Explanation
1. BACKGROUND:
The purpose of this legislation is to modify the construction contract with Reynolds, Inc., in connection with the Webster Park/Milton Ave. Area Sanitary Improvements Project; the Arden/Foster Area Ave. Sanitary Improvements Project; and the Foster/Acton Rd. Area Sanitary Improvements Project. This modification is necessary to accomodate the approved change orders for additional point repairs that were required for the successful completion of the subject projects. This ordinance will further adjust the appropriation among these three projects which are being funded with a single loan from the Ohio Water Development Authority.
2. FISCAL IMPACT:
This contract modification will adjust the contract amounts of all three contracts that were funded with OWDA Loan No. 4230. The adjustments are detailed within the attachment entitled ORD1790-2005Modification.xls. There is sufficient budget authority within the 2005 Capital Improvements Budget for these specific projects.
3. EMERGENCY LEGISLATION:
The Division is requesting this City Council to declare this ordinance an emergency measure in order to allow the contract modification and associated financial transactions to immediately take effect. Up to date financial transactions promote good fiscal accountabiliy.
Title
To authorize the Director of Public Utilities to execute a contract modification with Reynolds, Inc., in connection with the Webster Park/Milton Ave. Area Sanitary Improvement Project, the Arden/Foster Area Sanitary Improvements Project, and the Foster/Acton Area Sanitary Improvements Project; for construction contract change orders approved by the Ohio EPA in accordance with the Ohio Water Development Authority loan agreement; for the Division of Sewerage and Drainage, and to declare an emergency. ($0.00)
Body
WHEREAS, Ordinance No. 0240-2005, as passed March 2, 2005, authorized the Director of Public Utilities to enter into contract with Reynold...
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