1. BACKGROUND
This ordinance authorizes the Director of Public Service to enter into a design and construction reimbursement agreement with Capital Crossroads Special Improvement District for an amount up to $550,000.00.
This reimbursement agreement in the amount of $550,000.00 is needed to design and construct landscape and street features that are of a non-traditional variety for ownership by the City. The improvements consist of four types of streetscape elements (decorative sign poles, standard icon for the tops of decorative sign poles, small surface-mounted planters and large surface-mounted planters) and all concrete work required to support such elements. The project area includes the sidewalk in the right of way on the north side of Broad Street between High and Third, the west side of High Street between Broad and State, the south side of State Street between High and Third, and the east side of Third Street between State and Broad across from the State Capitol.
2. CONTRACT COMPLIANCE INFORMATION
The contract compliance number for Capital Crossroads Special Improvement District is 341939884 and expires 2/3/14.
3. FISCAL IMPACT
The Department of Public Service will contribute up to $550,000.00 for this design and construction reimbursement agreement with Capital Crossroads Special Improvement District. This expense is budgeted within the 2012 C.I.B. and available within the Streets and Highways G.O. Bonds Fund.
4. EMERGENCY DESIGNATION
The Department of Public Service is requesting this ordinance to be considered an emergency measure in order to allow for immediate execution of this agreement which is necessary to facilitate the design of these improvements.
Title
To authorize the Director of Public Service to enter into a design and construction reimbursement agreement with Capital Crossroads Special Improvement District pursuant to Section 186 of the Columbus City Charter, for the design and construction of public infrastructure imp...
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