Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Service to accept the Federal Identification number change of G & G Cement Contractors and the assignment of all their present and future contracts with the City of Columbus to G & G Cement Contractors, LLC. These actions are a result of the change of G & G Cement Contractors from a partnership to a corporation on July 1, 2008. The Department of Public Service currently has several construction agreements with G & G Cement Contractors. G & G Cement Contractors will continue to provide the services for these agreements in accordance with existing contract terms and provisions. This legislation will not alter the balances of any existing contracts covered by this assignment.
The new Contract Compliance number for G & G Cement Contractors, LLC is 26-2560462 (expiration date June 26, 2010).
2. EMERGENCY DESIGNATION
Emergency action is requested so that payments for existing contracts with this vendor can proceed without interruption and applied to the correct company name and federal identification number in order to maintain proper accounting practices.
3. FISCAL IMPACT
This legislation will not alter the balances of any existing contracts covered by this assignment.
Title
To authorize and direct the Director of Public Service to modify present and future contracts with G & G Cement Contractors, LLC, to reflect a name and federal identification number change as a result of their change from a partnership to a corporation and to authorize the assignment of all existing obligations to the City of Columbus by G & G Cement Contractors to G & G Cement Contractors, LLC; and to declare an emergency. ($0.00)
Body
WHEREAS, the Department of Public Service has entered into multiple contracts with in connection with multiple construction agreements; and
WHEREAS, it is necessary to alter existing contracts with G & G Cement Contractors to reflect a name and Fed...
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