Explanation
This legislation authorizes the Director of Recreation and Parks to execute a settlement agreement and mutual release with Shaw & Holter, Inc., and Jones-Stuckey Ltd. for the Academy Park Suspension Bridge project.
The City undertook a rehabilitation of the Academy Park Suspension Bridge. Shaw & Holter and Jones-Stuckey teamed together and were selected to provide services for the project. The parties entered into a contract dated March 14, 2013.
After the project was completed, the bridge experienced a cable failure on April 15, 2015. A dispute arose with respect to the cause, liability, and cost to repair the bridge.
Shaw and Holter, Inc., will pay the City of Columbus Department of Recreation and Parks $80,000 to compensate for the additional costs associated with the repairs.
Jones-Stuckey Ltd., will pay the City of Columbus Department of Recreation and Parks $220,000 to compensate for the additional costs associated with the repairs.
Emergency Justification: Emergency action is requested in order to proceed with settlement agreement and release immediately for the City of Columbus to receive reimbursement for the repair cost.
Fiscal Impact: Settlement funding received shall be deposited to Fund 7747. $300,000.00 will be deposited to the Recreation and Parks Permanent Improvement Fund 7747.
Title
To authorize the Director of Recreation and Parks to enter into settlement agreements with Shaw & Holter, Inc., and Jones-Stuckey Ltd. for the Academy Park Suspension Bridge project; to accept paid settlements in the amount of $300,000.00 to the Recreation and Parks Permanent Improvement Fund; and to declare an emergency. ($300,000.00)
Body
WHEREAS, the City undertook a rehabilitation project of the Academy Park Suspension Bridge with the team of Shaw & Holter, as the contractor, and Jones-Stuckey, as the engineer. The parties entered into a contract dated March 14, 2013; and
WHEREAS, after the project was completed, the bridge ...
Click here for full text