Explanation
Background: The mayoral New Neighborhood Initiative culminated in a 6-month effort by Parsons Avenue area stakeholders to create the Greater Parsons Avenue Area Vision Plan. Ordinance 0717-2006, passed April 3, 2006, Ordinance 1410-2006, passed July 31, 2006 and Ordinance 0700-2007, passed May 14, 2007 authorized the Director of Development to enter into contracts for purchase of certain real properties within the Greater Parsons Avenue Area Vision Plan and authorized the expenditure of $2,700,000. Gaining control of certain real properties is a key component to the success of the Vision Plan allowing the coordination of specific land uses. Several structures on these properties are vacant and possess no contributing value to the Vision Plan. The Land Redevelopment offices posted and received bids from potential demolition contractors to remove the asbestos and demolish all twelve (12) remaining structures on the premises. The lowest and best bid in the amount of $458,056.75 was received from S.G. Lowendick & Sons, Inc. This legislation allows for a contingency amount of up to $22,900.00 (5%) should such be required for additional Asbestos abatement and/or demolition activity. This legislation authorizes the expenditure of up to $480,956.75 for the removal of asbestos, the demolition of those structures and the capping of their utilities.
Fiscal Impact: Funds are available within the Special Income Tax Fund, Fund 430, for this purpose.
Emergency Justification: Emergency action is requested in order to complete the work within the timeframe for which the cost estimates were given.
Title
To authorize the Director of Development to enter into a contract with S. G. Lowendick & Sons, Inc. for up to $480,956.75 to demolish several properties in the Greater Parsons Avenue Area Vision Plan area; to authorize the appropriation and expenditure of $480,956.75 from the Special Income Tax Fund; and to declare an emergency. ($480,956.75)
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