Explanation
Background: This legislation authorizes the Public Service Director to enter into a $125,000.00 Guaranteed Maximum Cost Agreement with JDS Spring LLC for the construction of streetscape improvements on Spring Street between Pearl Street and Third Street, in front of 60 East Spring Street. Streetscape improvements include the construction of new sidewalks, curbs, street trees, and street lighting. These improvements will greatly enhance the appearance of the pedestrian environment. The Development Department has identified and negotiated this agreement and the Public Service Department will enter into contract and administer the agreement. More detailed descriptions are contained on the attached document. The formal competitive bidding requirements of Chapter 329 of the City Code are being waived for the procurement of engineering and construction services pursuant to this Guaranteed Maximum Cost Agreement.
Fiscal Impact: The Transportation Division budgeted $1.5 million in the 2004 Capital Improvements Budget for Downtown Streetscape improvements. Approximately $250,000 of this money has been spent to date for Downtown Streetscape improvements. This ordinance authorizes $125,000 for Downtown Streetscape improvements.
Title
To authorize the Public Service Director to enter into a Guaranteed Maximum Cost Agreement with JDS Spring LLC for the construction of downtown streetscape improvements on Spring Street between Pearl Street and Third Street, in front of 60 East Spring Street for the Transportation Division; to waive the competitive bidding requirements of the Columbus City Code, 1959, and to authorize the expenditure of $125,000.00 from the 1995, 1999 Voted Streets and Highways Fund. ($125,000.00)
Body
WHEREAS, the need exists to enter into a Guaranteed Maximum Cost Agreement for the construction of new downtown streetscape improvements on Spring Street between Pearl Street and Third Street, in front of 60 East Sprin...
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