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File #: 1833-2023    Version: 1
Type: Ordinance Status: Passed
File created: 6/13/2023 In control: Economic Development Committee
On agenda: 7/31/2023 Final action: 8/2/2023
Title: To authorize the Director of the Department of Development to enter into a Grant Agreement with Elevate Northland in an amount of up to $500,000.00, to advance the planning, design and construction of new community center space to continue providing training and business incubation assistance to the Northland community; and to authorize the expenditure of $500,000.00 from the Development Taxable Bond Fund and to allow for expenditures prior to the Purchase Order. ($500,000.00)
Attachments: 1. 1833-2023 ED Elevate Northland Bond 2023-06-12, 2. Elevate Northland Presentation to City of Columbus
Explanation

BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a Grant Agreement with Elevate Northland in an amount of up to $500,000.00, to advance the planning, design and construction of new community center space that will allow them to continue providing training and business incubation assistance to the Northland community.

Elevate Northland is a not-for-profit community development corporation in Columbus that brings together groups working on business development and building community bonds, with a mission to uplift people of diverse backgrounds and to create opportunities. Elevate Northland will provide the Northland community with a new community center that will feature training space and a business incubator (the “Northland Community Center”).

Grant funding will be used to pay for costs related to planning, designing and constructing the new community center space. Columbus City Council deems it to be a public purpose to invest in Elevate Northland’s community center with the establishment of new co-working space, commercial food preparation space, and overall improved economic development and small business development opportunities. Columbus City Council also previously approved this intended expenditure via approval of the 2022 Capital Improvements Budget.

Approval is also requested for reimbursement of construction costs expenses and professional services cost associated with the planning, design and completion of the permanent improvements incurred prior to execution of the purchase order, starting January 1, 2023.

FISCAL IMPACTS
Funding in the amount of $500,000.00 is available through the Department of Development’s 2022 Capital Improvement Budget within the Development Taxable Bonds Fund, Fund 7739. The funding will need to be authorized for expenditure from Fund 7739.

CONTRACT COMPLIANCE: Vendor number is 031977 and compliance is pending.

Title

To authorize the Director of the Depar...

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