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File #: 1916-2011    Version: 1
Type: Ordinance Status: Passed
File created: 10/28/2011 In control: Public Utilities Committee
On agenda: 11/21/2011 Final action: 11/23/2011
Title: To authorize the Director of Public Utilities to enter into a Guaranteed Maximum Reimbursement agreement with the Franklin County Engineer's Office, pursuant to the Columbus City Charter, for the construction of street lighting improvements associated with the Livingston Avenue over Big Walnut Creek project; to authorize the transfer and expenditure of $30,000.00 from the Build America Bonds Fund; to amend the 2011 Capital Improvements Budget; and to declare an emergency. ($30,000.00)
Explanation

BACKGROUND: This legislation authorizes the Director of Public Utilities to enter into a Guaranteed Maximum Reimbursement agreement with the Franklin County Engineer's Office for the construction of City street lights associated with the Franklin County Project FRA-CR15-7.56, known as the Livingston Avenue over Big Walnut Creek project. The Franklin County Engineer's Office has agreed to construct the improvements at their cost and then obtain reimbursement from the City. Upon passage of this Ordinance the City of Columbus will agree to pay a guaranteed maximum reimbursement amount of $30,000 to the Franklin County Engineer's Office.

A guaranteed maximum cost reimbursement with the Franklin County Engineer's Office provides that they construct the public improvements on the City's behalf; that the project is publicly bid and subject to the reimbursement agreement with the City.
Emergency action is requested as the improvements are of immediate concern due to the project staying on schedule and the project cannot commence until the City has entered into an executed guaranteed maximum reimbursement agreement with the Franklin County Engineer's Office.

FISCAL IMPACT: This ordinance identifies funds in the amount of $30,000 .00 from the Electricity Build America Bonds Fund to fund these necessary improvements. The maximum amount of reimbursement to be expended by the Ordinance is $30,000.00.

Title

To authorize the Director of Public Utilities to enter into a Guaranteed Maximum Reimbursement agreement with the Franklin County Engineer's Office, pursuant to the Columbus City Charter, for the construction of street lighting improvements associated with the Livingston Avenue over Big Walnut Creek project; to authorize the transfer and expenditure of $30,000.00 from the Build America Bonds Fund; to amend the 2011 Capital Improvements Budget; and to declare an emergency. ($30,000.00)

Body

WHEREAS, the Director of Public Utilities needs to...

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