City of Columbus - File #: 0766-2006

• File #: 0766-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 4/10/2006
• In control: Development Committee
• On agenda: 5/1/2006
• Final action: 5/3/2006
• Title: To authorize the Development Director to accept a $150,000 Ohio Department of Development roadwork improvement grant to benefit the Grange Mutual Casualty Company expansion in the Brewery District; to authorize the appropriation of these monies within the General Government Grant; to authorize the Public Services Director to enter into a guaranteed maximum cost agreement with Grange pursuant to Section 186 of the Columbus City Charter to construct the roadwork improvements at 650 South Front Street; to authorize the expenditure of $150,000 or so much thereof as may be necessary from the General Government Grant Fund; and to declare an emergency. ($150,000)

Date	Ver.	Action By	Action	Result
5/3/2006	1	MAYOR	Signed
5/3/2006	1	CITY CLERK	Attest
5/1/2006	1	Columbus City Council	Approved	Pass
5/1/2006	1	COUNCIL PRESIDENT	Signed
4/21/2006	1	Service Reviewer	Sent to Clerk's Office for Council
4/20/2006	1	ODI DIRECTOR	Reviewed and Approved
4/20/2006	1	CITY ATTORNEY	Reviewed and Approved
4/20/2006	1	EBOCO Reviewer	Reviewed and Approved
4/20/2006	1	Service Reviewer	Sent for Approval
4/19/2006	1	CITY AUDITOR	Reviewed and Approved
4/19/2006	1	Auditor Reviewer	Reviewed and Approved
4/19/2006	1	Service Reviewer	Sent for Approval
4/18/2006	1	FINANCE DIRECTOR	Reviewed and Approved
4/18/2006	1	Finance Reviewer	Reviewed and Approved
4/18/2006	1	Service Reviewer	Sent for Approval
4/12/2006	1	SERVICE DIRECTOR	Reviewed and Approved
4/12/2006	1	Service Reviewer	Reviewed and Approved
4/11/2006	1	Dev Drafter	Sent for Approval
4/11/2006	1	Dev Drafter	Sent for Approval
4/11/2006	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
4/10/2006	1	Service Drafter	Sent for Approval
4/10/2006	1	Service Reviewer	Reviewed and Approved

Explanation
The Grange Mutual Casualty Company desires to expand and remodel its existing corporate headquarters at a cost of between $3,000,000.00 and $4,000,000.00, construct an additional office building of approximately 200,000 square feet at a cost of between $39,100,000.00 and $45,100,000.00 and to build a 1,000 space parking garage at a cost of between $19,400,00000 and $22,700,000.00 on its site at 650 South Front Street. This project is expected to enable Grange to create approximately 800 full-time, permanent job opportunities over the next twenty years. The Ohio Department of Development invited the Columbus Department of Development to apply for a $150,000.00 roadwork improvement grant to help facilitate this expansion and City Council authorized this grant application by Ordinance 0065-2006 passed January 25, 2006. The roadwork grant application is part and parcel of a tax incentive package approved by City Council in October 2005 which included an enterprise zone tax incentive (Ordinance 1726-2005) a large employment office incentive (Ordinance 1752-2005) and the creation of a tax increment finance district (Ordinance 1724-2005), all to facilitate the expansion of Grange in Columbus and help offset costs.

This legislation allows the Development Director to accept the $150,000.00 grant. It also authorizes the Public Service Director to enter into a guaranteed maximum cost agreement with Grange for the latter to construct these improvements. The Public Service Department will administer the guaranteed maximum cost agreement with Grange as a matter of expediency and because of its expertise and familiarity with roadway improvements.

Fiscal Impact: There is no cost to the City of Columbus for this roadway improvement beyond the amount of this grant. This ordinance appropriates $150,000.00 within the General Government Grant Fund and authorizes its expenditure for this purpose.

Emergency action is requested in order to facilitate construct...