Explanation
BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a Guaranteed Maximum Reimbursement Agreement (GMRA) with Blauser Capital Ltd. for the Big Run/Hellbranch Sanitary Sewer Extension Project, CIP 650604-100000, pursuant to Section 186 of the Columbus City Charter. The work consists of the construction of approximately 3,400 linear feet of 18-inch sanitary sewer and other such work as may be necessary to complete the contract in accordance with the project drawings (CC17267). The project is located along in the Westland planning area.
Upon passage of this Ordinance, the City of Columbus will agree to pay a guaranteed maximum reimbursement of $1,749,070.14 to Blauser Capital Ltd. for the Big Run/Hellbranch Sanitary Sewer Extension Project. The developer has agreed to construct the improvements at their cost and then obtain reimbursement from the City. Funding for the reimbursement is provided by the Department of Public Utilities. A guaranteed maximum cost reimbursement with Blauser Capital Ltd. for the Big Run/Hellbranch Sanitary Sewer Extension Project provides that they construct the public improvement on the City's behalf and that the project is publicly bid and subject to a reimbursement agreement with the City.
EMERGENCY DESIGNATION: Is not requested at this time.
PROJECT TIMELINE: The work under this contract shall be completed in a manner acceptable to the City within 180 calendar days after the date of the Notice to Proceed.
CONTRACT COMPLIANCE NO: 56-2377031| Exp. 04/04/2020 | MAJ | Vendor #: 025363
ECONOMIC EMPACT: This project will allow for increased development within the Westland area which will may lead to an increase in tax base and utility users. It will also provide sanitary sewer service to area that is currently unsewered thus allowing for future connections and increased water quality.
FISCAL IMPACT: This legislation authorizes the transfer within of $1,688,291.14 and the expenditure o...
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