Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into an agreement with the Young Women's Christian Association ("YWCA"). The funds provided by the agreement will be used to undertake the necessary repairs of the YWCA Griswold Building at 65 South Fourth Street which is a permanent supportive housing project targeted to single women. The YWCA Griswold Building is a project under the City of Columbus' five year commitment to provide $6,000,000 in funding over a five year period for the Rebuilding Lives Program which provides permanent supportive housing. It is anticipated that $3,000,000 of the $6,000,000 commitment will be provided from bond funds with the remaining funds to come from the City's allocation of HOME Investment Partnership Funds. This legislation authorizes the expenditure of $650,000.00 of bond funds to Young Women's Christian Association for necessary repairs to the YWCA Griswold building.
Emergency action is necessary to allow for Young Women's Christian Association to immediately begin the needed repairs.
FISCAL IMPACT: Funding is from the 2013 Housing Preservation Fund (Rebuilding Lives) - 2013 Capital Improvement Budget.
Title
To authorize the Director of the Department of Development to enter into an agreement with the Young Women's Christian Association for necessary repairs of the YWCA Griswold Building permanent supportive housing project; to authorize the expenditure of $650,000.00 from the 2013 Housing Preservation Fund; and to declare an emergency. ($650,000.00)
Body
WHEREAS, the Department of Development, Housing Division desires to administer a 2013 Housing Preservation Fund (Rebuilding Lives) from city bond proceeds within 2013 Capital Improvements Budget; and
WHEREAS, the Department of Development desires to enter into an agreement with the Young Women's Christian Association and to expend $650,000.00 in bond proceeds; and
WHEREAS, these monies will be used to assist in the repairs of the YWCA Griswold Building permanent supportive housing project to provide affordable housing targeted to single women who are homeless or at risk of being homeless; and
WHEREAS, emergency action is necessary to allow for the repairs project to begin immediately; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Housing Division, in that it is immediately necessary to enter into an agreement with the Young Women's Christian Association and to expend said funds thereby preserving the public health, peace, property, safety, and welfare; and 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 Young Women's Christian Association to assist in the repairs to the YWCA Griswold Building which includes permanent supportive housing units to provide affordable housing for those who are homeless or at risk of being homeless.
Section 2. That for the purpose as stated in Section 1, the expenditure of $650,000.00 or so much thereof as may be necessary, is hereby authorized from the Department of Development, Division 44-10, Fund 782, Project 782001-100001, Object Level Three 6616, OCA Code 782101.
Section 3. 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 4. 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 5. 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 administrating said project that the project has been completed and the monies are no longer required for said project.
Section 6. 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.