City of Columbus - File #: 0205-2011

• File #: 0205-2011
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 2/1/2011
• In control: Development Committee
• On agenda: 2/28/2011
• Final action: 3/2/2011
• Title: To authorize the Director of the Department of Development to enter into a grant agreement with U & I Properties, LLC for Brownfield assessment and redevelopment of the site located 154-164 Yale Ave., pursuant to the Green Columbus Fund Program; and to authorize the expenditure of up to $54,000 from the Northland and Other Acquisitions Fund. ($54,000)

Date	Ver.	Action By	Action	Result
3/2/2011	1	MAYOR	Signed
3/2/2011	1	CITY CLERK	Attest
2/28/2011	1	Columbus City Council	Approved	Pass
2/28/2011	1	COUNCIL PRESIDENT	Signed
2/14/2011	1	Columbus City Council	Read for the First Time
2/7/2011	1	Dev Drafter	Sent for Approval
2/7/2011	1	CITY ATTORNEY	Reviewed and Approved
2/7/2011	1	Dev Drafter	Sent to Clerk's Office for Council
2/4/2011	1	Finance Reviewer	Reviewed and Approved
2/4/2011	1	FINANCE DIRECTOR	Reviewed and Approved
2/4/2011	1	Dev Drafter	Sent for Approval
2/4/2011	1	Auditor Reviewer	Reviewed and Approved
2/4/2011	1	CITY AUDITOR	Reviewed and Approved
2/3/2011	1	Finance Reviewer	Reviewed and Approved
2/3/2011	1	Finance Reviewer	Reviewed and Approved
2/2/2011	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
2/2/2011	1	Dev Drafter	Sent for Approval
2/1/2011	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND:
This legislation authorizes the expenditure of $54,000 for a Brownfield grant award pursuant to the Green Columbus Fund, which was established in October 2010 by Ordinance 1462-2010.

The Green Columbus Fund represents the City's commitment to foster sustainable building through LEED certification and to foster sustainable Brownfield assessment and redevelopment. The program will produce economic, environmental and social benefits for Columbus and its residents.

This legislation authorizes the Director of Development to enter into a grant agreement with U & I Properties, LLC for Brownfield assessment and redevelopment of the site at 154-164 Yale Ave., subject to the project attaining Brownfield assessment and redevelopment goals of the program, and meeting the other terms and conditions of the agreement. It also authorizes the expenditure of up to $54,000 for this purpose.

FISCAL IMPACT:
Funding is from the Green Columbus Fund - 2010 Capital Improvements Budget.


Title

To authorize the Director of the Department of Development to enter into a grant agreement with U & I Properties, LLC for Brownfield assessment and redevelopment of the site located 154-164 Yale Ave., pursuant to the Green Columbus Fund Program; and to authorize the expenditure of up to $54,000 from the Northland and Other Acquisitions Fund. ($54,000)


Body

WHEREAS, the Department of Development administers the Green Columbus Fund (established by Ordinance 1462-2010) from city bond proceeds; and

WHEREAS, the Green Columbus Fund represents the City's commitment to foster sustainable building through LEED certification and to foster sustainable Brownfield assessment and redevelopment; and

WHEREAS, the program will produce economic, environmental and social benefits for Columbus and its residents; and

WHEREAS, the applicant has applied under the Brownfield assessment and redevelopment component of this program, the purpose of which is t...