Explanation
1. BACKGROUND
This ordinance seeks authorization for the Director of the Department of Public Service to enter into a Design Guaranteed Maximum Reimbursement Agreement with Daimler Group, Inc., for up to $55,000.00 to design the Streetscape Improvements - High Street - Rich Street to Main Street project.
Daimler Group, Inc. is redeveloping the 0.76-acre parking lot adjacent to the City Center Parking Garage for the 250 South High project and anticipates beginning construction in December 2013. The 250 South High project is comprised of a new 12-story building with 136,000 square feet of commercial office and 156 apartments.
In support of the continued redevelopment of the downtown, the City of Columbus and Daimler Group, Inc. are engaged in a Public-Private Partnership (3P) to design streetscape improvements along High Street between Rich Street and Main Street in support of the new 250 South High project in the River South District of downtown Columbus.
The scope of public improvements for the Streetscape Improvements - High Street - Rich Street to Main Street project include, but are not limited to: the addition of a 40' paver drop off on High Street 190' north of E. Main Street; the removal and reinstallation of sidewalk, street trees, and pedestrian/street lighting on High Street between Main Street and Rich Street (360 feet), Main Street east of High St (80 feet) and Rich Street east of High St (80 feet). In addition, the existing approach curb will be removed and replaced with granite curb for 80 feet along Rich St and 40 feet along Main St and new stripping and signage will be installed on Main St (45") for a loading area.
2. CONTRACT COMPLIANCE INFORMATION
The contract compliance number for Daimler Group, Inc. is 31-1058348. The expiration date is July 9, 2014.
3. FISCAL IMPACTS
The Department of Development will contribute up to $55,000.00 for this design guaranteed maximum reimbursement agreement. This expense is budgeted within ...
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