Explanation
BACKGROUND: In response to the housing mortgage crisis, the city of Columbus was awarded $22,845,495.00 of Neighborhood Stabilization Program (NSP) grant funds from the U.S. Department of Housing and Urban Development (HUD). The funds will provide for the purchase of foreclosed or abandoned properties, redevelopment, rehabilitation or demolition of these properties in order to stabilize neighborhoods and stem the decline of house values of neighboring homes.
This legislation will increase and extend contracts with Watson General Contracting, LLC and Ransom Company to provide demolition services on blighted vacant structures. Watson General and the Ransom Company were selected from a pool of five companies that responded to the request for bids. The companies were selected based on lowest bid, prior experience, and qualifications. Ordinance 0833-2009 authorized the original contracts with Watson General and Ransom Company.
Watson General Contracting, LLC, Contract Compliance #31-1429409 (Expires 5/07/11)
Ransom Company, Contract Compliance #269401266 (Expires 2/26/12)
FISCAL IMPACT: Funding is available from a $22,845,495.00 Neighborhood Stabilization Program (NSP) grant from the U.S. Department of Housing and Urban Development (HUD).
EMERGENCY JUSTIFICATION: Emergency action is requested in order to remove blighted vacant structures in City neighborhoods as soon as possible.
Title
To authorize the Director of the Department of Development to increase and extend contracts with Watson General Contracting, LLC and Ransom Company for the provision of demolition services on vacant structures within the municipal boundaries of the City of Columbus; to authorize the expenditure of up to $390,000.00 from the General Government Grant Fund; and to declare an emergency ($390,000.00)
Body
WHEREAS, ordinance 1860-2008 adopted the City's Neighborhood Stabilization Program, authorized the filing of the Neighborhood Stabilizat...
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