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79-93 Ordinance AMENDED --",,--~~._~~ RECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 -- Ordinance N 0 ..?9.-:-.9.~.__~.~e.nded) Passedm. .19._.__ - -- AN ORDINANCE TO ACCEPT THE LOWEST/BEST BID FOR THE INNOVATION DRIVE EXTENSION STREET, STORM & WATER IMPROVEMENTS PROJECT AND DECLARING AN EMERGENCY ,... WHEREAS, after advertising, receiving and opening bids on September 9, '- 1993 for the Innovation Drive Extension Street, storm and Water Improvement project; and WHEREAS, Council has determined that the lowest and best bid for said project is from strawser paving Company inn the amount of $226,665,00. WHEREAS, the City of Dublin entered into a Tax Increment Financing I Agreement with Applied Innovation in order to induce them to relocate to I the City of Dublin; and WHEREAS, in order to fulfill the City's inducement obligation to complete this project as soon as possible, and; WHEREAS, it is necessary to amend the annual appropriations to provide sufficient funding for the project. NOW, THEREFORE'4E IT ORDAINED by the Council of the City of Dublin, state of Ohio, of the elected members concurring: Section 1- That the bid from strawser Paving Company, in the amount of $226,665.00 to extend Innovation Drive (formerly Enterprise Drive) is accepted. Section 2. That the City Manager and Finance Director be, and hereby are, authorized and directed to execute a contract with strawser Paving ",.. Company, for completion of said project pursuant to the bid specifications and documents on file in the office of the Department of Development. .... Section 3. That there be advanced from the General Fund the amount of $275,000 to the Applied Innovation Tax Increment Equivalent Fund for the purpose of extending Innovation Drive as required by the Tax Increment Financing Agreement. This advance is to be reimbursed to the General Fund from the service payment in lieu of taxes that are received from the Franklin County Auditor. Section 4. That there be appropriated from the unappropriated balance in the Applied Innovation Tax Increment Equivalent Fund the amount of $275,000 of the total; $29,400 is to be appropriated to account 48-03-14- 2349 for design costs, and 245,600 is to be appropriated to account 48-03- 24-2551 for construction of the project improvements. Section 5. That this Ordinance be, and hereby is, declared to be an emergency measure due to the fact that the Tax Increment Financing Agreement will serve to promote economic development and jobs within the City and preserve the public health, safety and welfare and, therefore, this Ordinance shall take effect and be in force immediately upon its passage. Passed this ~ O-r"- day of \ ,I""""'" ..... Attest: ~ a ~ Clerk of Council "- ... ~ ..> ,,'....~.~- !II_ .. R U'M! - .1-- ".lfJ..~.nt~UI~-lli': '. .'*.1_ lIl:!tlI ~ .111.. _," '" I.... .4..._"""....""',,".....,"-' ""."~<~",---' ....~=.~'",..~ .~.~''''''''''-''''"_-''''''__~"'.'"'_~'..,._.-"~ ".'"-,-'_u~,~,"".',""""-~'~",,.___.. . . / MEMORANDUM TO: Terry Foegler, Director of Development FROM: Balbir S. Kindra, City Engineer SUBJECT: Innovation Drive Extension, street, storm & Water Improvements DATE: September 9, 1993 On Wednesday, September 9, 1993 bids were received and publicly opened and read for the subject project. The one bid was received as shown on the attached bid form. Also attached is a copy of the bid tabulation for your information. strawser Paving Company was the only bidder for this project. They have a reputation for doing very high-quality work. It is recommended by the City Engineer that this contract be awarded to them. Attached is an Ordinance for approval as soon as possible by City Council prior to the award of this contract to strawser Paving Company. ~.~ ~ ( I~ 'vvkrv Balbir S. 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