Explanation
BACKGROUND: The duties and responsibilities of the new Department of the Inspector General, as defined in Chapter 235.05 of Columbus City Codes, make it advisable to locate the Department in suitable leased commercial office space to support its operational needs. Commercial office space has been identified at 50 W. Town Street that will meet the operational needs of the Department. This ordinance authorizes the Department of Finance and Management Director to execute those documents necessary, by and between the City and Columbus Downtown Development Corporation (CDDC), for the lease of temporary and permanent office space to house the operations of Department of the Inspector General and to make certain modifications to the space to meet operational needs. This ordinance also authorizes the appropriation and expenditure of $550,650.00 within Fund 4430, Special Income Tax Fund, the transfer, appropriation and expenditure of $200,000.00 in Fund 7748, General Permanent Improvement Fund, for payment of rent, furnishings, and tenant improvements. This legislation is presented as emergency measure in order for the Department of the Inspector General’s occupancy of office space to begin at the earliest possible date.
Fiscal Impact: This ordinance authorizes the appropriation and expenditure of $550,650.00 and the within the Special Income Tax Fund, the transfer, appropriation and expenditure of $200,000.00 in the General Permanent Improvement Fund for payment of rent, furnishings, and tenant improvements associated with the initial term of the lease for office space and the license agreement for temporary office space.
Emergency Action: Emergency action is requested to allow for occupancy of leased office space by Department of the Inspector General’s at the earliest possible date.
Title
To authorize the Finance and Management Director, on behalf of the Real Estate Management Office, to execute those documents necessary to lease temporary and p...
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