Explanation
BACKGROUND: This legislation authorizes the Finance and Management Director to renew a Facilities Management Agreement with Paradigm Properties of Ohio for professional building management services to assist the City in properly maintaining and operating the Jerry Hammond Center (JHC) at 1111 E. Broad Street and the Franklin County Municipal Court Building (MCB) at 375 S. High Street. This Facilities Management Agreement was approved by City Council via Ordinance 0767-2012 and was later modified by Ordinance Ord. 0736-2017 to provide for an extension of the contract for an additional two (2)-year term. This extension was necessary in order to allow for the necessary time to process a new Request for Proposal for building management services. This legislation therefore authorizes the Finance and Management Director to renew the existing Facilities Management Agreement with Paradigm Properties of Ohio for the final annual (1)-year term (May 1, 2018 - April 30, 2019). The Department of Finance and Management will solicit new Request for Proposals in 2018, with the new building management services contract becoming effective on May 1, 2019.
Under this one-year renewal, all terms and conditions of the existing contract will remain unchanged. Payment to Paradigm Properties of Ohio, LLC is authorized for the period May 1, 2018 - April 30, 2019 of: $1,028,611.00 from the Property Management Fund for operating expenses associated with the JHC of which $750,852.00 is for payment of 2018 JHC building operating expenses and $277,759.00 is payment of the building management fee; and $1,159,110.00 from the 2018 General Fund for the operating expenses of the Municipal Court which includes $748,510.00 for payment of 2018 MCB building operating expenses and payment of $410,600.00 for the building management fee.
Fiscal Impact: This ordinance authorizes an expenditure of $1,028,611.00 from the Property Management Fund and $1,159,110.00 from the General Fund with...
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