Explanation
BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a Guaranteed Maximum Reimbursement agreement with the Columbus Museum of Art for construction, surveying, and inspection of 640 linear feet of 8-inch and 6-inch water main on Ninth Street between East Broad Street and Gay Street. The water line will improve fire flow along Ninth Street and will also provide fire protection to an existing building that is being renovated at the Columbus Museum of Art. The project is expected to be bid by the Columbus Museum of Art in September 2009 and they plan to construct the project in October and November.
The City of Columbus agreed to pay a guaranteed maximum reimbursement of $291,000.00. Actual amount to be requested will include construction cost, construction surveying, and inspection.
EMERGENCY DEGISNATION: It is requested that this Ordinance be handled in an emergency manner in order to have legislation passed and a signed guaranteed maximum reimbursement agreement in place by the end of construction in November 2009; the Columbus Museum of Art will be requesting payment immediately thereafter. Additionally, this project will improve fire flow to the area.
CONTRACT COMPLIANCE INFO: 31-4379447 (expires 9/3/11, non-profit)
FISCAL IMPACT: This legislation includes a transfer of funds within the Water Works Enlargement Voted Bonds Fund and an amendment to the 2009 Capital Improvements Budget. An appropriation of funds due to a reimbursement will also be necessary.
Title
To authorize the Director of Public Utilities to enter into a Guaranteed Maximum Reimbursement agreement with the Columbus Museum of Art for the construction, surveying, and inspection of a water main on Ninth Street between East Broad Street and Gay Street; for the Division of Power and Water; to appropriate funds from the unappropriated balance in the Water Works Enlargement Voted Bonds Fund; to authorize the transfer and ex...
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