Explanation
1. BACKGROUND:
This legislation authorizes the Director of Public Utilities to enter into contract with Fields Excavating, Inc., for the construction of the McDannald Estates Area Assessment Sewer Project, and to pay a maximum of $1,198,816.96 for the construction contract; construction inspection; and prevailing wage coordination services.
This project is necessary to construct sanitary sewer improvements for the McDannald Estates subdivision which is located on the northeast side of the City of Columbus along Sunbury Rd., south of State Route 161.
2. BID INFORMATION:
The Director of Public Utilities publicly opened three competitive bid proposals on June 24, 2004. The results of these bids were Fields Excavating submitted a bid of $1,048,816.96| Complete General Construction -$1,597,223.79| Nickolas M. Savko & Sons-$1,753,531.96. The Engineer's Estimate for this project was $931,233.20. Bid is recommended to the lowest, best, responsive and responsible bidder.
3. FISCAL IMPACT:
This project is being constructed in accordance with the special assessment provisions of the Columbus City Codes. Funding for this project is being provided by a note from the City of Columbus's Treasury Investment Board (Ord. 1865-2004). Upon completion of the project, property owners will be notified of their final assessment for the improvements. After payments have been accounted for, the City will bond the remaining balance of the property owners share of the project. This bond will then be retired from proceeds from the special assessment receipts included within the individual property owner's property tax bill over a ten year period.
Title
To authorize the Director of Public Utilities to enter into contract with Fields Excavating, Inc. for the construction of the McDannald Estates Area Assessment Sewer Project, to provide for the payment of construction inspection and prevailing wage coordination services; and to authorize the appropriat...
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