Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Service to enter into a Design Guaranteed Maximum Reimbursement Agreement with the Columbus State Foundation in an amount of up to $350,000.00 for the Roadway Improvements - Creative Campus Phase 2 project (the “Project”).
The Columbus State Foundation is undertaking the design of the Project, which will result in the construction of various improvements to Cleveland Avenue between Long Street and Mount Vernon Avenue, in connection with Columbus State Community College’s new culinary school project.
The purpose of this legislation is to provide for the reimbursement of up to $350,000.00 to the Columbus State Foundation for eligible Project design costs.
2. CONTRACT COMPLIANCE INFORMATION
The Columbus State Foundation will be required to become contract compliant before entering into agreement with the City.
3. FISCAL IMPACT
Funds in the amount of $350,000.00 are available for this project in the Streets and Highways Bond Fund, Fund 7704, within the Department of Public Service.
4. EMERGENCY DESIGNATION
Emergency action is requested so as to allow for the immediate execution of the requisite Design Guaranteed Maximum Reimbursement Agreement, which is necessary to facilitate the design of these improvements, in order to maintain the project schedule and to meet community commitments.
Title
To authorize the Director of Public Service to enter into a Design Guaranteed Maximum Reimbursement Agreement with the Columbus State Foundation in connection with the Roadway Improvements - Creative Campus Phase 2 project; to authorize the expenditure of $350,000.00 within the Streets and Highways Bond Fund; and to declare an emergency. ($350,000.00) AMENDED BY ORD. 0016-2018; PASSED 4/2/2018.
Body
WHEREAS, the Columbus State Foundation is undertaking the design of the Roadway Improvements - Creative Campus Phase 2 project (the “Project”) in connection with Columbus State Community College...
Click here for full text