Explanation
1. BACKGROUND:
This legislation authorizes the Director of the Department of Public Service to enter into a grant agreement, with future possible modifications to be submitted, with the Scioto Peninsula Association (SPA), a non-profit entity, which is managed by Columbus Downtown Development Corporation (CDDC), to contribute funding for various security enhancement initiatives within the Scioto Peninsula development area.
The redevelopment of the Scioto Peninsula will culminate in the construction of various residential, office, and commercial developments, including: 2 million square feet of office space; 1,800 residential units; a 197-room hotel; restaurants and retail spaces; and a 1,400-spot parking garage.
In order to facilitate security enhancements in the Scioto Peninsula area, the City of Columbus, Department of Public Service has agreed to partner with the SPA to implement security enhancement programs. Intended to increase safety for all user groups and to support the growth and development of the Scioto Peninsula, these programs include the staffing and management of security personnel who will provide foot patrols and tours through the public and private areas of the development including the area streets, Dorrian Green Park, and the area parking facilities, establishing a visible presence in the area. Additionally, they will engage in the promotion of safety initiatives to employees and visitors to the development.
The annual expenses are estimated at approximately $228,000.00 for 2023. Contributions are not to exceed fifty (50%) of the costs for those services, estimated at $114,000.00 for 2023, and will be made to the SPA to fund the security enhancements. Future modifications may be submitted if more funding is needed.
2. CONTRACT COMPLIANCE:
The vendor number is CC010217 and expires on June 8, 2024.
3. FISCAL IMPACT:
Funding for this contribution agreement is available within Fund 6500, the Mobility Enterprise Operating ...
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