Explanation
1. BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a reimbursement agreement with the Graceland Shoppers Limited Partnership for the construction of specified sections of the Leland Ave. Ditch Storm Sewer Project which is located in the Clintonville community of the city.
The Graceland Shoppers Limited Partnership, hereinafter referred to as the developer, has plans of redeveloping the Graceland Shopping Center for purposes of constructing new facilities for a new tenant. The City has caused the preparation of construction plans and specifications for stormwater improvements that require the installation of a large diameter storm sewer through the Graceland Shopping Center, however, the construction schedules projected by the City were not fast enough for the proposed construction schedule of the developer's plans. In order to avoid delaying the subject development and to avoid having the City disturb new and expensive land improvements, thereby incurring much higher construction costs, the developer has agreed to incorporate the construction of the storm sewer improvements into its development plans. The developer further agrees to provide the permanent easements at no further cost to the City. In exchange for this, the City shall agree to reimburse the developer for documented construction and related costs that are associated with the subject capital improvements project, up to a maximum of $609,327.00.
The Division anticipates constructing the upstream portions of the Leland Ave. Ditch Storm Sewer Project and associated sanitary sewer improvements at a later date.
2. BID INFORMATION: In accordance with Section 186 of the Columbus City Charter, this contract shall contain a guaranteed maximum cost and stipulate that the City shall pay within such maximum the cost of labor and materials to be paid to the Developer. As a condition of the agreement, the Developer is required to comply with the co...
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