Explanation
1. BACKGROUND:
This legislation authorizes the Director of Public Utilities to execute a final construction contract modification with Mid Ohio Pipeline, Inc., in connection with the Castle Rd. Force Main Discharge Point Relocation Project.
The original contract was funded through a loan from the Ohio Water Development Authority, and a supplemental loan after an initial attempt at installing the line failed. This modification is required to pay for a final successful effort at installing the force main under Interstate 71, utilizing a pipe-ramming process. The use of Voted Sanitary Bond Funds will provide the funding required to process a final payment, and to officially close this project. (For Further Information See ORD0331-2006LegislationAttachment.doc)
2. FISCAL IMPACT:
The Division requests the authority to expend voted sanitary bond funds to process this final payment to the construction contractor. Funding for this expenditure was included within the Fall, 2005 Bond Sale.
Title
To authorize the Director of Public Utilities to execute a final contract modification with Mid-Ohio Pipeline, Inc., in connection with the Castle Road Force Main Discharge Point Relocation Project; to authorize the expenditure of $153,240.00 from the Voted Sanitary Bond Fund; and to amend the 2005 Capital Improvements Budget, for the Division of Sewerage and Drainage. ($153,240.00)
Body
WHEREAS, the Ohio Water Development Authority approved a loan to the City of Columbus on December 13, 2001 in the amount of $425,616.01, identified as OWDA Loan No. 3571; and
WHEREAS, Ordinance No. 0481-02, passed the 15th day of April 2002, authorized the Director of Public Utilities to execute a contract with Mid-Ohio Pipeline, Inc., for the construction of the Castle Road 16-inch Force Main-Discharge Point Relocation Project; and
WHEREAS, on September 25, 2003, the Ohio Water Development Authority approved Supplemental Loan No. 3962 in the amount ...
Click here for full text