Explanation
1. BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a not-for-profit services contract with the Franklinton Special Improvement District of Columbus, Inc. (the “Franklinton SID”) to provide funding to the Franklinton SID, not to exceed the amount of one hundred fifty thousand dollars ($150,000.00), to cause the creation of a public realm plan for capital improvement investments within Franklinton. The Franklinton SID is a qualified nonprofit corporation in partnership with local property owners and businesses that was created for the purpose of developing and implementing plans for public improvements and public services approved by Resolution Nos. 0069X-2020, 0103X-2020, and Ordinance No. 1895-2020 that benefit the Franklinton special improvement district established by Ordinance No. 0810-2020. The Franklinton SID focuses on the distribution of funds to improve the security and cleanliness of the developing areas of Franklinton for a term of five years from 2021 through 2025. The articles of incorporation for the Franklinton SID were approved by City Council by Ordinance No. 0810-2020 and amended by Resolution No. 0184X-2021. Funding will be provided to the Franklinton SID who will contract for professional services to create a long term plan to enhance and create a vision for Franklinton’s public realm. The public realm plan will build off recent neighborhood developments as well as the LinkUs and ZoneIn efforts, and such future public realm work may include capital improvement investments, including but not limited to those described on Exhibit B of Ordinance No. 1197-2020, within the public right of way or upon other public property or interests thereof.
2. FISCAL IMPACTS
The funding for this contract in the amount of $100,000.00 is available in the General Fund (1000) and an additional $50,000.000 is available in the West Edge I TIF Fund (7420). Funds will need transferred within each of Fund 1000 and Fund 7420 and all funds will need appropriated for expenditure.
3. CONTRACT COMPLIANCE
The vendor number is CC-035762 and expires on December 14, 2025.
Title
To authorize the Director of the Department of Development to enter into a not-for-profit services contract with the Franklinton Special Improvement District of Columbus, Inc. (the “Franklinton SID”) to provide funding to the Franklinton SID to cause the creation of a public realm plan for capital improvement investments within Franklinton; to authorize the transfer and appropriation of funds within the West Edge I TIF Fund; to authorize the transfer and appropriation of funds within the General Fund; to authorize the expenditure of $150,000.00 from the General Fund and the West Edge I TIF Fund pursuant to the terms and conditions of the contract. ($150,000.00)
Body
WHEREAS, the Franklinton SID is a qualified nonprofit corporation that partners with local businesses and property owners that attract and sustain businesses, and implements improvements in the Franklinton neighborhood, pursuant to the plans for public improvements and public services approved by Resolution Nos. 0069X-2020, 0103X-2020, and Ordinance No. 1895-2020; and
WHEREAS, the Franklinton SID’s articles of incorporation, and the special improvement district for which it serves during a term of 2021-2025, were approved by City Council pursuant to Ordinance No. 0810-2020, as the articles of incorporation were later amended by Resolution No. 0184X-2021; and
WHEREAS, the Department of Development will enter into a not-for-profit services contract with the Franklinton SID for $150,000.00 of funding in support of public realm planning for the Franklinton neighborhood; and
WHEREAS, such future public realm work may include capital improvement investments, including but not limited to those described on Exhibit B of Ordinance No. 1197-2020, within the public right of way or upon other public property or interests thereof; and
WHEREAS, funding in the amount of $100,000.000 is available in the General Fund (1000) and an additional $50,000.000 is available in the West Edge I TIF Fund (7420); and
WHEREAS, this legislation authorizes the transfer and appropriation of cash within each of the General Fund (1000) and the West Edge I TIF Fund (7420) to establish sufficient cash to pay for the public realm planning and authorizes the expenditure in the amount of $150,000.00 collectively from both funds;
WHEREAS, following the finalization of the public realms plan as funding becomes available in future capital improvement budgets, additional legislation will be submitted to City Council for consideration to authorize for expenditure the public realm work necessary in order to implement such plan; NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That for the reasons described herein, the Director of the Department of Development be and is hereby authorized to enter into a not-for-profit services contract, on behalf of the City, with the Franklinton SID to provide public realm planning within and around Franklinton.
SECTION 2. That the transfer of $50,000.00, or so much thereof as may be needed, is hereby authorized within Fund 7420 (West Edge I TIF Fund) from Dept-Div 4402 (Economic Development), Project P420001-100000, Object Class 99 (Intrafund Transfers) to Dept-Div 4402 (Economic Development, Project P441784-100000 (Franklinton Arts), Object Class 99 (Intrafund Transfers) per the account codes in the attachment to this Ordinance.
SECTION 3. That the transfer of $100,000.00, or so much thereof as may be needed, is hereby authorized within Fund 1000 (General Fund) from Dept-Div 2001 (City Council), Subfund 100018, Object Class 99 (Intrafund Transfers) to Dept-Div 4402 (Economic Development, Subfund 100018 (Neighborhood Initiative), Object Class 99 (Intrafund Transfers) per the account codes in the attachment to this Ordinance.
SECTION 4. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during fiscal year ended December 31, 2024, the sum of $50,000.00 is appropriated in Fund 7420 (West Edge I TIF Fund), Dept-Div 4402 (Economic Development) Project P441784-100000 (Franklinton Arts), Object Class 05 (Other Expenditures) per the account codes in the attachment to this Ordinance.
SECTION 5. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during fiscal year ended December 31, 2024, the sum of $100,000.00 is appropriated in Fund 1000 (General Fund), Dept-Div 4402 (Economic Development) Subfund 100018 (Neighborhood Initiative), Object Class 05 (Other Expenditures) per the account codes in the attachment to this Ordinance.
SECTION 6. That for the purpose stated in Section 1, the expenditure of $50,000.00 or so much thereof as may be necessary, is hereby authorized in Fund 7420 (West Edge I TIF Fund), Dept-Div 4402 (Economic Development), P441784-100000 (Franklinton Arts), Object Class 05 (Other Expenditures) per the accounting codes in the attachment to this Ordinance.
SECTION 7. That for the purpose stated in Section 1, the expenditure of $100,000.00 or so much thereof as may be necessary, is hereby authorized in the General Fund (1000), Dept-Div 4402 (Economic Development), Subfund 100018 (Neighborhood Initiative), Object Class 05 (Other Expenditures) per the accounting codes in the attachment to this Ordinance.
SECTION 8. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 9. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contract modifications associated with this ordinance.
SECTION 10. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administering said project that the project has been completed and the monies are no longer required for said project.
SECTION 11. That this ordinance shall take effect and be in force from and after the earliest date permitted by law.