City of Columbus - File #: 0196-2007

• File #: 0196-2007
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 1/30/2007
• In control: Health, Housing & Human Services Committee
• On agenda: 2/26/2007
• Final action: 2/27/2007
• Title: To authorize the Director of the Department of Finance and Management to expend $195,000.00 from the Community Development Block Grants (CDBG) program to fund the second year of a two year contract with AmeriNational Community Services, Inc. which provides servicing of housing and commercial loans for the CDBG and Home Investment Partnerships Grant (HOME) programs; and to declare an emergency. ($195,000.00)

Date	Ver.	Action By	Action	Result
2/27/2007	1	MAYOR	Signed
2/27/2007	1	CITY CLERK	Attest
2/26/2007	1	Columbus City Council	Approved	Pass
2/26/2007	1	COUNCIL PRESIDENT	Signed
2/5/2007	1	Finance Drafter	Sent for Approval
2/5/2007	1	EBOCO Reviewer	Reviewed and Approved
2/5/2007	1	ODI DIRECTOR	Reviewed and Approved
2/5/2007	1	Finance Drafter	Sent for Approval
2/5/2007	1	CITY ATTORNEY	Reviewed and Approved
2/5/2007	1	Finance Drafter	Sent to Clerk's Office for Council
2/2/2007	1	EBOCO Reviewer	Reviewed and Disapproved
2/1/2007	1	Auditor Reviewer	Reviewed and Approved
2/1/2007	1	CITY AUDITOR	Reviewed and Approved
2/1/2007	1	Finance Drafter	Sent for Approval
1/31/2007	1	Finance Reviewer	Reviewed and Approved
1/31/2007	1	Finance Reviewer	Reviewed and Approved
1/31/2007	1	FINANCE DIRECTOR	Reviewed and Approved
1/31/2007	1	Finance Drafter	Sent for Approval
1/30/2007	1	Finance Drafter	Sent for Approval

Explanation
BACKGROUND: This legislation will authorize additional funds for the second year of a two-year contract with AmeriNational Community Services, Inc. The current contract began March 1, 2006 and will expire on February 28, 2008. This contract provides servicing of housing and commercial loans under the Community Development Block Grant (CDBG) Program and the Home Investment Partnerships Program (HOME). Competitive bids were solicited for this service in December of 2003. The original RFP provides for four two-year contract periods.
AmeriNational Community Services, Inc. Contract Compliance Number is 41-1951655.

FISCAL IMPACT: AmeriNational Community Services, Inc. receives a service fee based upon the loans serviced each month. The total amount to be authorized for the second year of this two year contract is $195,000.00. City council authorized the appropriation of Community Development Block Grant funds on January 22, 2007 (Ordinance. # 0039-2007).

This legislation is submitted as an emergency measure to ensure uninterrupted servicing of the loan portfolios.



Title
To authorize the Director of the Department of Finance and Management to expend $195,000.00 from the Community Development Block Grants (CDBG) program to fund the second year of a two year contract with AmeriNational Community Services, Inc. which provides servicing of housing and commercial loans for the CDBG and Home Investment Partnerships Grant (HOME) programs; and to declare an emergency. ($195,000.00)



Body
WHEREAS, it is desirous to provide the funds for the second year of the two year contract entered into with AmeriNational Community Services, Inc. for the servicing of housing and commercial loans under the CDBG and HOME programs; and

WHEREAS, the city has entered into a two year contract with the funding for the second year of the contract being contingent on the approval and appropriation of funds by City Council; and

WHEREAS, an emergency ex...