Explanation
Background
The Columbus Department of Development accepted a $500,000.00 road work grant for the Jeffrey Place (A.K.A. Jeffrey Square) development project in Italian Village from the Ohio Department of Development under the authority of Ordinance No. 1419-01, approved July 30, 2001. As commencement of the Jeffrey Place project was delayed during 2002-2003 grant expiration date amendments were obtained from the Ohio Department of Development by the Columbus Department of Development where the developer; Concorde Capital, now has until December 2004 to complete road work under the grant.
The Jeffrey Place project is now ready to commence application of the $500,000.00 state road work grant being required to complete road work infrastructure prior to the planned construction of 850 residential units, a neighborhood school, hotel and over 300,000 square feet of office space.
This legislation will authorize transfer to the $500,000.00 Jeffrey Place state roadwork grant from the Columbus Department of Development to the Public Service Department for the administration of the grant for the roadwork project.
Fiscal Impact - $500,000.00 Ohio Department of Development roadwork grant transfer from the Columbus Department of Development to the Public Service Department for administration to the Jeffrey Place Development project.
Title
To authorize and direct the transfer of a $500,000.00 Ohio Department of Development road work grant for the Jeffrey Place development project from the Columbus Department of Development to the Columbus Public Service Department, within the General Government Grant Fund, for administration and application to road work construction; and to declare an emergency. ($500,000.00)
Body
WHEREAS, the Columbus Department of Development obtained an Ohio Department of Development road work grant of $500,000.00 for the Jeffrey Place development project; and
WHEREAS, the Columbus Department of Development obtained the authority to accept the $500,000.00 state road work grant by Columbus City Council Ordinance No. 1419-01, approved July 30, 2001; and
WHEREAS, road work is ready to commence at the Jeffrey Place project site in Italian Village; and
WHEREAS, the assistance of the Columbus Department of Development is necessary to facilitate the application of the state road work grant in that awards through its road work program are made to municipalities for application to public improvement projects; and
WHEREAS, the grant funds will be appropriated to the Columbus Department of Public Service to administer and facilitate construction; and
WHEREAS, an emergency exists in the usual daily operation of the Columbus Department of Development and the Columbus Public Service Department where it is immediately necessary to transfer the road work grant from the Columbus Department of Development to the Columbus Public Service Department in order to avoid any unnecessary delays in the start of construction that could prevent road work completion before the grant expiration date set by the Ohio Department of Development ; and NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1: That the Auditor's Office is directed to cancel Auditor's Certificate No. AC 010736.
Section 2: That the Auditor's Office is directed to decrease the appropriation in the amount of $500,000 from the Department of Development, General Government Grant Fund, Fund 220, Division No. 44-02, Grant No. 441007.
Section 3: That from the unappropriated monies in the General Government Grant Fund, Fund 220, 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 ending December 31, 2004, the sum of $500,000 is appropriated to the Department of Public Service, Transportation Division, Division No. 59-09, as follows:
Object Level One Object Level Three OCA Code Grant No.
06 6631 591007 441007
Section 4. That for reasons stated in the preamble hereto, which is hereby made a part hereof, 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 or vetoes the same.