Explanation
1. BACKGROUND
On August 29, 2008, the City entered into the Columbus Coated Fabrics Economic Development Agreement (EDA) with Wagenbrenner Development, Inc. under the authorization of Ordinance No. 1456-2007, passed by its Council on March 19, 2008, through which the City agreed to fund up to $12.85 million for the design and construction of improved public roadways and utilities in and around the former Columbus Coated Fabrics site.
This ordinance authorizes the Director of the Department of Public Service to enter into a design guaranteed maximum reimbursement agreement with Wagenbrenner Development, Inc., for an amount up to $700,000.00 for the design of public infrastructure improvements for Miscellaneous Economic Development - Weinland Park (Columbus Coated Fabrics) Phase 3B.
The scope of public infrastructure improvements for Miscellaneous Economic Development - Weinland Park (Columbus Coated Fabrics) Phase 3B consists of roadway resurfacing and the removal and replacement of curb and sidewalk along 11th Avenue from approximately 650’ east of High Street to Grant Avenue. Curb extensions will be added at appropriate intersections in accordance with the Weinland Park Community Mobility Plan and drainage structures will be added, where required, to maintain positive drainage. The first alleys to the north and south of 11th Avenue between 4th Street and Grant Avenue will be reconstructed. Traffic signals will be replaced and converted to utilize mast arm signal poles. New street lighting and street trees will be installed.
2. CONTRACT COMPLIANCE INFORMATION
The contract compliance number for Wagenbrenner Development, Inc. is 26-3039980. The expiration date is 1/18/2015.
3. FISCAL IMPACT
The Department of Development will contribute up to $700,000.00 for this design guaranteed maximum reimbursement agreement. This expense is budgeted within the Misc Econ Dev Cols Coated project 440104-100002 and is available within the Streets and Highwa...
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