Explanation
This legislation authorizes the Director of Public Utilities to enter into a capital improvements agreement with Dominion Homes, Inc., for the construction of the Big Run Subtrunk, Big Run South Road Area Part 3 and Part 4 Project.
Dominion Homes, hereinafter referred to as the developer, has plans of constructing a single family, residential development to be known as Big Run Ridge that will be located along Big Run South Road from I-270 to the vicinity of Demorest Road, on land that they own or control. The City has intentions of installing sanitary sewer service to an eventual tributary service area of approximately 2,212 acres, of which the subject development is a part, however, the design and construction schedules projected by the City were not fast enough for the proposed construction schedule of the developer's plans. In order to avoid delaying the subject development and to avoid having the City disturb new and expensive land improvements, thereby incurring much higher construction costs, the developer has agreed to incorporate minor design changes and the construction of the subject capital improvements project into its development plans. The developer has further agreed to provide the construction plans and specifications; permanent and temporary easements for Part 4; and the remaining unacquired easements for Part 3; at no further cost to the City. In exchange for this, the City shall agree to reimburse the developer for documented construction and related costs that are associated with the subject capital improvements project, up to a maximum of $3,712,342.10.
B. Bid Information: In accordance with Section 186 of the Columbus City Charter, this contract shall contain a guaranteed maximum cost and stipulate that the city shall pay within such maximum the cost of labor and materials to be paid to the developer. As a condition of the agreement the developer is required to comply with the competitive bidding procedures of Sectio...
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