City of Columbus - File #: 0657-2009

• File #: 0657-2009
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 4/24/2009
• In control: Health, Housing & Human Services Committee
• On agenda: 5/11/2009
• Final action: 5/14/2009
• Title: To authorize the Director of the Development Department to enter into a contract with the Affordable Housing Trust for Columbus and Franklin County to facilitate the production of affordable housing and enhance home ownership opportunities in Columbus; to authorize the appropriation and expenditure of 0.43% (presently estimated at $1,125,000) of the combined rates of 5.1% of the Hotel/Motel Excise Tax, less $150,000; and to declare an emergency. ($1,125,000) (REPEALED BY ORD. 0782-2009 PASSED 6/1/2009)

Date	Ver.	Action By	Action	Result
5/14/2009	1	CITY CLERK	Attest
5/12/2009	1	MAYOR	Signed
5/11/2009	1	Columbus City Council	Approved	Pass
5/11/2009	1	COUNCIL PRESIDENT	Signed
4/28/2009	1	Dev Drafter	Sent for Approval
4/28/2009	1	CITY ATTORNEY	Reviewed and Approved
4/28/2009	1	Dev Drafter	Sent to Clerk's Office for Council
4/27/2009	1	Finance Reviewer	Reviewed and Approved
4/27/2009	1	FINANCE DIRECTOR	Reviewed and Approved
4/27/2009	1	Dev Drafter	Sent for Approval
4/27/2009	1	Auditor Reviewer	Reviewed and Approved
4/27/2009	1	CITY AUDITOR	Reviewed and Approved
4/24/2009	1	Dev Drafter	Sent for Approval
4/24/2009	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
4/24/2009	1	Dev Drafter	Sent for Approval
4/24/2009	1	Finance Reviewer	Reviewed and Approved

Explanation

BACKGROUND: The Affordable Housing Trust for Columbus and Franklin County combines public and private funding through a variety of sources to support the development of housing within the City. Both rental units and homeownership projects are developed.

In 2009 the City will commit its annual contribution of the hotel/motel tax receipts to the Affordable Housing Trust for Columbus and Franklin County at an estimated $1,125,000 or whatever greater or lesser sum of money may be received through the portion of the Hotel/Motel Excise Tax fund allocated to the Affordable Housing Trust for Columbus and Franklin County. The amount allocated ($1,125,000) is based on 0.43% in relation to the 5.1% total city rate, less $150,000. Ordinance 0495-2009, passed 3/30/09, transferred $150,000 from the Housing Trust Fund to the Health Special Revenue Fund to support the Columbus Neighborhood Health Centers.

This legislation is presented as an emergency because of the need to continue program services without interruption.

FISCAL IMPACT: This legislation authorizes and directs the appropriation and expenditure of 0.43% of the combined rates of 5.1% of the Hotel/Motel Excise Tax fund, less $150,000, presently estimated at $1,125,000.

Title

To authorize the Director of the Development Department to enter into a contract with the Affordable Housing Trust for Columbus and Franklin County to facilitate the production of affordable housing and enhance home ownership opportunities in Columbus; to authorize the appropriation and expenditure of 0.43% (presently estimated at $1,125,000) of the combined rates of 5.1% of the Hotel/Motel Excise Tax, less $150,000; and to declare an emergency. ($1,125,000) (REPEALED BY ORD. 0782-2009 PASSED 6/1/2009)

Body

WHEREAS, the Mayor commissioned a Columbus Housing Task Force (Task Force) in May 2000 to design the City's first housing trust fund and to recommend a structure whereby an Affordable Housing Trust for Columbus and ...