Explanation
Background: This legislation authorizes the Public Service Director to enter into a $176,380.00 Guaranteed Maximum Cost Agreement with Campus-Seneca LLC (dba Campus Apartments, contract compliance number 20-1728309, expiration 6/17/2010) for the construction of streetscape improvements on Broad Street and Grant Avenue adjacent to the Seneca Apartments redevelopment project located at the southeast corner of Broad Street and Grant Avenue. The Seneca Apartments redevelopment project involves the renovation of the existing 10-story building at 361 E. Broad Street that was designed by renowned Ohio architect Frank Packard in 1917 and is on the City's Register of Historic Places. The current owners, Campus-Seneca LLC (dba Campus Apartments), purchased the long vacant building in 2004 for renovation into 77 residential apartments and the construction of a ground floor retail and lobby space within the historic building. Streetscape improvements include construction of sidewalks, curbs, street trees, and street lighting. These improvements will greatly enhance the appearance of the public pedestrian environment. More information is contained on the attached Detailed Project Description document. The Development Department has identified and negotiated this Agreement and the Public Service Department will enter into contract and administer the Agreement. 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: This expense is budgeted in the Streets and Highways G.O. Bonds Fund, Fund 704, Downtown Streetscape project.
Title
To authorize the Public Service Director to enter into a Guaranteed Maximum Cost Agreement with Campus-Seneca LLC (dba Campus Apartments) for the construction of streetscape improvements on Broad Street and Grant Avenue for the Transportation Division; to...
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