Explanation
1. BACKGROUND
This ordinance seeks authorization for the Director of the Department of Public Service to enter into a Guaranteed Maximum Reimbursement Agreement for an infrastructure master plan with Columbus Downtown Development Corporation (CDDC), for up to $113,300.11, for the Roadway Improvements - Scioto Peninsula project.
Columbus Downtown Development Corporation is undertaking the redevelopment of the 56-acre Scioto Peninsula. The Scioto Peninsula is located on the western edge of downtown Columbus along the riverfront of the Scioto River.
Efficient redevelopment of the Scioto Peninsula requires an infrastructure master plan that will analyze existing public infrastructure and plan any future public infrastructure improvements necessary for supporting new development in the planning area.
The City of Columbus and Columbus Downtown Development Corporation are engaged in a Public-Private Partnership (3P) for the Scioto Peninsula Infrastructure Master Plan.
The scope of public improvements for the master plan portion of the Roadway Improvements - Scioto Peninsula project, include, but are not limited to, sanitary sewer analysis, storm water master planning, traffic volume data collection, traffic analysis, water main analysis, environmental assessment screening, utility coordination, cost estimating, scheduling, and analyses reporting documents.
2. CONTRACT COMPLIANCE INFORMATION
The contract compliance number for Columbus Downtown Development Corporation is 760704655. The expiration date is 2/14/16.
3. FISCAL IMPACTS
The City shall reimburse CDDC up to $113,300.11, with Department of Public Service contributing up to $34,550.11 and the Department of Public Utilities contributing up to $78,750.00.
Funds in the amount of $34,550.11 are available for this project in the Streets and Highways Bond Fund within the Department of Public Service and funds in the amount of $78,750.00 are available in the Water Works Enlargement Voted Bonds Fun...
Click here for full text