Explanation
This ordinance authorizes the Director of Development to execute a grant agreement with Partners Achieving Community Transformation (PACT) for the provision of business development services. The total amount of this grant agreement is $100,000.
PACT will receive funding for small business development services and place-based economic development on the Near East Side that will offer work-based collaboration and entrepreneurial opportunities for historically marginalized communities.
Support of this initiative aligns with Columbus City Council’s priorities of building strong neighborhoods, promoting the creation of good-paying jobs, and developing pathways out of poverty.
Emergency action is necessary to avoid causing interruptions in the delivery of program services.
FISCAL IMPACT: Funding for this agreement is budgeted within the 2019 Capital Improvements Budget.
Title
To authorize the Director of Development to execute a grant agreement with Partners Achieving Community Transformation (PACT) for the provision of business development services; to authorize an expenditure of $100,000.00 from the Development Taxable Bond Fund; and to declare an emergency. ($100,000.00)
Body
WHEREAS, Partners Achieving Community Transformation (PACT) has submitted a grant application seeking financial assistance; and
WHEREAS, City Council is authorized to allocate funds annually to assist agencies in the City with the operating costs of delivering programs; and
WHEREAS, the Director of the Department of Development desires to enter into a grant agreement with Partners Achieving Community Transformation (PACT) for the provision of services; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the Director to enter into a grant agreement with Partners Achieving Community Transformation (PACT) to avoid causing interruptions in the delivery of vital program services, all for the 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 is hereby authorized to enter into a grant agreement with the Partners Achieving Community Transformation (PACT) for the purpose of providing business development services.
SECTION 2. That for the purpose as stated in Section 1, the expenditure of $100,000.00, or so much thereof as may be necessary, be and is hereby authorized 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 administrating said project that the project has been completed and the monies are no longer required for said project.
SECTION 6. 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.