Explanation
Background: The attached Ordinance is to levy special assessments to pay for a portion of the costs of Reynolds Crossing Boulevard in accordance with a petition for those special assessments. In 2005, City Council passed Resolution 0109X-2005 determining the necessity of that improvement and Ordinance 1250-2005 determining to proceed with the construction of that improvement as part of a public-private partnership with the developer of the Reynolds Crossing neighborhood. The attached Ordinance is the final legislative step in the partnership process. In addition to levying the special assessments, the attached Ordinance approves an amendment to the original special assessment petition that further clarifies the timing of the special assessments, authorizes the Public Service Director to execute a guaranteed maximum price agreement for the purchase for the Reynolds Crossing Boulevard improvement and appropriates the special assessments received by the City to pay for the improvements. Because the agreement is entered into pursuant to Section 186 of the Charter, competitive bidding is not required, and therefore, it is necessary to waive the bidding provisions of chapter 329 of the Columbus City Codes.
Fiscal Impact: No funding is required for this legislation.
Title
To approve an amendment to the petition for special assessments for the improvement of Reynolds Crossing Boulevard and related roadway improvements; to levy those special assessments; to appropriate all of those special assessments collected to pay for costs of those improvements; to authorize the Director of Public Service to execute a guaranteed maximum price agreement under Section 186 of the Charter of the City of Columbus for those improvements; to waive the competitive bidding provisions of the Columbus City Codes; and to determine that such action is necessary pursuant to Section 55(b) of the Charter of the City of Columbus.
Body
WHEREAS, the owners of 10...
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