Explanation
Background: The Department of Development desires to enter into an occupancy license agreement with The Capitol South Community Urban Redevelopment Corporation (hereinafter "Capitol South"). Capitol South has opened and is operating the Downtown Development Resource Center located at 20 East Broad St., which is occupied by City Downtown Development Office staff and other participating occupants. Operation of the Downtown Development Resource Center benefits the City by preserving and improving the quality of life in Downtown Columbus, encouraging businesses to locate or remain downtown, and encouraging the preservation and development of downtown property. The City will also benefit from the presence in the office of a seamless telephone system and computer network in order to link City, Capitol South and the other participating occupants in the effort to preserve and improve Downtown Columbus. This legislation authorizes the Director of the Department of Development to execute those documents necessary to enter into an occupancy license agreement with Capitol South and to expend $25,000 from the General Fund.
Fiscal Impact: $25,000 is available from the Department of Development, General Fund.
Emergency Justification: Emergency action is requested to allow the execution of this agreement to proceed, thus assuring the continued and uninterrupted use of the facilities.
Title
To authorize the Director of the Development Department to execute those documents
necessary to enter into an occupancy license agreement with Capitol South
Community Urban Redevelopment Corporation to support the operation of the
Downtown Development Resource Center located at 20 East Broad St.; to authorize
the expenditure of $25,000 from the General Fund; and to declare an
emergency. ($25,000)
Body
WHEREAS, the Director of the Department of Development desires to enter into a occupancy license agreement with The Capitol South Community Urba...
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