...Explanation
This legislation authorizes the Public Service Director to enter into a $175,000.00 Guaranteed Maximum Cost Agreement with 104 North Third Street, LLC, for the construction of streetscape improvements on Third Street, Long Street, Lazelle Street, and Elm Street adjacent to the Connextions Lofts project at 104 North Third Street. The Connextions Lofts project involves the renovation of an existing seven story building into 62 residential condominium units, 3,700 square feet of retail space and 70 parking spaces. Streetscape improvements include construction of new concrete sidewalks, granite curbs, street trees, and street lighting. These improvements will greatly enhance the appearance of the pedestrian environment. The Development Department has identified and negotiated this Agreement and the Public Service Department will enter into contract and administer the Agreement. More detailed descriptions are contained on the attached document. The formal competitive bidding requirements of Chapter 329 of the City Code are being waived for the procurement of engineering and construction services pursuant to this Guaranteed Maximum Cost Agreement.
This expense is budgeted in the 1995, 1999 Voted Streets and Highways Fund, Downtown Streetscapes project.
...Title
To authorize the Public Service Director to enter into a Guaranteed Maximum Cost Agreement with 104 North Third Street, LLC, for the construction of downtown streetscape improvements on Third Street, Long Street, Lazelle Street, and Elm Street for the Transportation Division; to waive the formal competitive bidding requirements of the Columbus City Code, 1959, and to authorize the expenditure of $175,000.00 or so much thereof as may be needed from the 1995, 1999 Voted Streets and Highways Fund. ($175,000.00)
...Body
WHEREAS, the need exists to enter into a Guaranteed Maximum Cost Agreement for the construction of new downtown streetscape improvements on Third Street, L...
Click here for full text