Explanation
BACKGROUND:
This legislation authorizes the Director of Development to enter into contract with the Columbus Urban Growth Corporation for the expenditure of $80,000. The expenditure is for the administration of the Greater Parsons Avenue Vision Plan. The Greater Parsons Avenue Vision Plan is intended to include a detailed analysis and definite plan for the Parsons Avenue Corridor. This plan will result from a strategic visioning with the Parsons Avenue neighbors in which they will develop a strategic vision and action plan for redeveloping their neighborhood. Columbus City Council amended the 2005 budget to create a $2 million Job Growth Initiatives Fund. The expenditure for the Greater Parsons Avenue Vision Plan, which is a part of the Job Growth Initiative Fund, will be the catalyst for future job growth and redevelopment for the Greater Parsons Avenue Corridor and the south side community.
Emergency action is requested to enter into contract with the Columbus Urban Growth Corporation for the immediate administration of the Greater Parsons Avenue Vision Plan.
FISCAL IMPACT:
$80,000 for this contract will be transferred from the $2 million Job Growth Initiatives Fund.
Title
To authorize the transfer of $80,000 from the Department of Finance to the Development Department; to authorize the Director of the Department of Development to enter into a contract with the Columbus Urban Growth Corporation; to authorize the expenditure of $80,000 from the General Fund; and to declare an emergency. ($80,000)
Body
WHEREAS, the development of the Greater Parsons Avenue Corridor is an objective of the Department of Development and in the best interest of the City as a whole; and
WHEREAS, the Columbus Urban Growth Corporation was organized to increase the commercial and industrial development activities and investment in the core city and augments this effort with greater community involvement, a community-based boar...
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