Explanation
1. BACKGROUND
On August 29, 2008 the City entered into the Columbus Coated Fabrics Economic Development Agreement (EDA) with Wagenbrenner Development, Inc., authorized by ordinance 1456-2007, to address the redevelopment of the Columbus Coated Fabrics site with housing, green space and improved roadways. The City has committed to funding the design and construction of street and utility improvements up to $12.85 million. The cost of design is $1,060,000.00. The cost of roadway improvements, including utility upgrades and inspection, will be up to $11,790,000.
On July 17, 2009 the City entered into the Columbus Coated Fabrics Design Agreement with Wagenbrenner Development, Inc. for the design of public roadway and infrastructure improvements on and around the site, authorized by ordinance 0043-2009.
Ordinance 1565-2009, authorized the City to enter into the Guaranteed Maximum Reimbursement Agreement for Phase 1 improvements.
This ordinance authorizes the Director of Public Service to enter into a guaranteed maximum cost agreement with Wagenbrenner Development in the amount of $908,353.02 for the Phase 2A and 2B improvements and to provide for construction inspection and administration by City staff in the amount of $85,979.63.
This project consists of improvements to City water and sanitary sewer infrastructure. The sanitary sewer improvements consist of approximately 1,200 linear feet of new 8" sewer pipe at a lower elevation in alley west of Grant Avenue between Sixth Avenue and Eighth Avenue. The water improvements consist of the installation of approximately 2,000 feet of 6-inch and 8-inch water lines on Sixth Street and Eighth Avenue. These water improvements will provide for general rehabilitation of the area
distribution system including construction of new water lines, new fire hydrants, and transferring water services.
Subsequent legislation will authorize the remaining construction of public improvements on the ...
Click here for full text