Explanation
BACKGROUND: This legislation authorizes the expenditure of up to $200,000 for a Brownfield grant award pursuant to the Green Columbus Fund established by Ordinance 1462-2010, which was later amended and replaced by Ordinance 1931-2012.
The Green Columbus Fund represents the City's commitment to foster sustainable building through LEED certification and to foster sustainable Brownfield assessment and redevelopment. The program will produce economic, environmental and social benefits for Columbus and its residents.
This legislation authorizes the Director of Development to enter into a grant agreement with 400 West Nationwide, LLC for Brownfield assessment and redevelopment of the Buggyworks Office Building and Parking Garage at 390 and 400 Nationwide Boulevard, subject to the project attaining Brownfield assessment and redevelopment goals of the program and meeting the terms and conditions of the agreement. It also authorizes the expenditure of up to $200,000 in order to remove asbestos contaminated materials (ACM) and to perform other necessary Brownfield Physical Phase II activities.
Emergency action is requested so that the corrective action work can be completed in a timely manner.
FISCAL IMPACT: Cash is available in the 2015 Capital Improvements Budget in the Green Columbus Fund portion of Fund 7735, identified as the Green Columbus Initiatives Fund.
Title
To authorize the Director of the Department of Development to enter into a Brownfield grant agreement with 400 West Nationwide, LLC to remove asbestos contaminated materials and perform other Brownfield Physical Phase II activities at 390 and 400 Nationwide Boulevard, pursuant to the Green Columbus Fund Program; to authorize the expenditure of up to $200,000.00 from the Northland and Other Acquisitions Fund; and to declare an emergency. ($200,000.00)
Body
WHEREAS, the Department of Development administers from city bond proceeds the Green Columbus Fund, established by Ordinance 1462-2010 and later amended and replaced by Ordinance 1931-2012; and
WHEREAS, the Green Columbus Fund represents the City's commitment to produce economic, environmental and social benefits for Columbus and its residents by fostering sustainable building through LEED certification and by fostering sustainable Brownfield assessment and redevelopment; and
WHEREAS, the applicant 400 West Nationwide, LLC has applied under the Brownfield assessment and redevelopment component of this program, the purpose of which is to encourage proper and productive use of the site, and the application has been approved by the Department of Development; and
WHEREAS, this legislation authorizes the Director of Development to enter into a grant agreement with 400 West Nationwide, LLC for Brownfield Physical Phase II activities and renovation of the Buggyworks Office Building and Parking Garage, subject to the project attaining Brownfield assessment and redevelopment goals of the program, and meeting the other terms and conditions of the agreement; and
WHEREAS, this Brownfield project consists of removal of asbestos contaminated materials (ACM) and other Brownfield Physical Phase II activities; and
WHEREAS, this Green Columbus Fund Brownfield grant of up to $200,000 is required for this purpose; and
WHEREAS, funding is available under the Green Columbus Fund in the Northland and Other Acquisitions Fund 7735; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to enter into the grant agreement with 400 West Nationwide, LLC, so that work can be completed in a timely manner, all for the immediate preservation of the public health, peace, 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 enter into a Brownfield grant agreement with 400 West Nationwide, LLC, for removal of asbestos contaminated materials (ACM) under the Brownfield component the Green Columbus Fund program, in order to assist in achieving safe and productive redevelopment of the buildings at 390 and 400 Nationwide Boulevard.
SECTION 2. That for the purpose stated in Section 1, the expenditure of $200,000 or so much thereof as may be needed, is hereby authorized in Fund 7735 Northland and Other Acquisitions in Object Class 06 Capital Outlay per the accounting codes in the attachment to this ordinance.
SECTION 3. 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 4. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 5. 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 administering said project that the project has been completed and the monies are no longer required for said project.
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 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.