Explanation
Background: Ordinance No. 2089-2005 authorized the Director of Development to enter into a Guaranteed Maximum Price Reimbursement Agreement with Columbus Urban Growth Corporation for up to $2,710,000 to design and construct off-site improvements to Gowdy Field. It has been determined that an additional $784,000 will be needed to complete the project. This ordinance will amend Ordinance No. 2089-2005 by increasing the amount of the contract to $3,494,000.
Fiscal Impact: The additional funding is available in the 2006 Capital Improvement Budget, and will be generated in the November 30th 2006 Bond Sale.
Emergency Justification: All construction must be completed by June 1, 2007 in order for the tenant to still take possession of the building.
Title
To amend Ordinance No. 2089-2005, passed January 9, 2006, by increasing the expenditure amount by $784,000; to amend the 2006 Capital Improvement Budget; and to declare an emergency. ($784,000)
Body
WHEREAS, on January 9, 2006, Columbus City Council passed Ordinance No. 2089-2005 authorizing the Development Director to enter into a contract with Columbus Urban Growth Corporation to design and construct off-site improvements for the Gowdy Field project; and
WHEREAS, construction costs have risen, a determination to resurface and recurb Olentangy River Road, the instability of soils requires the installation of a force main sanitary sewer system, an additional length of water line piping to reach the site and additional engineering work has increased the total funds needed to complete the off-site infrastructure; and
WHEREAS, it is necessary to amend the 2006 Capital Improvement Budget in order to amass all funds needed; and
WHEREAS; an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the amendment to Ordinance No. 2089-2005, all for the immediate preservation of the public health, peace, prop...
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