Explanation
BACKGROUND:
This legislation will repeal ordinance # 0659-2011 which authorized the Director of the Columbus Recreation and Parks Department to enter into a guaranteed maximum price agreement with Columbus Downtown Development Corporation (CDDC) for the administration of the Columbus Commons Park Project in the amount of $1,000,000.00. It has been determined that a grant agreement is a more appropriate method of funding for this project.
This legislation will authorize the Director of the Columbus Recreation and Parks Department to enter into a grant agreement with CDDC. This is the first of two $1,000,000.00 agreements. Total Recreation and Parks commitment to this project is $2,000,000.00.
The services provided by CDDC under the terms of the grant agreement for the Columbus Commons Park project will include planning, engineering, design, construction, and related services to continue developing the Columbus Commons downtown park.
Principal Parties:
Columbus Downtown Development Corporation
150 S Front Street, Suite 210
Columbus, Ohio, 43215
# 76-0704655
Emergency Justification:
Emergency action is necessary to allow CDDC to administer the development of the Columbus Commons band shell and maintain the construction schedule for this project.
Fiscal Impact:
The expenditure of $1,000,000.00 is budgeted in the Recreation and Parks Voted Recreation and Parks Bond Fund.
Title
To repeal Ordinance No. 0659-2011, passed May 16, 2011; to authorize the Director of Recreation and Parks to enter into a grant agreement with Columbus Downtown Development Corporation (CDDC) for administration of the Columbus Commons Park project; to authorize the expenditure of $1,000,000.00 from the Recreation and Parks Voted Bond Fund; and to declare an emergency. ($1,000,000.00)
Body
WHEREAS, Ordinance No. 0659-2011 authorized the Director of Recreation and Parks to enter into a guaranteed maximum price agreement with Columbus Dow...
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