Explanation
BACKGROUND: In 2009 the City of Columbus was awarded Neighborhood Stabilization Program 2 (NSP2) grant funds under the American Reinvestment and Recovery Act of 2009 (Public Law 111-005) (Recovery Act) from the U.S. Department of Housing and Urban Development (HUD). The funds provided for the acquisition, rehabilitation, redevelopment or demolition of foreclosed, abandoned and vacant properties in order to stabilize neighborhoods and stem the decline of housing values.
This ordinance authorizes the Director of the Department of Development to enter into a contract with the Mid-Ohio Regional Planning Commission (MORPC) to implement eligible activities for the Neighborhood Stabilization Program including the acquisition, demolition, rehabilitation or redevelopment of foreclosed, abandoned and vacant properties, on the basis of the appropriation and expenditure of $314,029.77 from unappropriated NSP2 program income funds.
It is requested that this legislation be declared an emergency so that funds can be expended on eligible projects in a timely manner.
FISCAL IMPACT: This ordinance authorizes the appropriation and expenditure of $314,029.77 for Neighborhood Stabilization Program eligible projects and activities. Funding is NSP2 program income received by the Department of Development from NSP2 completed projects.
Title
To authorize the Director of the Department of Development to enter into contract with the Mid-Ohio Regional Planning Commission for the implementation of eligible activities for the Neighborhood Stabilization Program; to authorize the appropriation and expenditure of $314,029.77 from the Government General Grant Fund; and to declare an emergency. ($314,029.77)
Body
WHEREAS, this legislation authorizes the appropriation and expenditure of $314,029.77 of NSP2 Program Income from the General Government Grant Fund to provide funding for the Department of Development obligations and expenses relating to the Neighborhood Stabilization Program; and
WHEREAS, this ordinance authorizes the Director of the Department of Development to enter into a contract with the Mid-Ohio Regional Planning Commission (MORPC) to implement eligible activities for the Neighborhood Stabilization Program including the acquisition, demolition, rehabilitation or redevelopment of foreclosed, abandoned and vacant properties; and
WHEREAS, the City of Columbus receives program income from prior investments of NSP2 funds in various homeownership housing development projects. The $314,029.77 of program income must be expended in Neighborhood Stabilization Program eligible projects and activities; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to appropriate and expend said funds so that funds can be expended on eligible projects in a timely manner, thereby preserving the public health, peace, property, safety and welfare; Now, Therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That Director of the Department of Development is hereby authorized and directed to enter into contract with the Mid-Ohio Regional Planning Commission for the implementation of eligible activities for the Neighborhood Stabilization Program including the acquisition, demolition, rehabilitation or redevelopment of foreclosed, abandoned and vacant properties.
SECTION 2. That the sum of $314,029.77 is hereby appropriated from the unappropriated balance for the General Government Grant Fund, Fund 220, Grant 451036 and from all monies estimated to come into said fund form any and all sources appropriated and unappropriated for any other purpose during the fiscal year ending December 31, 2014 to the Department of Development Division 44-10, Object Level One 03, Object Level Three 3336, OCA 441043.
SECTION 3. That for the purpose stated in Section 1, the expenditure of $314,029.77 is hereby authorized from the Government General Grant Fund, Fund 220, Grant 451036, Department of Development, Division 44-10, Object Level One 03, Object Level Three 3336, OCA 441043.
SECTION 4. That for reasons stated in the preamble hereto, which is hereby made a part thereof, this Ordinance is declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.