Explanation
Background:
This legislation authorizes the Director of the Department of Neighborhoods to enter into a grant agreement with Hilltop Rise Economic Community Development Corporation. The mission of this organization is in alignment with the Envision Hilltop Plan through its mission to promote vital economic development and community investment on The Hilltop for residents and business owners.
Hilltop Rise Economic Community Development Corporation is a non-profit Economic Community Development Corporation working to enhance the streetscapes along historic business corridors, preserve affordable commercial real estate, and attract businesses and customers to revitalize the neighborhood for the Greater Hilltop community.
Funding from the City of Columbus Department of Neighborhoods will be used to support the administrative costs for the Hilltop Rise Economic Community Development Corporation, in addition to the personnel costs associated with employing an Executive Director and support staff.
Fiscal Impact: The fiscal impact associated with the execution of the grant agreement is in the amount of $146,000.00 and is to come from Fund 1000 General Fund (GF).
Emergency Justification: Emergency action is requested in order to prevent delays in on-going projects and the day-to-day operation of the non-profit.
Contract Compliance: - 044897, 3.28.23 - 3.28.25
Title
To authorize the Director of the Department of Neighborhoods to enter into a grant agreement with Hilltop Rise Economic Community Development Corporation to authorize the expenditure of $146,000.00 from the Department of Neighborhoods General Fund 1000; to advance funding per a predetermined schedule; and to declare an emergency. ($146,000.00)
Body
WHEREAS, the mission of the Hilltop Rise Economic Community Development Corporation is aligned with the goals of the Envision Hilltop Plan; and
WHEREAS, Hilltop Rise Economic Community Development Corporation will seek to promote vital development a...
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