Explanation
Background: The City of Columbus owns certain real property located at 2300 West Broad Street. The City desires to enter into a short-term lease with the Greater Hilltop Community Development Corporation to allow the continuation of community services provided by that agency.
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Fiscal Impact: The City will receive $1.00 per month for the term of this lease agreement (6 months). In addition, Greater Hilltop Community Development Corporation shall pay all operating expenses to include utilities, (gas, electric, water) taxes and insurance for the portion of the building occupied.
Emergency Justification: Emergency action is requested to implement the lease agreement. The current lease has expired.
Title
To authorize the Director of the Department of Development to enter into a short-term lease agreement to lease a city owned property at 2300 West Broad Street to the Greater Hilltop Community Development Corporation; and to declare an emergency.
Body
WHEREAS, the City of Columbus owns certain real property known as 2300 West Broad Street, Columbus, Ohio 43204; and
WHEREAS, the City of Columbus, Department of Development, has negotiated a mutually satisfactory lease agreement with the Greater Hilltop Community Development Corporation, an Ohio non-profit Corporation, for the lease of said real property; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, in that it is immediately necessary to enter into this lease agreement in order to continue the expired lease thereby preserving 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 execute any and all documents approved as necessary to enter into a lease agreement by and between the City of Columbus and the Greater Hilltop Community Development Corporation for a certain real property known as 2300 West Broad Street, Columbus, Ohio 43204 for the period of July 15, 2005 through January 15, 2006.
Section 2. That for 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 approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.