Explanation
BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into contracts with various neighborhood business organizations in the Neighborhood Commercial Revitalization (NCR) Program areas throughout Columbus. The total amount of these contracts is $245,700.
The Neighborhood Economic Development Fund (NEDF) provides a funding source that enables business organizations to develop and implement economic development projects as an additional stimulus for the Neighborhood Commercial Revitalization (NCR) Program. Funded projects must address only NCR district needs and cannot duplicate other available programs/services.
This legislation authorizes the expenditure of $245,700 for the above referenced purpose.
Emergency action is necessary to allow the neighborhood business organizations to provide services to the business community uninterrupted.
FISCAL IMPACT
Funding for the Neighborhood Economic Development Fund will consist of $245,700 from the 2004 Community Development Block Grant program.
Title
To authorize the Director of the Department of Development to enter into various contracts for the development and strengthening of neighborhood business organizations; to authorize the expenditure of $245,700 from the 2004 Community Development Block Grant Fund; and to declare an emergency. ($245,700)
Body
WHEREAS, the City of Columbus established the Neighborhood Commercial Revitalization (NCR) Program in 1981; and
WHEREAS, the Department of Development wishes to provide a funding source, as an additional stimulus to the NCR program, to enable business organizations to develop and implement economic development projects; and
WHEREAS, additional support to neighborhood business groups is necessary to expand their scope of promotional, organizational and business investment in the NCR areas; and
WHEREAS, active neighborhood business organizations can encourage private investment in the NCR areas; and
WHEREAS, emergency action is necessary to allow the neighborhood business organizations to provide services to the business community uninterrupted; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to continue uninterrupted a neighborhood business organization support mechanism, known as the Neighborhood Economic Development Fund, in order to preserve 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 and directed to enter into various
contracts with neighborhood business associations, as
listed in Section 3, in conjunction with the Neighborhood
Economic Development Fund, and to authorize the
expenditure of $245,700 or so much as necessary.
Section 2. That these contracts are awarded pursuant to Section
329.15 of the Columbus City Codes, 1959, as amended.
Section 3. That for the purpose as stated in Section 1, the expenditure
of $245,700 or so much thereof as may be necessary, be
and is hereby authorized to be expended from the
Community Development Block Grant Fund, Department of
Development, Economic Development Division, Division
No. 44-02, Fund No.248, Subfund 001, Object Level One
03, Object Level Three 3336, OCA 494019 as follows:
ASSOCIATION AMOUNT
East Fifth Avenue Business Association $2,700
Franklinton Board of Trade $30,600
Greater Hilltop Community
Development Corporation $36,900
Greater Linden Business Network $2,700
Livingston Avenue Collaborative
for Community Development $13,500
Long Street Business Association $14,400
Main Street Business Association $ 36,900
Milo Grogan Business Association $2,700
Mt Vernon Avenue District
Improvement Association $14,400
Olde Towne Quarter Business
Association $2,700
Parsons Avenue Merchant Association $23,400
Short North Business Association $32,400
University Community Business Association $32,400
Total Allocation $245,700
Section 4. 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 its passage and
approval by the Mayor or ten days after passage if the
Mayor neither approves nor vetoes the same.