Explanation
Background: The Lincoln Theatre, an historic landmark in the City's King-Lincoln District, is undergoing extensive renovation and is scheduled to open on April 4, 2009. The City of Columbus has agreed to design and construct certain streetscape improvements around and near the theatre including, but not limited to, new sidewalks and curbs, a front entrance pull-off area, a Walk of Fame along Long Street in front of the theatre and pedestrian lighting. It is critical the improvements are completed during the 2008 construction season so as not to interfere with theatre clean-up and finishing touches in March 2009. For this reason it is desirable to modify the existing theatre renovation contract to include the construction of this work and to increase the dollar amount by $595,000 for a total contract amount of $8,595,000.
Fiscal Impact: $595,000 is available in Capital Fund 735 Northland and Other Acquisitions under Land Assemblage.
Emergency Justification: Emergency action is requested in order to complete these improvements prior to the theatre opening on April 4, 2009.
Title
To authorize the Director of Development to amend the Reimbursement Agreement for Lincoln Theatre Interior Renovations with the Lincoln Theatre Association by increasing the scope of work to include the construction of right-of-way improvements around the theatre perimeter and to increase the contract amount by $595,000; to authorize the expenditure of $595,000 from the Northland and Other Acquisitions Fund; and to declare an emergency. ($595,000)
Body
WHEREAS, the Lincoln Theatre Association is under contract with the City as the developer of the theatre renovations which are underway and scheduled to be completed in March 2009; and
WHEREAS, improvements around the theatre perimeter and near public parking areas must be completed in time for the Theatre opening on April 4, 2008; and
WHEREAS, construction of these improvements must occur duri...
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