Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to modify two (2) Empowerment Zone (EZ) grant-funded contracts with the Columbus Compact Corporation by reducing the contract amounts. Contract #DL007854, EZ Economic Opportunity, has an unexpended balance of $528,813.24 and will be decreased by $12,000, resulting in a new unexpended balance of $516,813.24. Contract #DL007816, EZ Neighborhood Life, has an unexpended balance of $62,216.07 and will be reduced by $60,216.07 to a new unexpended balance of $2,000.00. A portion of these unexpended balances will be cancelled from the A/Cs.
In companion legislation, the $72,216.07 made available by these reductions will be used to increase allocations to EZ Administration contract #DL012779.
The Columbus Compact Corporation is the governing body and implementation agent for the Columbus Empowerment Zone that was awarded a ten-year designation by the Federal Department of Housing and Urban Development for revitalization of a 14 square mile section of Central City Columbus.
This legislation is presented as an emergency to allow the Columbus Compact Corporation to continue on-going EZ grant-funded programs without interruption.
FISCAL IMPACT: No funding is required for this legislation. Funds made available by these contract modifications will be reallocated to EZ Administration in companion legislation 1946-2008.
Title
To authorize the Director of Development to modify two (2) Empowerment Zone grant-funded contracts with the Columbus Compact Corporation by decreasing the contract amounts; and to declare an emergency.
Body
WHEREAS, the Director of the Department of Development desires to modify two (2) Empowerment Zone grant-funded contracts with the Columbus Compact Corporation by decreasing the contract amounts. The contracts are Economic Opportunity Initiative - contract #DL007854 for the EZ Finance and the Land Acquisition programs; and also Neighborhood Life Initiative - contract #DL007816 Neighborhood Advocate, Neighborhood Marketing and EZ Rehabilitation and Renovation; and
WHEREAS, the funds made available by these reductions will be reallocated to EZ Administration in companion legislation; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to amend these two contracts to allow the Columbus Compact Corporation to continue on-going EZ grant-funded programs without interruption, 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 amend two (2) Empowerment Zone grant-funded contracts with the Columbus Compact Corporation by reducing the contract amounts as follows:
Contract # Description Modification Amt
DL007854 Economic Opportunity -$12,000.00
DL007816 EZ Neighborhood Life Initiative -$60,216.07
Total: -$72,216.07
Section 2. That these modifications are awarded pursuant to Section 329.16 of the Columbus City Codes, 1959 as amended.
Section 3. That for the 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.