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File #: 3411-2022    Version: 1
Type: Ordinance Status: Passed
File created: 11/23/2022 In control: Economic Development Committee
On agenda: 12/12/2022 Final action: 12/14/2022
Title: To authorize payment to the City of Columbus Department of Public Service by the City of Columbus Department of Development for sale of excess right-of-way in support of the Gravity Project III, a mixed-use development within the Franklinton Community; and to authorize the appropriation and expenditure of $142,126.32 from the Neighborhood Economic Development fund; and to declare an emergency. ($142,126.32)
Attachments: 1. 3411-2022 11-16 ED Alley Disposition NED

Explanation

 

BACKGROUND

This Ordinance authorizes a payment to the City of Columbus Department of Public Service by the City of Columbus Department of Development for sale of excess right-of-way, file #2022-002 McDowell, in support of the Gravity Project III, a mixed-use development within the Franklinton Community. 

 

The Land Review Commission approved disposition of approximately 7,200 +/- feet of unnamed 16’ alley abutted to the south and west by parcel 010-050085, to the north by parcel 010-021196, to the west by parcel 010-000899, and to the east by parcel 010-057684. 

 

Disposition of the alley supports construction of the Gravity Project III, a mixed-use building that will span the alley, for economic development purposes. A value of $142,126.32 has been determined for this right-of way.

                     

FISCAL IMPACT:  Funding is available in the Neighborhood Economic Development fund (2237).  An ACDI is requested and an internal bill will be processed to transfer the funds.

 

Emergency action is necessary in order to complete disposition of the alley as approved by the Land Review Commission in order to facilitate commencement of construction for the Gravity Project III.

 

 

Title

 

To authorize payment to the City of Columbus Department of Public Service by the City of Columbus Department of Development for sale of excess right-of-way in support of the Gravity Project III, a mixed-use development within the Franklinton Community; and to authorize the appropriation and expenditure of $142,126.32 from the Neighborhood Economic Development fund; and to declare an emergency. ($142,126.32)

 

 

Body

 

WHEREAS, Gravity Project III, LLC petitioned the City of Columbus to vacate right-of-way in support of a mixed-use construction project; and

 

WHEREAS, the Land Review Commission approved disposition of approximately 7,200 +/- feet of unnamed 16’ alley abutted to the south and west by parcel 010-050085, to the north by parcel 010-021196, to the west by parcel 010-000899, and to the east by parcel 010-057684; and

 

WHEREAS, disposition of the alley supports construction of the Gravity Project III, a mixed-use building that will span the alley; and

 

WHEREAS, a value of $142,126.32 has been determined for this excess right-of way; and

 

WHEREAS, the Department of Development desires to support the project by making payment to the Department of Public Service for the value of the excess right-of-way; and

 

WHEREAS, it has become necessary in the usual daily operations of the Department of Development to authorize the Director to appropriate and expend these funds to support construction of the Gravity Project III for economic development purposes

 

WHEREAS, and emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the Director to make payment for the disposition of the alley supporting construction of the Gravity Project III 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 the Director of the Department of Development is hereby authorized to make a payment to the Department of Public Service in an amount up to $142,126.32 for sale of excess right-of-way as approved by the Land Review Commission, file #2022-002 McDowell, in support of the Gravity Project III, a mixed-use development within the Franklinton Community, for economic development purposes.

 

SECTION 2. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2022, the sum of $142,126.32 is appropriated in Fund 2237 (Neighborhood Economic Development Fund), Dept-Div 44-02 (Economic Development), in object class 06 (Capital Outlay) per the account codes in the attachment to this ordinance.

 

SECTION 3.  That the expenditure of $142,126.32 or so much thereof as may be needed, is hereby authorized in Fund 2237 (Neighborhood Economic Development Fund), Dept-Div 44-02 (Economic Development), in object class 06 (Capital Outlay) per the accounting codes in the attachment to this ordinance.

 

SECTION 4.  Funds are hereby deemed appropriated and expenditures and transfers authorized to carry out the purposes of this ordinance and the City Auditor shall establish such accounting codes as necessary.

 

SECTION 5.   That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications or internal bills associated with this ordinance.   

 

SECTION 6.                     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 enforced from and after its approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.