Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Utilities to enter into a construction contract with Danbert, Inc., for the Greenway Avenue Area Water Line Improvements project, CIP #690236-100100, in an amount up to $4,534,285.44, and to encumber funds with the Department of Public Service for construction administration and inspection services in an amount up to $578,664.00, for a total expenditure of $5,112,949.44. It also increases the amount of loan funding that may be sought to finance this project.
The work consists of rehabilitating approximately 10,300 linear feet of 2-inch copper, 6-inch, 8-inch and 12-inch water mains. The work will be primary performed along Greenway Avenue, Parkwood Avenue, Burt Street, Eastwood Avenue, Woodland Avenue, Rose Avenue, Gibbard Avenue, East Fifth Avenue, North Broadleigh Road, Maryland Avenue, Denver Avenue, McAllister Avenue, East Cherry Street, and English Way.
Ordinance 1107-2022, passed 05/04/22, authorized the Department of Public Utilities to seek loan funding through the Water Supply Revolving Loan Account (WSRLA) Loan Agreements, jointly administered by the Ohio EPA’s Division of Environmental and Financial Assistance (DEFA) and the Ohio Water Development Authority (OWDA), for this project and several other projects. That legislation estimated the loan amount to cover the construction cost of the Greenway Avenue Area Water Line Improvements project would be $4,200,000.00. The actual construction cost for this project per the bids received for this project is higher than the $4,200,000.00 loan amount ORD 1107-2022 authorized for this project. This ordinance seeks City Council approval to increase the loan amount that can be sought for this project to cover the entire cost of construction and any additional administration costs that may be associated with seeking and administering the loan.
The Community Area for this ordinance will be 99 - Citywide as work will be perform...
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