 08...
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