Explanation
BACKGROUND:
This ordinance authorizes the Director of Development to enter into a capital contribution grant agreement with The Buckeye Ranch Inc. in an amount up to $500,000.00 for the purpose of facility upgrades/renovations that will allow them to continue to provide services to children and families through behavioral health, education, and child welfare services. This ordinance also authorizes the advancement of funds on a predetermined basis.
Emergency Designation: Emergency action is necessary to ensure the payment of expenditures per the commitment that has been made, allowing for the intended renovations to be completed per the organization’s renovation schedule. Renovations/upgrades will continue to allow this important organization to be a major service provider within the community.
FISCAL IMPACT: Funding is available with the Development Taxable Bonds Fund, 7739.
CONTRACT COMPLIANCE: The contract compliance number is 033081 and expires March 27, 2028
Title
To authorize the Director of Development to enter into a capital contribution grant agreement with the Buckeye Ranch Inc.; to provide funding for facility upgrades/renovations; to authorize the expenditure in an amount up to $500,000.00 within the Development Taxable Bond Fund; to advance funding per predetermined schedule; and to declare an emergency. ($500,000.00)
Body
WHEREAS, the mission of The Buckeye Ranch is the behavioral, emotional, and mental well-being of children, youth, and families throughout Central Ohio and beyond; and
WHEREAS, there is a need for facility upgrades within the City of Columbus to continue in providing these crucial programs and services to the community; and
WHEREAS, the expenditure in an amount up to $500,000.00 is needed; and
WHEREAS, it is necessary to authorize the advancement of funds on a predetermined schedule; and
WHEREAS, an emergency exists in the usual and daily operation of the Department of Development in that it is ...
Click here for full text