Explanation
The Scioto Peninsula Project involves the replacement of surface parking with an underground parking facility to create space for a new city park adjacent to COSI.
This Ordinance authorizes an Agreement, pursuant to Columbus City Code Section 329.15 with the Columbus Downtown Development Corporation (CDDC), an Ohio not-for-profit corporation, for the design of an underground parking facility and a city park adjacent to COSI. CDDC is uniquely positioned to serve as the designer of this project due to its familiarity with the project and other redevelopment activities in the Downtown area and the Scioto Peninsula.
FISCAL IMPACT:
The city will be providing up to $4,000,000 in bond funds to the design of the facility subject to future appropriations and authorizations by Columbus City Council.
Title
To authorize the Director of the Department of Finance and Management to enter into the Scioto Peninsula Garage Design Agreement, pursuant to Columbus City Code Section 329.15, with the Columbus Downtown Development Corporation (CDDC), an Ohio not-for-profit corporation, for the design of a new an underground parking facility and city park adjacent to COSI; and to declare an emergency.
Body
WHEREAS, it is necessary for the Director of Finance and Management to enter into the Scioto Peninsula Garage Design Agreement, pursuant to Columbus City Code Section 329.15, with the Columbus Downtown Development Corporation (CDDC), an Ohio not-for-profit corporation, for the design of a new underground parking facility and a new city park adjacent to COSI; and
WHEREAS, the development of an underground parking facility will allow for the development of a new park that will provide for a significant amenity to the area thereby contributing to its location as a destination; and
WHEREAS, the underground parking facility will contain approximately 610 spaces on the property bounded by Broad on the north, Belle on the west, West State on the south, and Wolfe Drive on the east; and
WHEREAS, CDDC is uniquely positioned to serve as the designer of this project due to its familiarity with the project and other redevelopment activities in the Downtown area and the Scioto Peninsula; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Finance and Management in that it is immediately necessary to enter into said agreement so that planning for initial design can begin, project financing can be determined, and a cost effective construction start can be planned for 2016 design completion, thereby preserving the public health, safety and welfare; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of of the Department of Finance and Management is hereby authorized to enter into the Scioto Peninsula Garage Design Agreement, pursuant to Columbus City Code Section 329.15, with the Columbus Downtown Development Corporation (CDDC), an Ohio not-for-profit corporation, for the design of an underground parking facility and a new city park.
SECTION 2. That this legislation does not authorize any expenditure of funds and any financial commitments by the City and will be subject to future appropriations by Columbus City Council.
SECTION 3. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.