Explanation
BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a Grant Agreement with Ronald McDonald House Charities of Central Ohio, Inc., in an amount not to exceed $1,000,000.00, to advance planning, design and construction of the new expansion to continue, providing more families with accommodations, comfort, care and support while their child is hospitalized.
The Ronald McDonald House Charities of Central Ohio, Inc., is a non-profit organization located just south of Nationwide Children’s Hospital right across E. Livingston Avenue. Their mission is to provide families accommodations, comfort, care, and support while their child is hospitalized. Recently, the Ronald McDonald House, located on Parcel No. 010-028748-00, broke ground on their new expansion. Once complete, the new expansion will provide an additional 80 guest rooms to accommodate more families, new community rooms, expanded kitchen and dining area, green space for families, and necessary renovations to the existing buildings. The total cost of the project is estimated to be $28 million.
FISCAL IMPACTS
Funding in the amount of $1,000,000.00 is available through the Department of Development’s 2023 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
The vendor number is 043001 and contract compliance expires on 9/12/24.
Title
To authorize the Director of the Department of Development to enter into a Grant Agreement with Ronald McDonald House Charities of Central Ohio, Inc., in an amount not to exceed $1,000,000.00, to advance the planning, design and construction of the new expansion to their facility located at 711 E. Livingston Avenue across from Nationwide Children's Hospital; and to authorize the expenditure of $1,000,000.00 from the Development Taxable Bond Fund. ($1,000,000.00)
Body
WHEREAS, the Ronald McDonald ...
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