Explanation
BACKGROUND: The Reauthorized Capital Crossroads Special Improvement District of Columbus, Inc. (SID), a non-profit organization, was created in August of 2006 to go into effect in January 2007. As part of the Plan for Services for the SID, the Development Department committed to providing a cooperative share of $200,000 per year (minus the assessment for City owned parcels 010-041949, 010-039010, and 010-018405) for the five years of the SID. The assessment for the three City owned properties referenced above totals $11,982.
The City cooperative share will be combined with the property owner's share to provide services within the SID boundaries. These services include: Environmental Maintenance, Supplemental Security, Promotions and Marketing, and Member Services.
This legislation authorizes the Director of the Development Department to enter into an agreement with the Reauthorized Capital Crossroads SID to provide funding for services within the SID boundaries.
Emergency action is requested so that the agreement with the Reauthorized Capital Crossroads SID can be executed immediately in order to continue the services provided by the SID.
FISCAL IMPACT: The funding for this agreement has been allocated from the 2008 General Fund.
Title
To authorize the Director of the Department of Development to enter into an agreement with the Reauthorized Capital Crossroads Special Improvement District of Columbus Inc.; to authorize the expenditure of $188,018 from the 2008 General Fund; and to declare an emergency. ($188,018)
Body
WHEREAS, the Reauthorized Capital Crossroads SID was formed in August 2006, and took effect in January 2007, for a period of five years; and
WHEREAS, as part of the Plan for Services for the Reauthorized Capital Crossroads SID the Development Department committed to providing a cooperative share of $200,000 per year (minus the assessment for City owned property $11,982) for the five years of the SID; and
WHEREAS, the City cooperative share will be combined with the property owners share to provide services within the SID boundaries. These services include: Environmental Maintenance, Supplemental Security, Promotions and Marketing, and Member Services; and
WHEREAS, the allocation of funds for the Reauthorized Capital Crossroads SID for 2008 will be reduced by $11,982 for City assessments costs to $188,018; and
WHEREAS, an emergency exists in the usual daily operation of the Development Department in that it is immediately necessary to enter into an agreement with the Reauthorized Capital Crossroads SID in order to continue the services provided by the SID, all for the immediate preservation of the public health, 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 an agreement with the Reauthorized Capital Crossroads Special Improvement District of Columbus, Inc. per the Plan for Services.
Section 2. That for the purpose stated in Section 1, the expenditure of $188,018 or so much thereof as may be necessary from the Department of Development, Division 44-01, Fund No. 010, Object Level One 03, Object Level Three 3336, OCA 440313.
Section 3. 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 passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.