Explanation
Background: This legislation authorizes the Public Service Director to enter into a $600,000.00 Guaranteed Maximum Cost Agreement with Broad & High Development LLC (CC#31-1668984, expiration 2/1/09) for the construction of streetscape improvements on Broad Street and High Street adjacent to the Broad & High redevelopment project located at the northeast corner of Broad & High Streets. The Broad & High redevelopment project involves the renovation of the existing 16-story building at 8 East Broad Street for 23 residential units and the construction of a four-story building on the remainder of the site which will contain a below-grade parking level, ground floor retail and upper story office. Streetscape improvements include construction of sidewalks, curbs, street trees, and street lighting. These improvements will greatly enhance the appearance of the public pedestrian environment. More information is contained on the attached Detailed Project Description document. The Development Department has identified and negotiated this Agreement and the Public Service Department will enter into contract and administer the Agreement. The formal competitive bidding requirements of Chapter 329 of the City Code are being waived for the procurement of engineering and construction services pursuant to this Guaranteed Maximum Cost Agreement.
Fiscal Impact: This expense is budgeted in the 1995, 1999, 2004 Voted Streets and Highways Fund, Fund 704, Downtown Streetscape project.
Title
To authorize the Public Service Director to enter into a Guaranteed Maximum Cost Agreement pursuant to Section 186 of the Columbus City Charter with Broad & High Development LLC for the construction of downtown streetscape improvements at the northeast corner of Broad Street & High Street for the Transportation Division, to waive the competitive bidding requirements of the Columbus City Code, 1959, and to authorize the expenditure of $600,000.00 from the Voted 1995, 1999, 2004 Streets and Highways Fund. ($600,000.00)
Body
WHEREAS, the need exists to enter into a Guaranteed Maximum Cost Agreement for the construction of new downtown streetscape improvements at the northeast corner of Broad Street and High Street, and
WHEREAS, this project will provide improvements to the public right-of-way that meet or exceed the standards of the Downtown Streetscape Plan, and
WHEREAS, this streetscape project will greatly enhance the appearance of the pedestrian environment and complement the adjacent Broad & High private sector investment; and
WHEREAS, in order to allow streetscape projects and their adjacent private sector projects to proceed on schedule, streetscape construction agreements were negotiated, conditioned on the City's ability to fund new projects and City Council approval of the necessary legislation; and
WHEREAS, it is in the best interest of the city to waive the formal competitive bidding requirements of the Columbus City Code, 1959, and that this agreement be awarded in accordance with Section 186 of the Columbus City Charter, now, therefore;
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Public Service Director be and is hereby authorized to enter into a Guaranteed Maximum Cost Agreement with Broad & High Development LLC for the construction of downtown streetscape improvements at the northeast corner of Broad Street and High Street for the Transportation Division in the amount of $600,000.00 pursuant to Section 186 of the Columbus City Charter.
SECTION 2. That in accordance with Section 329.27 of the Columbus City Code, City Council has determined that it is in the best interest of the City of Columbus that the formal competitive bidding requirements of Chapter 329 be and are hereby waived for the procurement of engineering and construction services pursuant to this Guaranteed Maximum Cost Agreement.
SECTION 3. That the expenditure of $600,000.00, or so much thereof as may be necessary be and is hereby authorized and approved as follows:
Division/ Fund / OCA Code / O.L. 1 Code / O.L. 3 Code / Project No. / Project Title / Amount
59-09/ 704 / 530801 / 06 / 6631/ 530801 / Downtown Streetscape Improvements / $600,000.00
SECTION 4. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.