Explanation
BACKGROUND: On December 3, 2012, Council passed Ordinance 2609-2012 authorizing the Director of Development to acquire properties within the East Franklinton Area to implement the East Franklinton Creative Community District Plan. The Development Department's Land Redevelopment Office is working closely with the Franklinton Development Association to acquire strategic properties in support of that initiative. This legislation will increase the approved expenditure by an additional $410,000 allowing additional property acquisitions and provide funds needed to maintain the acquired properties. All properties will be acquired in the name of the City of Columbus, Land Reutilization Program to be held in the City's Land Bank for future development consistent with the Plan's recommendations.
FISCAL IMPACT: This legislation authorizes the transfer and expenditure of funds within the 2013 Capital Improvement Budget in Fund 735 Northland and Other Acquisitions.
EMERGENCY JUSTIFICATION: Emergency action is requested to begin the purchase of properties as soon as possible in order to facilitate the rehabilitation, redevelopment or demolition of same.
Title
To authorize the Director of the Department of Development, or designee, to acquire and maintain properties within the East Franklinton planning area and to execute any and all documents necessary for conveyance of title; to authorize the City Auditor to cancel an encumbrance; to amend the 2013 Capital Improvements Budget; to authorize the appropriation of $239,791.32 in the Northland and Other Acquisitions Fund; to transfer cash between projects within the Northland and Other Acquisitions Fund; to authorize the expenditure of $410,000.00 from the Northland and Other Acquisition Fund; and to declare an emergency. ($410,000.00)
Body
WHEREAS, City Council approved Ordinance 2315-2012 to adopt the East Franklinton Creative Community District Plan to guide future redevelopment efforts; and
WHEREAS, City Council approved Ordinance 2609-2012 to authorize the Director of Development to acquire properties within the East Franklinton Area and hold the properties under the Land Reutilization Program to guide future redevelopment efforts; and
WHEREAS, the Department of Development wishes to continue this effort and increase the authorized expenditure; and
WHEREAS, it is necessary to authorize the Director of Development, or designee, to execute any and all necessary documents for the conveyance of title in order to acquire properties; and
WHEREAS, the Land Reutilization Program needs funding to maintain the acquired properties; and
WHEREAS, funds are currently available in the Northland and Other Acquisitions Fund; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to implement the plan recommendations to begin the purchase of properties as soon as possible in order to facilitate the rehabilitation, redevelopment or demolition of the properties, all for the immediate preservation of the public health, peace, property, safety and welfare; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Development, or designee, is hereby authorized to expend funds and execute any and all documents necessary for conveyance of title in order to acquire properties within the East Franklinton Area, as approved by the City Attorney's Office, Real Estate Division, and provided that the purchase prices are based upon appraised or other valuation considerations which are based upon the type, location and priority of the properties relative to their potential impact in furthering the implementation of the East Franklinton Creative Community District Plan.
Section 2. That the City Auditor's Office is hereby authorized to cancel EA-007726.
Section 3. That the 2013 Capital Improvements Budget authorized by ordinance 0645-2013 be amended to provide sufficient authority for this project as follows:
Fund / Project / Project Name / Current C.I.B. / Amendment Amount / Amended C.I.B.
735 / 441735-100000 / 44-01 Northland Mall Project / $239,791.32 /($239,791.32) / $0
735 / 441744-100000 / 44-01 Easton Square Place Project / $358,726.74 / ($25,447.93) / $333,278.81
735 / 441745-100000 / 44-01 King Lincoln Parking Lots Project / $31,646.44 /($31,646.44) / $0
735 / 441747-100000 / 44-01 Land Assemblage Project / $0 / $113,114.31 / $113,114.31
735 / 441747-100000 / 44-01 Land Assemblage Project / $113,114.31 / ($113,114.31) / $0
735 / 440104-100005 / Franklinton Artist Housing Project / $600,000 / $410,000.00 / $1,010,000.00
Section 4. That the appropriation of $239,791.32 within Fund 735, Northland and Other Acquisitions Fund be authorized as follows:
Transfer from:
Fund / Project / Project Name / O.L. 01-03 Codes / OCA / Amount
735 / 441735-100000 / 44-01 Northland Mall Project / 06-6601 / 441735 / $239,791.32
Section 5. That the transfer of cash and appropriation within Fund 735, Northland and Other Acquisitions Fund be authorized as follows:
Transfer from:
Fund / Project / Project Name / O.L. 01-03 Codes / OCA / Amount
735 / 441735-100000 / 44-01 Northland Mall Project / 06-6601 / 441735 / $239,791.32
735 / 441744-100000 / 44-01 Easton Square Project / 06-6601 / 441744 / $25,447.93
735 / 441745-100000 / 44-01 King Lincoln Dist. Parking Lots Project / 06-6601 / 441745 / $31,646.44
735 / 441747-100000 / 44-01 Land Assemblage Project / 06-6680 / 735747 / $113,114.31
Transfer to:
Fund / Project / Project Name / O.L. 01-03 Codes / OCA / Amount
735 / 440104-100005 / Franklinton Artist Housing Project / 06-6601 / 735104 / $390,000.00
735 / 440104-100005 / Franklinton Artist Housing Project / 06-6606 / 735104 / $20,000.00
Section 6. That for the purpose stated in Section 1, the expenditure of $410,000 from the Development Department, Division 44-01, the Northland and Other Acquisitions Fund No. 735, Project 440104-100005 Franklinton Artist Housing Project, OCA Code 735104 is hereby authorized as follows:
Object Level 3 / Amount
6601 / $390,000
6606 / $ 20,000
Section 7. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
Section 8. That the City Auditor is authorized to make any accounting changes to revise the funding source for any contract or contract modification associated with the expenditure of the funds in Section 5 above.
Section 9. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administrating said project that the project has been completed and the monies are no longer required for said project.
Section 10. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after passage and approval by the Mayor or ten days after its passage if the Mayor neither approves nor vetoes the same.