Explanation
1. BACKGROUND:
This legislation authorizes the Director of the Department of Public Utilities on behalf of the City of Columbus, Ohio (the “City”) to enter into a Construction Guaranteed Maximum Reimbursement Agreement with OhioHealth Corporation (hereinafter the “Developer”).
The Developer is undertaking sanitary sewer improvements west of the Olentangy River, east of Olentangy River Rd and south of West North Broadway. This project will extend the sanitary sewer system by connecting into an existing 78" sanitary sewer in order to serve new developments via gravity sewers. The City agrees to reimburse the Developer up to four hundred thousand dollars ($400,000.00) to aid in the cost of the relocation.
2. CONTRACT COMPLIANCE INFORMATION:
OhioHealth Corporation will be required to become contract compliant before entering into agreement with the City.
3. FISCAL IMPACT:
Funds in the amount of four hundred thousand dollars ($400,000.00) are available for this project in the Streets and Highways G.O. Bonds Fund under the Department of Development. An amendment to the 2017 Capital Improvements Budget is necessary for the purpose of providing sufficient spending authority for the aforementioned project expenditure.
4. EMERGENCY JUSTIFICATION: Emergency action is requested so that the project can continue without delay.
Title
To authorize the Director of the Department of Public Utilities to enter into a Construction Guaranteed Maximum Reimbursement Agreement with OhioHealth Corporation; to authorize the City Auditor to transfer cash and appropriation between projects within the Streets and Highways Bond Fund; to authorize the expenditure of four hundred thousand dollars ($400,000.00) within the Streets and Highways G.O. Bonds Fund; to amend the 2017 Capital Improvement Budget; and to declare an emergency. ($400,000.00)
Body
WHEREAS, OhioHealth Corporation (the ”Developer”) is undertaking sanitary sewer improvements west of the Olent...
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