74-96 Ordinance
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RECORD OF ORDINANCES
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Dayton Legal Blank Co. Form No. 30043
74-96 Passedmm.mnn__..mnmnn__ mm.m' _.19.m__
Ordinance NO.mnn mummm
AN ORDINANCE TO ACCEPT THE
LOWEST/BEST BID FOR
EMERALD PARKWAY, PHASE ill - RINGS ROAD TO SHIER RINGS ROAD
APPROPRIATING FUNDS
",.... AND DECLARING AN EMERGENCY
... WHEREAS, the City of Dublin has entered into a Tax Increment Financing and Economic
Development Agreement (TIF/EDA), with The F. A. Kohler Company, R R Partners, and Duke
Reality Limited Partners, which provides for the construction of certain public improvements b
the City of Dublin; and
WHEREAS, after advertising, receiving and opening bids on July 10, 1996, for Emerald
Parkway, Phase III, Rings Road to 3000 feet north of Rings Road, as outlined in the TIF/EDA;
and
WHEREAS, Council has detennined that the lowest and best bid for said project is from George
1. Igel Company of Columbus, Ohio, in the amount of$4,338,727.25; and
WHEREAS, it is necessary to amend the annual appropriations ordinance to provide sufficient
funding for the project; and
WHEREAS, it is in the best interest of the City to execute this contract as soon as possible in
fulfillment ofit's TIF/EDA obligations, and so that construction can take place as outlined in the
TIF /EDA.
.... G NOW, THEREFORE BE IT ORDAINED by the Council of the City of Dublin, State of Ohio,
of the elected members concurring:
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....
Section 1. That the bid from George 1. Igel Company in the amount of $4,387,876.25 be, and
hereby is, accepted.
Section 2. That there be advanced from the General Fund the amount of $2,020,665.00, to
the Thomas/Kohler TIF Fund for the purpose of construction of Phase III of Emerald Parkway,
as provided for in the TIF/EDA. This advance is to be reimbursed to the General Fund from the
proceeds of a future debt issuance which will subsequently be retired from service payments in
lieu of taxes that will be received from the Franklin County Auditor.
Section 3. That there be appropriated from the unappropriated balance in the Thomas/Kohler
TIF Fund the amount of$4,826,665.00 to a~count 50-03-14-2551 for constructing Phase III of
Emerald Parkway and $194,000.00 to account 511-03-14-2349 for construction design costs as
defined in the TIF/EDA.
Section 4. That the City Manager is hereby authorized and directed to execute a contract with
George 1. Igel Company of Columbus, Ohio for completion of said project pursuant to the bid
specifications and documents on file in the office of the City Engineer.
.......
Section 5, That this Ordinance be, and the same hereby is, declared to be an emergency measure
for the preservation of the public peace, health or welfare of the residents of this City, and in
........ fulfillment of the City's Tax Increment Financing contractual obligations, and, therefore, this
Ordinance shall take effect and be in force immediately upon its passage.
, 996. poste in 'he
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Clerk of Council Sponsor: City Engineer
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MEMORANDUM
TO: Terry Foegler, Director of Development
FROM: Balbir S. Kindra, City Engineer
......
SUBJECT: Emerald Parkway - Phase III, Rings Road to Shier Rings Road
- DATE: July 11, 1 996
On July 10, 1996, bids were received and publicly opened and read for Emerald
Parkway, Phase III, from Rings Road to 3000 feet north of Rings Road. Two bids
were received as shown on the attached bid form. Bids submitted have been
reviewed and it is recommended that we award this contract to the lowest bidder,
George J. Igel Company for $4,338,727.25. The Engineer's estimate for this project
is $4,700,000.00. The George J. Igel Company is quite reputable and experienced
in this type of highway construction work. Currently they are working on Phase II of
Emerald Parkway and other projects in the City.
Attached is an emergency Ordinance for approval by City Council for award of
contract to George J. Igel Company of Columbus, Ohio, and for appropriation of
$4,826,665.00 from the Tax Increment Financing budget line 52-03-14-2551. The
purpose for the emergency ordinance is to meet obligations and commitment of the
Tax Increment Financing and Economic Development Agreements. Your prompt
- approval will help us finish this project in order to meet the City's economic goals and
commitments.
.....
Sincerely,
f;t.l!:t'r- ~ .14~L- .
Balbir S. Kindra, P.E.
City Engineer
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