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File #: 0680-2011    Version: 1
Type: Ordinance Status: Passed
File created: 4/21/2011 In control: Public Utilities Committee
On agenda: 5/16/2011 Final action: 5/18/2011
Title: To authorize and direct the Director of Public Utilities to modify all contracts and agreements with Crace Construction Company by assigning past, present and future contracts and agreements to Crace Construction Company Liquidating Trust, and to declare an emergency. ($0)
Date Ver.Action ByActionResultAction DetailsMeeting Details
5/18/20111 CITY CLERK Attest  Action details Meeting details
5/17/20111 MAYOR Signed  Action details Meeting details
5/16/20111 Columbus City Council ApprovedPass Action details Meeting details
5/16/20111 COUNCIL PRESIDENT Signed  Action details Meeting details
5/6/20111 Utilities Reviewer Sent to Clerk's Office for Council  Action details Meeting details
5/5/20111 EBOCO Reviewer Reviewed and Approved  Action details Meeting details
5/5/20111 Utilities Drafter Sent for Approval  Action details Meeting details
5/5/20111 CITY ATTORNEY Reviewed and Approved  Action details Meeting details
5/2/20111 Utilities Drafter Sent for Approval  Action details Meeting details
5/2/20111 EBOCO Reviewer Sent for Approval  Action details Meeting details
4/29/20111 FINANCE DIRECTOR Reviewed and Approved  Action details Meeting details
4/29/20111 Utilities Drafter Sent for Approval  Action details Meeting details
4/29/20111 Auditor Reviewer Reviewed and Approved  Action details Meeting details
4/29/20111 CITY AUDITOR Reviewed and Approved  Action details Meeting details
4/28/20111 Finance Reviewer Reviewed and Approved  Action details Meeting details
4/28/20111 Finance Reviewer Reviewed and Approved  Action details Meeting details
4/27/20111 Finance Reviewer Reviewed and Approved  Action details Meeting details
4/26/20111 Utilities Reviewer Sent for Approval  Action details Meeting details
4/26/20111 Utilities Reviewer Sent for Approval  Action details Meeting details
4/26/20111 UTILITIES DIRECTOR Reviewed and Approved  Action details Meeting details
4/26/20111 Utilities Reviewer Sent for Approval  Action details Meeting details
4/25/20111 Utilities Reviewer Reviewed and Approved  Action details Meeting details
4/22/20111 Utilities Drafter Sent for Approval  Action details Meeting details
4/22/20111 Utilities Reviewer Reviewed and Approved  Action details Meeting details
4/22/20111 Utilities Drafter Sent for Approval  Action details Meeting details
Explanation

1. BACKGROUND: The Department of Public Utilities is currently under contract with Crace Construction Company. Crace Construction Company has reorganized from a company into a trust and the new company name will be Crace Construction Company Liquidating Trust. Therefore, this Ordinance authorizes the assignment of all past, present and future business done by the City of Columbus with Crace Construction Company FID 31-0957857, to be reassigned as Crace Construction Company Liquidating Trust, FID 61-1607141, with an expiration date of 04/21/2013.

2. FISCAL IMPACT: No additional monies are required to modify the option contracts. Each agency must set aside their own funding for their estimated expenditures.

The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State Unresolved Findings for Recovery Certified Search.

3. EMERGENCY DESIGNATION: In order to maintain uninterrupted service to City agencies contracted with this firm, this Ordinance is being submitted as an emergency.

Title

To authorize and direct the Director of Public Utilities to modify all contracts and agreements with Crace Construction Company by assigning past, present and future contracts and agreements to Crace Construction Company Liquidating Trust, and to declare an emergency. ($0)

Body

WHEREAS, the Department of Public Utilities have established various contracts and agreements with Crace Construction Company; and

WHEREAS, Crace Construction Company has reorganized from a company into a trust and the new company name will be Crace Construction Company Liquidating Trust and in addition to notifying the City of this change, Crace Construction Company Liquidating Trust has agreed to honor the past, present and future contracts and agreements established; and

WHEREAS, an emergency exists in the usual daily operation of the Departme...

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