Explanation
BACKGROUND: On November 12, 2012 Council passed legislation adopting the East Franklinton Creative Community District Plan to guide future redevelopment efforts in East Franklinton. This legislation will support the implementation of the Plan by authorizing the Director of the Department of Development to acquire property within the East Franklinton planning area. Properties acquired will be held under the land reutilization program for future development consistent with the Plan's recommendations.
FISCAL IMPACT: This legislation authorizes the expenditure of funds within the 2012 Capital Improvement Budget in Fund 735 Northland and Other Acquisitions.
EMERGENCY JUSTIFICATION: Emergency action is required to begin the purchase of properties as soon as possible in order to facilitate the rehabilitation, redevelopment or demolition of same.
Title
To authorize the Director of the Department of Development, or his designee, to execute any and all documents necessary for conveyance of title in order to acquire properties within the East Franklinton Area; to amend the 2012 Capital Improvements Budget; to appropriate $400,000.00 within the Northland and Other Acquisition Fund; to transfer cash between projects within the same fund; to authorize the expenditure of $400,000.00 from the Northland and Other Acquisition Fund; and to declare an emergency. ($400,000.00)
Body
WHEREAS, City Council approved legislation to adopt the East Franklinton Creative Community District Plan to guide future redevelopment efforts; and
WHEREAS, the Department of Development wishes to begin the implementation of the plan by acquiring property within the East Franklinton Planning Area; and
WHEREAS, it is necessary to authorize the Director of Development, or his designee, to execute any and all necessary documents for the conveyance of title in order to acquire properties; and
WHEREAS, cash is currently available in the Northland and Other Acquisitions Fund; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to implement the plan recommendations to begin the purchase of properties as soon as possible in order to facilitate the rehabilitation, redevelopment or demolition of the properties, all for the immediate preservation of 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, or his designee, is hereby authorized to execute any and all documents necessary for conveyance of title in order to acquire properties within the East Franklinton Area.
Section 2. That the 2012 Capital Improvements Budget, authorized by ordinance 0368-2012, be amended to provide sufficient authority for this project as follows:
Fund / Project / Project Name / Current C.I.B. / Amendment Amount / Amended C.I.B.
735 / 441735-100000 / 44-01 Northland Mall Project / $639,791.32 /$400,000.00 / $239,791.32
735 / 440104-100005 / Franklinton Artist Housing Project / $0 / $400,000.00 / $400,000.00
Section 3. That the City Auditor is hereby authorized and directed to appropriate $400,000 as follows:
Fund / Project / Project Name / O.L. 01-03 Codes / OCA / Amount
735 / 441735-100000 / 44-01 Northland Mall Project / 06-6601 / 441735 / $400,000.00
Section 4. That the transfer of cash and appropriation within Fund 735, Northland and Other Acquisitions Fund be authorized as follows:
Transfer from:
Fund / Project / Project Name / O.L. 01-03 Codes / OCA / Amount
735 / 441735-100000 / 44-01 Northland Mall Project / 06-6601 / 441735 / $400,000.00
Transfer to:
Fund / Project / Project Name / O.L. 01-03 Codes / OCA / Amount
735 / 440104-100005 / Franklinton Artist Housing Project / 06-6601 / 735104 / $400,000.00
Section 5. That for the purpose stated in Section 1, the expenditure of $400,000 from the Development Department, Division 44-01, the Northland and Other Acquisitions Fund No. 735, Project 440104-100005 Franklinton Artist Housing Project, OCA Code 735104 is hereby authorized.
Section 6. That the City Auditor is authorized to make any accounting changes to revise the funding source for any contract or contract modification associated with the expenditure of the funds in Section 4 above.
Section 7. 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 passage and approval by the Mayor or ten days after its passage if the Mayor neither approves nor vetoes the same.