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File #: 0696-2004    Version: 1
Type: Ordinance Status: Passed
File created: 4/1/2004 In control: Public Service & Transportation Committee
On agenda: 4/19/2004 Final action: 4/21/2004
Title: To authorize the Director of the Public Service Department, in accordance with Section 186 of the Columbus City Charter, to enter into a guaranteed maximum reimbursement contract for $400,000 with Royal Tallow Holdings Ltd. for the purpose of roadwork contruction at the former AC Humko site; to authorize the appropriation and transfer of $400,000 from the Special Income Tax Fund to the Voted 95, Voted 99 Streets and Highways Fund; to authorize the City Auditor to pay directly contractor(s) of Royal Tallow Holdings Ltd.; to waive provisions of competitive bidding; to authorize the expenditure of $400,000; and to declare an emergency. ($400,000)
Explanation

BACKGROUND: The ordinance authorizes the Director of the Public Service Department to enter into a guaranteed maximum reimbursement contract with Royal Tallow Holdings Ltd. for construction of roadways within the AC Humko redevelopment site in the Harrison West neighborhood of Columbus. Royal Tallow Holdings Ltd. have finalized plans for this traditional neighborhood development to include approximately 222 apartments, 62 condominiums and 41 single-family homes. Royal Tallow Holdings Ltd. anticipates site demolition, clean up and infrastructure work to commence in April of this year.


FISCAL IMPACT: This ordinance authorizes the transfer of $400,000 from the Special Income Tax Fund to the Voted 95, Voted 99 Streets and Highways Fund. The Special Income Tax transfer is a temporary measure until the City sells notes or bonds to fund this capital improvement.


EMERGENCY
JUSTIFICATION:
Emergency action is requested in order to undertake the construction of roadways prior to the start of housing construction.


Title

To authorize the Director of the Public Service Department, in accordance with Section 186 of the Columbus City Charter, to enter into a guaranteed maximum reimbursement contract for $400,000 with Royal Tallow Holdings Ltd. for the purpose of roadwork contruction at the former AC Humko site; to authorize the appropriation and transfer of $400,000 from the Special Income Tax Fund to the Voted 95, Voted 99 Streets and Highways Fund; to authorize the City Auditor to pay directly contractor(s) of Royal Tallow Holdings Ltd.; to waive provisions of competitive bidding; to authorize the expenditure of $400,000; and to declare an emergency. ($400,000)



Body

WHEREAS, Royal Tallow Holdings Ltd. has finalized plans for redevelopment of the former AC Humko site, a traditional neighborhood development to include approximately 222 apartments and 103 for sale condominiums; and

WHEREAS, Royal Tallow Holdings Ltd. is adm...

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