Explanation
BACKGROUND: The City of Columbus owns certain real property located at 771 E. Long
Street, commonly known as the Lincoln Theater. The City desires to rent certain portions of the Lincoln Theater to various businesses and private citizens in order to generate income to offset the cost of the daily operation of the facility.
FISCAL IMPACT: Renting the facility, in accordance to a pre-determined fee structure, will provide a revenue stream for the City of Columbus to offset the operations and maintenance expenses of this City owned facility. (See Exhibit A)
EMERGENCY JUSTIFICATION: Emergency action is requested to not delay the immediate
renting of certain portion of the Lincoln Theater and subsequent financial benefit to the City.
Title
To authorize the Director of the Department of Development to execute those documents necessary for the short and long term rental agreements for certain portions of the Lincoln Theater; and to declare an emergency. (REPEALED BY ORD. 0022-2005 PASSED 01/09/2006)
Body
WHEREAS, the City of Columbus owns certain real property located 771 E. Long Street, commonly known as Lincoln Theater; and
WHEREAS, the City desires to rent certain portions of the Lincoln Theater; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus, in that it is immediately necessary to authorize the Director of the Department of Development, Office of Land Management, to execute those documents necessary for the short term and long term rental agreements for certain portions of the Lincoln Theater for the immediate preservation of the public health, peace, property and safety, now, therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Development is hereby authorized to execute those documents as approved by the Department of Law, Real Estate Division, necessary for the short and long term rental agreements for ce...
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