Glen Strandberg
Staff Writer

If all continues to go as scheduled, the city of Columbus will award the bid for a new public works facility on Wednesday, April 25.

At its March 28 meeting, City Council passed two resolutions — one to adopt a capital improvement plan, and the other to provide for the issuance and sale of bonds, at a maximum of $1.38 million — in order for Columbus to proceed with the development of a public works building.

In 2004, Columbus Township commissioned TKDA to establish a public works facility needs analysis and master plan, which found the existing building to be lacking in several key areas.

With the adoption of Resolutions 07-16 and 07-17, the City of Columbus can award the bid, based on the capital improvement plan for years 2007-2011.

If certain requirements are met, cities may issue general obligation capital improvement bonds.

As stated by Springsted Incorporated, the independent financial advisory firm for Columbus, the city “believes the capital improvement process is an important element of responsible fiscal management. Major capital expenditures can be anticipated and coordinated so as to minimize potentially adverse financial impacts caused by timing and magnitude of capital outlays.”

According to Springsted’s recommendations, the bonds will be sold using a competitive bidding process on Wednesday, May 9, 2007, at 10 a.m., and awarded by the City Council at 7 p.m. that same day.

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