Explanation
Background: This legislation authorizes the Public Service Director to enter into a $600,000.00 Guaranteed Maximum Cost Agreement with Broad & High Development LLC (CC#31-1668984, expiration 2/1/09) for the construction of streetscape improvements on Broad Street and High Street adjacent to the Broad & High redevelopment project located at the northeast corner of Broad & High Streets. The Broad & High redevelopment project involves the renovation of the existing 16-story building at 8 East Broad Street for 23 residential units and the construction of a four-story building on the remainder of the site which will contain a below-grade parking level, ground floor retail and upper story office. Streetscape improvements include construction of sidewalks, curbs, street trees, and street lighting. These improvements will greatly enhance the appearance of the public pedestrian environment. More information is contained on the attached Detailed Project Description document. The Development Department has identified and negotiated this Agreement and the Public Service Department will enter into contract and administer the Agreement. 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.
Fiscal Impact: This expense is budgeted in the 1995, 1999, 2004 Voted Streets and Highways Fund, Fund 704, Downtown Streetscape project.
Title
To authorize the Public Service Director to enter into a Guaranteed Maximum Cost Agreement pursuant to Section 186 of the Columbus City Charter with Broad & High Development LLC for the construction of downtown streetscape improvements at the northeast corner of Broad Street & High Street for the Transportation Division, to waive the competitive bidding requirements of the Columbus City Code, 1959, and to authorize the expenditure of $600,000.00 from the Voted 1995, 19...
Click here for full text