Explanation
BACKGROUND: This legislation authorizes the appropriation of $60,000.00 from the General Government Grant Fund to provide for acquisition and relocation administration for several Housing Division programs. These funds are eligible for use in partially meeting the City's match fund obligation for the federally funded Lead Safe Columbus program.
Emergency action is requested to avoid interruptions in program services.
FISCAL IMPACT: Income from the Rental Rehabilitation Program is generated on the principal of amortized and deferred loans, allowing these funds to accumulate until sufficient amounts are available to fund affordable housing initiatives. $60,000 will be appropriated from the General Government Grant Fund in order to provide funds for acquisition and relocation administration for Housing Division programs.
Title
To authorize the appropriation of $60,000.00 from the General Government Grant Fund to provide funding for acquisition and relocation administration; and to declare an emergency. ($60,000.00)
Body
Whereas, this legislation authorizes the appropriation of $60,000 from the General Government Grant Fund to provide for acquisition and relocation administration for several Housing Division programs; and
Whereas, these funds are eligible for use in partially meeting the City's match fund obligation for the federally funded Lead Safe Columbus program; and
Whereas, income from the Rental Rehabilitation Program is generated on the principal of amortized and deferred loans, allowing these funds to accumulate until sufficient amounts are available to fund affordable housing initiatives; and
Whereas, an emergency exists in the usual daily operation of the Department of Development, Housing Division, in that it is immediately necessary to appropriate the aforementioned funds to avoid interruptions in program services, thereby preserving the public health, peace, property, safety and welfare; and NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City Auditor be and is hereby authorized and directed to appropriate $60,000 from the General Government Grant Fund, Fund 220, Grant No. 448015, to the Development Department, Housing Division, Division 44-10, Object Level One 01, Object Level Three 1101, OCA Code 440304.
Section 2. That in the 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.