City of Columbus - File #: 0672-2011

• File #: 0672-2011
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 4/20/2011
• In control: Recreation & Parks Committee
• On agenda: 5/16/2011
• Final action: 5/18/2011
• Title: To authorize and direct the Director of Recreation and Parks to enter into a Guaranteed Maximum Reimbursement Agreement with Franklin County Historical Society, dba COSI, for the renovation of the COSI facility and surrounding grounds; to authorize the transfer of $500,000.00 within the Recreation and Parks Voted Bond Fund; to authorize the expenditure of $500,000.00 from the Recreation and Parks Voted Bond Fund; and to declare an emergency. ($500,000.00),

Date	Ver.	Action By	Action	Result
5/18/2011	1	CITY CLERK	Attest
5/17/2011	1	MAYOR	Signed
5/16/2011	1	Columbus City Council	Approved	Pass
5/16/2011	1	COUNCIL PRESIDENT	Signed
5/6/2011	1	FINANCE DIRECTOR	Reviewed and Approved
5/6/2011	1	Rec & Parks Drafter	Sent for Approval
5/6/2011	1	Auditor Reviewer	Reviewed and Approved
5/6/2011	1	CITY AUDITOR	Reviewed and Approved
5/6/2011	1	Rec & Parks Drafter	Sent for Approval
5/6/2011	1	CITY ATTORNEY	Reviewed and Approved
5/6/2011	1	Rec & Parks Drafter	Sent to Clerk's Office for Council
5/4/2011	1	Finance Reviewer	Reviewed and Approved
5/4/2011	1	Finance Reviewer	Reviewed and Approved
5/3/2011	1	Finance Reviewer	Reviewed and Approved
4/21/2011	1	Rec & Parks Drafter	Sent for Approval
4/20/2011	1	Rec & Parks Drafter	Sent for Approval
4/20/2011	1	REC & PARKS DIRECTOR	Reviewed and Approved

Explanation

BACKGROUND:
The City of Columbus owns Genoa Park immediately east of COSI along with the building that COSI operates which is located at 333 W. Broad St., Columbus, Ohio, 43215. The City has determined that it is in their best interest to enter into an agreement with the Franklin County Historical Society (dba COSI) for the purposes of renovating and improving the building and surrounding grounds. In order to facilitate the renovation of the building, it is necessary for the City and COSI to enter into this agreement for the purposes of setting forth the terms and conditions therein.

The Guaranteed Maximum Cost to be reimbursed by the City for the design and construction of improvements shall not exceed $500,000.00.

This ordinance allows the Director of Recreation and Parks to authorize payment of Recreation and Parks Voted Bond Funds for the renovation of COSI facility.

Principal Parties:
Franklin County Historical Society
Contract Compliance is #314383802.
This is a non-profit organization.

FISCAL IMPACT:
The expenditure of $500,000.00 is budgeted in the Recreation and Parks Voted Recreation and Parks Bond Fund.

Title
To authorize and direct the Director of Recreation and Parks to enter into a Guaranteed Maximum Reimbursement Agreement with Franklin County Historical Society, dba COSI, for the renovation of the COSI facility and surrounding grounds; to authorize the transfer of $500,000.00 within the Recreation and Parks Voted Bond Fund; to authorize the expenditure of $500,000.00 from the Recreation and Parks Voted Bond Fund; and to declare an emergency. ($500,000.00),

Body
WHEREAS, it is necessary for the Department of Recreation and Parks to enter into a Guaranteed Maximum Cost Agreement with Franklin County Historical Society for the purpose of design and construction services for the renovation of the COSI facility and surrounding grounds; and

WHEREAS, funds are being moved to alternate proje...