Explanation
Background: The expansion of the NetJets' facility at 4111 Bridgeway Avenue requires the completion of a Traffic Impact Study. The Columbus Regional Airport Authority (CRAA) and the City of Columbus agree that the expansion will benefit all parties and have committed to sharing the cost equally of the Traffic Impact Study. The City and CRAA selected a consultant using a public process and have collectively contributed to the scope of the study. This Guaranteed Maximum Price Reimbursement Agreement between the City and CRAA commits the City to paying half of the $51,266 consultant fee or $25,633. CRAA holds the contract with the Traffic Study Consultant and has been paying all invoices.
Fiscal Impact: This legislation authorizes the transfer of $25,633 between projects within the Northland and Other Acquisitions Fund.
Title
To amend the 2009 Capital Improvements Budget; to authorize the transfer of cash between projects within the Northland and Other Acquisitions Fund; to authorize the Director of Development to enter into a Guaranteed Maximum Price Reimbursement Agreement with the Columbus Regional Airport Authority for the purpose of conducting a Traffic Impact Study considering NetJets facility expansion; and to authorize the expenditure of $25,633 from the Northland and Other Acquisitions Fund. ($25,633.00)
Body
WHEREAS, the expansion of NetJet's facility located at 4111 Bridgeway Avenue requires the completion of a Traffic Impact Study; and
WHEREAS, the City of Columbus and the Columbus Regional Airport Authority (CRAA) see the benefits of the expansion to all parties and have agreed to share the cost of the Traffic Impact Study equally, and
WHEREAS, the City and the CRAA collectively selected a Consultant to conduct the Traffic Impact Study utilizing a public process, and
WHEREAS, the CRAA holds the contract with the Consultant, and
WHEREAS, it is necessary to enter into an agreement as a means for the City to reimburse the CRAA for 50% of the Consultant's price to conduct the Traffic Impact Study; now therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the 2009 Capital Improvements Budget established within ordinance 0806-2009 be and hereby is amended as follows:
Fund / Project Number / Project / Current CIB Amt / Amendment Amt / Amended CIB Amount
735 / 735999 / Unallocated Balance / $150,201 / -$25,633 / $124,568
735 / 440104 / Misc. Economic Development/ $0/ $25,633 / $25,633
Section 2. That the transfer of monies between projects within the Northland and Other Acquisitions Fund 735 be authorized as follows:
TRANSFER FROM:
Fund / Dept-Div / Project # / Project / Object Level One / OCA Code / Amount
735 / 44-01 / 735999 / Unallocated Balance Fd 735 / 06 / 735999 / $25,633
TRANSFER TO:
Fund / Dept-Div / Project # / Project / Object Level One / OCA Code / Amount
735 / 44-01 / 440104 / Misc. Economic Development / 06 / 735020 / $25,633
Section 3. That the Director of Development is hereby authorized to enter into a contract with the Columbus Regional Airport Authority (CRAA) for the purpose of reimbursing CRAA 50% of the cost of conducting a Traffic Impact Study related to the proposed expansion of the NetJets' facility at 4111 Bridgeway Avenue.
Section 4. That for the purpose stated in Section 3, the expenditure of up to $25,633.00 from the Development Department, Division No. 44-01, Fund No. 735 Northland and Other Acquisitions, Project No. 440104 Misc. Economic Development, OCA Code 735020, Object Level Three 6680 is hereby authorized.
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 this ordinance shall take effect and be in force from and after the earliest period allowed by law.