Explanation
The Carlyles Watch residential development project involves the construction of an eight-story building at the northeast corner of Third and Gay which will contain 56 residential units, ground floor retail space and an enclosed parking level within the building. Streetscape improvements include construction of sidewalks, curbs, street trees, street lighting and landscaped corner bump-out at the northeast corner of Third and Gay.
This legislation authorizes the Public Service Director to enter into a $200,000.00 Guaranteed Maximum Cost Agreement with Urban Loft Ventures I LLC for the construction of streetscape improvements on Third Street and Gay Street adjacent to the Carlyles Watch residential development project located at the northeast corner of Third and Gay Streets. 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: Funding for this expense is budgeted and available within Transportation Division's 2005 Capital Improvements Budget in the 1995, 1999, 2004 Voted Streets and Highways Fund in the Downtown Streetscapes 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 Urban Loft Ventures I LLC for the construction of downtown streetscape improvements at the northeast corner of Third Street and Gay Street for the Transportation Division; to waive the competitive bidding requirements of the City Codes; to authorize the expenditure of $200,000.00 from the 1995, 1999, 2004 Voted Streets and Highways Fund; and to declare an emergency. ($200,000.00)
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 Third Street and Gay 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 Carlyles Watch 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 Codes, 1959, and that this agreement be awarded in accordance with Section 186 of the City Charter; and
WHEREAS, an emergency exists in the usual daily operation of the Public Service Department, Transportation Division, in that it is immediately necessary that this Guaranteed Maximum Cost Agreement be authorized to provide for timely streetscape construction, thereby preserving the public health, peace, property, safety and welfare; 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 Urban Loft Ventures I LLC for the construction of downtown streetscape improvements at the northeast corner of Third Street and Gay Street for the Transportation Division in the amount of $200,000.00 pursuant to Section 186 of the City Charter.
SECTION 2. That in accordance with Section 329.27 of the 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 $200,000.00, or so much thereof as may be necessary be and hereby is authorized and approved from Fund 704, the 1995, 1999, 2004 Voted Streets and Highways Fund, Department No. 59-09, Transportation Division, Object Level One Code 06, Object Level Three Code 6631, OCA Code 644385 and project 530801.
SECTION 4. That for the reasons stated in the preamble thereto, which is hereby made a part hereof, this ordinance is 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.