A Resolution Authorizing THE AMENDMENT OF RESOLUTION NO. 314-05 ALLOWING THE CITY MANAGER TO ENTER INTO \n \n A MEMORANDUM OF UNDERSTANDING (MOU) WITH EAGLE AND PHENIX, JOINT VENTURES LLC \n \n AND UPTOWN, INC. FOR THE CONSTRUCTION OF THE SOUTHERN PORTION OF THE 12TH \n \n STREET STREETSCAPES AND A NEW SECTION OF THE RIVERWALK FROM THE RIVER CLUB. whereas, Eagle and Phenix Joint Venture, LLC is in the process of redevelopment of the \n \n Eagle and Phenix site. The redevelopment will consist of a mixed use property \n \n to include residential lofts and condominiums, office buildings, retail stores \n \n and restaurants; and,
whereas, Resolution No. 314-05 authorized the City Manager to enter into a Memorandum of \n \n Agreement in order to have an efficient construction process for the RiverWalk \n \n construction and the improvement on the Eagle and Phenix property that will \n \n permit the construction to be performed by one firm at a cost not to exceed \n \n $3.4 million, of which $2 million is from the Georgia Department of \n \n Transportation and $1.4 million is City funds; and, \n \n WHEREAS, the Georgia Department of Transportation has determined the use of \n \n its funds must be bid out as a separate contract, requiring that the proposed \n \n streetscapes improvements along 12th Street and the new section of the \n \n Riverwalk from the River Club be constructed in two phases, consisting of Phase \n \n One being the southern portion of the 12th Street streetscapes and the new \n \n section of the Riverwalk from the Riverwalk for a cost not to exceed $1.4 \n \n million, and Phase Two to be the northern section of the 12th Street \n \n streetscapes and remaining construction of the Riverwalk between 12th Street \n \n and 13th Street, for a cost not to exceed $2 million; and, \n \n WHEREAS, the Eagle and Phenix Joint Ventures, LLC and Uptown Columbus, Inc. \n \n will construct Phase One for a sum not to exceed $1.4 million and after \n \n completion transfer the property to the City.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY
RESOLVES AS FOLLOWS:
That the City Manager is authorized to enter into a Memorandum of Understanding \n \n with Eagle and Phenix Joint Venture, LLC and Uptown Columbus, Inc. for the \n \n construction of Phase One of the 12th Street Streetscapes and for the section \n \n of the Riverwalk from the River Club for a sum not to exceed $1.4 million. \n \n Funding for Phase I is available from Capital Improvement Program (40202) \n \n funds. Matching funds for Phase II will be utilized from SPLOST Streetscape \n \n (20236) funds.
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Introduced at a regular meeting of the Council of Columbus, Georgia, held the _________ day of _____________ 2006 and adopted at said meeting by the affirmative vote of _____________ members of said Council.
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