Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to enter into an agreement on behalf of the Office of Construction Management with the North Market Development Authority, Inc. relative to the expansion of the North Market, and to provide funding in the amount of up to $553,866.00 toward associated professional services costs.
The aforementioned expansion will include additional vendor stalls and eating/gathering areas for public use. Professional services will include all design stages and construction administration of the work. Additionally, the North Market Development Authority, Inc. an owner representative will provide construction guidance, advice, and coordination during the design and construction phases of the project. The main structure of the expansion is part of the North Market Tower being constructed by a separate developer.
North Market Development Authority Contract Compliance No. CC - 034112, expiration date November 17, 2022.
Emergency action is requested to allow for immediate execution of the agreement with the North Market Development Authority, Inc., to maintain the current project schedule, and to prevent unnecessary delays in the payment of eligible professional services costs.
Title
To authorize the Director of the Department of Finance and Management to enter into a cost reimbursement agreement on behalf of the Office of Construction Management with the North Market Development Authority for professional services; to authorize the expenditure of $553,866.00 from the Construction Management Taxable Bond Fund; and to declare an emergency ($553,866.00).
Body
WHEREAS, the Finance and Management Department, Office of Construction Management desires to enter into an agreement with the North Market Development Authority for professional services which will include design stages and construction administration of the expansion of the North Market; and
WHEREAS, it is necessary to authorize the expenditure of $553,866.00 from the Construction Management Taxable Fund; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Finance and Management, Office of Construction Management, to authorize the Finance and Management Director to enter into an agreement for the professional services towards the expansion of the North Market located at 59 Spruce Street to maintain the current project schedule, and to prevent unnecessary delays in the payment of eligible professional services costs; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of the Department of Finance and Management is hereby authorized to enter into a cost reimbursement agreement on behalf of the Office of Construction Management with the North Market Development Authority for professional services which will include all design stages and construction administration of the expansion of the North Market.
SECTION 2. That the expenditure of $553,866.00, or so much thereof as may be necessary, is hereby authorized in Fund 7732 (Construction Management Taxable Fund) in Dept-Div 4550, 570100-100000 (North Market Professional Services Reimbursement), in Object Class 06 (Capital Outlay) per the accounting codes in the attachment to this ordinance.
SECTION 3. That the monies in the foregoing sections shall be paid upon order of the Director of Finance and Management, and that no order shall be drawn or money paid except by voucher, the form of which shall be approved by the City Auditor.
SECTION 4. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 5. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 6. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department of Finance and Management that the project has been completed and the monies are no longer required for said project.
SECTION 7. That for reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared an emergency measure and shall take effect and be enforced from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor votes the same.