City of Columbus - File #: 0875-2004

• File #: 0875-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 5/4/2004
• In control: Development Committee
• On agenda: 6/14/2004
• Final action: 6/15/2004
• Title: To authorize the appropriation of $114,810 from the Capital South Fund; to authorize the Director of the Department of Development to enter into an agreement with the Columbus Downtown Development Corporation; and to authorize the expenditure of $114,810 from the Capital South Fund. ($114,810.00)

Date	Ver.	Action By	Action	Result
6/15/2004	1	MAYOR	Signed
6/15/2004	1	CITY CLERK	Attest
6/14/2004	1	Columbus City Council	Approved	Pass
6/14/2004	1	COUNCIL PRESIDENT	Signed
6/7/2004	1	Columbus City Council	Read for the First Time
5/18/2004	1	Dev Drafter	Sent for Approval
5/18/2004	1	CITY ATTORNEY	Reviewed and Approved
5/18/2004	1	Dev Drafter	Sent to Clerk's Office for Council
5/17/2004	1	Dev Drafter	Sent for Approval
5/17/2004	1	Auditor Reviewer	Reviewed and Approved
5/17/2004	1	CITY AUDITOR	Reviewed and Approved
5/14/2004	1	Finance Reviewer	Reviewed and Approved
5/14/2004	1	FINANCE DIRECTOR	Reviewed and Approved
5/6/2004	1	Dev Drafter	Sent for Approval
5/5/2004	1	Dev Drafter	Sent for Approval
5/5/2004	1	DEVELOPMENT DIRECTOR	Reviewed and Approved

Explanation

BACKGROUND:    

This legislation authorizes the Director of Development to enter into an agreement with the Columbus Downtown Development Corporation (CDDC).  Under this agreement the CDDC will implement and oversee downtown development projects and programs as well as forge public-private partnerships with the goal of generating private investment for downtown.

FISCAL IMPACT:

This legislation authorizes the appropriation of $114,810 from the Capital South Fund to provide funds to enter into an agreement with the Columbus Downtown Development Corporation.

Title

To authorize the appropriation of $114,810 from the Capital South Fund; to authorize the Director of the Department of Development to enter into an agreement with the Columbus Downtown Development Corporation; and to authorize the expenditure of $114,810 from the Capital South Fund. ($114,810.00)

Body

WHEREAS, the Director of the Department of Development desires to enter into an agreement with the Columbus Downtown Development Corporation; and

WHEREAS, under this agreement the Columbus Downtown Development Corporation will implement and oversee downtown development projects and programs as well as forge public-private partnerships with the goal of generating private investment for downtown; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

Section 1.      That the City Auditor is hereby authorized and directed to appropriate $114,810 to the Department of Development, Capital South Fund, Fund 481, as follows:

      Object Level 0ne      Object Level Three      OCA Code      Amount

            03                  3336                441481       $114,810

Section 2.      That the Development Director is hereby authorized to enter into an agreement with the Columbus Downtown Development Corporation to implement and oversee downtown development projects and programs as well as forge public-private partnerships with the goal of generating private investment for downtown.

Section 3.      That the expenditure of $114,810, or so much thereof as may be necessary, from

      the Department of Development, Downtown Development Office, Division 44-

      01, Capital South Fund, Fund 481, OCA Code 441481, Object Level One 03,

      Object Level Three 3336 for the aforesaid purpose is hereby authorized.

Section 4.      That this contract is awarded pursuant to Section 329.15 of the  Columbus City

      Codes, 1959, as amended.

Section 5.      That this ordinance shall take effect and be in force from and after the earliest

      period allowed by law.