Explanation
Background:
This ordinance will enable the Director of Recreation and Parks to accept a grant, enter into an agreement with the Ohio Department of Natural Resources, and provide for the appropriation of said funds to the Recreation and Parks Grant Fund.
Grant funding will be used in conjunction with the development of the North Bank Park. Work will include land acquisition, environmental abatement, design, and construction. The project will provide additional recreation for riverfront visitors and will promote tourism in downtown Columbus and central Ohio.
This ordinance is submitted as an emergency to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up-to-date financial posting promotes accurate accounting and financial management. Emergency action is also necessary to have funding available for necessary expenditures.
Fiscal Impact:
$1,000,000.00 in grant funding will be used for development of the North Bank Park.
The fiscal impact of this ordinance will be to reduce the Recreation and Parks Grant Fund's unappropriated balance by $1,000,000.00.
Title
To authorize and direct the Director of Recreation and Parks to accept a grant in the amount of $1,000,000.00 and enter into an agreement with the Ohio Department of Natural Resources for funding to support the development of the North Bank Park, to authorize an appropriation of $1,000,000.00 from the unappropriated balance of the Recreation and Parks Grant Fund to the Recreation and Parks Department, and to declare an emergency. ($1,000,000.00)
Body
WHEREAS, the Ohio Department of Natural Resources has awarded the City of Columbus, Recreation and Parks Department, a grant for the development of the North Bank Park; and
WHEREAS, it is necessary to accept said grant and appropriate said funds; and
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is imm...
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