Explanation
BACKGROUND: The purpose of this legislation is to authorize the Director of Finance and Management to enter into a Guaranteed Maximum Reimbursement Agreement (GMRA) and a Facilities Operating Agreement between the City of Columbus (“City”) and the Central Ohio Transit Authority (“COTA”) for the construction and operation of a Satellite CNG Fueling Facility (SFF) that will be located at 1400 McKinley Avenue. The Guaranteed Maximum Cost Reimbursement Agreement defines the plans and commitments of both parties relating to the construction of the SFF, while the Facilities Operating Agreement sets forth in detail the specific terms and conditions regarding the City’s use of the SFF, the formula for calculation of the City’s cost for fuel pumped, billing procedures, and COTA’s responsibilities for operation and maintenance of the SFF. The City and COTA will jointly construct the SFF on COTA’s property located at 1438 McKinley Avenue Columbus, Ohio 43222. COTA has agreed to provide fuel and infrastructure support to the SFF from its existing CNG fueling station located on COTA’s property at 1438 McKinley for use by City, and on a limited basis in the future, to the general public.
Under the terms of the GMRA, COTA will act as the general contractor for design and construction of the SFF. COTA will supervise the project construction and administration teams and execute the appropriate contracts authorizing the construction of the SFF with the City acting as the owner representative for the project. COTA will grant the City a perpetual non-exclusive easement providing the City rights to the use of the SFF and the City shall reimburse COTA all agreed upon cost related to the complete construction of the SFF.
Fiscal Impact: The City’s maximum cost under the GMRA is $3,700,000.00 which has been budgeted in the 2014 Capital Improvement Budget and is available in the Fleet Management Bond Fund.
Title
To authorize the Director of the Department of Finan...
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