Explanation
Background: This ordinance authorizes the Director of Public Utilities to renew an existing agreement with Metropolis Capital Holdings, LLC dba Metropolis Ohio, LLC for the Department of Public Utilities Headquarters Parking Services. The renewal amount being authorized by this ordinance is $580,000.00.
The Department of Public Utilities aka Columbus Water & Power (CWP) moved its headquarters downtown in late 2025. Approximately 350 employees have made the move throughout 2025 and will continue moving through 2026. This contract is to provide parking services for employees that are making the move to the new headquarters. Parking services are unique as the proximity to the work location is of paramount consideration in order to provide safe, serviceable, and accessible access to employees’ vehicles.
CWP administration explored multiple nearby parking solutions and the parking garage owned and operated by Metropolis Capital Holdings, LLC dba Metropolis Ohio, LLC was determined to be the best choice due to the number of available parking spots, proximity to the new headquarters, and it being the most cost-effective choice. Additionally, administration determined the cost for these services is well under market value. This contract began in August 2025 with 200 parking spaces, then increase to 300 parking spaces in December 2025. An additional 50 spots are being added for this renewal to accommodate the remaining employees moving to the new headquarters before the end of the year.
The original term of the contract was for a period of one year from August 1st, 2025, up to and including July 31st, 2026, with yearly renewal options for an additional two years, for a maximum contract length of three years, on a year-by-year basis, authorized by Ordinance 1559-2025. The contract amount authorized was $428,480.00.
This ordinance authorizes the first one-year renewal option of the contract and is being submitted in accordance with the relevant provis...
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