Explanation
Background: This ordinance is contingent on the passage of Ordinance No. 2482-2003, authorizing the deposit of the proceeds from the sale of the former Lazarus Department Store site at Northland Mall into Fund No. 735 and Ordinance No. 2486-2003, authorizing the transfer of up to $500,000 from Fund No. 704 to Fund No. 735. The redevelopment of the NorthlandPARK site will begin with the demolition of several existing structures and the renovation of the former Lazarus store for Retail Ventures, Inc.'s corporate offices. There is a need to construct roadways that provide access to these corporate offices as well as future planned development of the old Northland Mall site. The purpose of this ordinance is to authorize the Director of the Department of Development to enter into a $1,300,000 Guaranteed Maximum Cost contract with Columbus Urban Growth Corporation (CUGC) for the construction of such roadways.
Fiscal Impact: $1,300,000 of capital dollars to be expended from Northland and Other Acquisitions Fund, Fund No. 735.
Emergency Justification: Emergency action is requested in order to undertake the construction of roadways simultaneous to structure renovation for the principal corporate offices of Retail Ventures, Inc.
Title
To authorize the Director of Development to enter into a $1,300,000 Guaranteed Maximum Cost contract with Columbus Urban Growth Corporation for the purpose of constructing roadways on the western half of the NorthlandPARK redevelopment site; to authorize the expenditure of $1,300,000 from the Northland and Other Acquisitions Fund; and to declare an emergency. ($1,300,000)
Body
WHEREAS, the City is under contract to sell and transfer 10.877 acres of the former Lazarus Department Store site at the former Northland Mall to Northland Associates LLC; and
WHEREAS, Ordinance No. 2484-2003 authorized the Director of Development to enter into a Guaranteed Maximum Cost contract with Columbus Urban Growth Corporation to demolish structures at the old Northland Mall site to make way for new development known as NorthlandPARK; and
WHEREAS, there is a need to construct roadways that provide access to Retail Ventures, Inc.'s corporate offices, its parking areas, and for the future planned development of NorthlandPARK; and
WHEREAS, it is necessary for the Director of Development to enter into a $1,300,000 Guaranteed Maximum Cost contract with Columbus Urban Growth Corporation to finance the construction of these roadways; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize its Director to contract for the construction of these roadways in order to meet contract deadlines for the redevelopment of the former Lazarus site, all for the preservation of the public health, peace, property and safety; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of Development be authorized to enter into a Guaranteed Maximum Cost contract for One Million Three Hundred Thousand Dollars ($1,300,000) with Columbus Urban Growth Corporation for the purpose of designing and constructing roadways in the western half of the NorthlandPARK redevelopment site to service the Retail Ventures, Inc. corporate offices, its parking, and future planned development of the old Northland Mall site.
Section 2. That for the purpose stated in Section 1, the expenditure of $1,300,000 from the Department of Development, Division No. 44-01, Fund No. 735 Northland and Other Acquisitions Fund, Object Level One 06, Object Level Three 6621, OCA Code 441735, Project No. 441735 is hereby authorized.
Section 3. That in contracting for construction of the roadways Columbus Urban Growth Corporation shall follow the procedures of the City of Columbus in bidding and awarding roadway construction contracts.
Section 4. That funds necessary to carry out the purpose of this Ordinance are hereby deemed appropriated.
Section 5. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor or ten days after passage if the Mayor neither approves nor vetoes the same.