Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into a grant agreement with the Capital Crossroads Special Improvement District of Columbus, Inc. in an amount up to $190,000.00 to provide funding for services within the Special Improvement District boundaries. Funding will be advanced to the agency on a predetermined schedule.
The Capital Crossroads Special Improvement District of Columbus, Inc. (SID), a non-profit organization, has executed four, five year plans, since 2002, for the provision of cleaning, safety, marketing, beautification, and advocacy services in the core area of downtown Columbus. The SID started a fourth, five year plan on January 1, 2017. The plan ended on December 31, 2021. A fifth, four year plan started on January 1, 2022 and will end on December 31, 2025. As part of the Plan for Services in 2012, the Development Department committed to providing a cooperative share of $100,000.00 per year to the SID and an additional $90,000.00 for a business recruitment specialist to attract new retail businesses to downtown Columbus.
The City’s 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, Member Services, and Business Recruitment.
FISCAL IMPACT: The funding of $190,000.00 has been allocated from the Economic Development Division’s 2023 General Fund Budget, but will require a transfer from Object Class 03 to Object Class 05.
CONTRACT COMPLIANCE: The vendor’s contract compliance number is 006946 and expires on 11/8/23.
Title
To authorize the Director of the Department of Development to enter into a grant agreement with the Capital Crossroads Special Improvement District of Columbus, Inc. to provide funding for services within the Special Improvement District boundaries per the Plan for Services; to authorize the transfer and expenditure of up to $190,000.00 from the 2023 General Fund Operating Budget; and to authorize the advancement of funds on a pre-determined schedule. ($190,000.00)
Body
WHEREAS, since 2002, the Capital Crossroads Special Improvement District of Columbus, Inc. (SID) has executed four, five-year plans for the provision of cleaning, safety, marketing, beautification, and advocacy services in downtown Columbus; and
WHEREAS, the fourth five year plan started on January 1, 2017 and ended on December 31, 2021; and
WHEREAS, the fifth four year plan started on January 1, 2022, with a current Plan for Services to run through December 31, 2025; and
WHEREAS, as part of the Plan for Services in 2012, the Development Department committed to providing a cooperative share of $100,000.00 for the Special Improvement District and $90,000.00 for a business recruitment specialist to attract new retail businesses to downtown Columbus; and
WHEREAS, funding will be advanced to the agency on a predetermined schedule; and
WHEREAS, the City’s cooperative share will be combined with the property owners share to provide services within the Special Improvement District boundaries. These services include: Environmental Maintenance, Supplemental Security, Promotions and Marketing, Member Services and Business Recruitment; 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 a grant agreement with the Capital Crossroads Special Improvement District of Columbus, Inc. in an amount up to $190,000.00 to provide funding for services within the Special Improvement District boundaries, and is authorized to advance funds per a schedule to be included in the agreement.
SECTION 2. That the transfer of $190,000.00 or so much thereof as may be needed, is hereby authorized within Fund 1000 (General Fund), from Dept-Div 44-02 (Economic Development), object class 03 (Services) to Dept-Div 44-02 (Economic Development), object class 05 (Other Expenditures) per the account codes in the attachment to this ordinance.
SECTION 3. That for the purpose stated in Section 1, the expenditure of $190,000.00 or so much thereof as may be needed, is hereby authorized in Fund 1000 (General Fund), Dept. 44-02 (Economic Development), in object class 05 (Other Expenditures) per the accounting codes in the attachment to this ordinance.
SECTION 4. Funds are hereby deemed appropriated and expenditures and transfers authorized to carry out the purposes of this ordinance and the City Auditor shall establish such accounting codes as necessary.
SECTION 5. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 6. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.