City of Columbus - File #: 0087-2009

• File #: 0087-2009
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 1/13/2009
• In control: Finance & Economic Development Committee
• On agenda: 2/9/2009
• Final action: 2/10/2009
• Title: To appropriate $1,777,006 within the Special Income Tax Fund for the Finance and Management Department, Real Estate Management Office; to authorize the Finance and Management Director to renew, extend, enter into, and make payments for lease agreements with various lessors for the lease of office and warehouse space for the Department of Public Safety and the lease of office space for the Department of Development; to authorize the expenditure of $1,395,523.30 from the Special Income Tax Fund; and to declare an emergency.

Date	Ver.	Action By	Action	Result
2/10/2009	1	MAYOR	Signed
2/10/2009	1	CITY CLERK	Attest
2/9/2009	1	Columbus City Council	Approved	Pass
2/9/2009	1	COUNCIL PRESIDENT	Signed
1/29/2009	1	CITY AUDITOR	Reviewed and Approved
1/29/2009	1	CITY AUDITOR	Reviewed and Approved
1/29/2009	1	Finance Drafter	Sent for Approval
1/29/2009	1	CITY ATTORNEY	Reviewed and Approved
1/29/2009	1	Finance Drafter	Sent to Clerk's Office for Council
1/28/2009	1	FINANCE DIRECTOR	Reviewed and Approved
1/28/2009	1	Finance Drafter	Sent for Approval
1/27/2009	1	Finance Drafter	Sent for Approval
1/27/2009	1	Finance Reviewer	Reviewed and Approved
1/27/2009	1	Finance Reviewer	Reviewed and Approved
1/27/2009	1	Finance Reviewer	Reviewed and Approved

Explanation

BACKGROUND: This ordinance authorizes the appropriation of $1,777,006 from the Special Income Tax Fund for the Finance and Management Department, Real Estate Management Office, for the payment of lease agreements entered into on behalf of the Departments of Public Safety and Development. At the present time, authorization to expend $1,395,523.30 is being requested. Requests for the expenditure of the remainder of the appropriation will be made in subsequent ordinances in conjunction with the request for Council approval to enter into each new lease agreement.

This ordinance authorizes the Finance and Management Director to renew two lease agreements with two lessors and authorize payment of rental fees in a Memorandum of Understanding with Public Utilites for the Division of Police use of building space at 1250 Fairwood Avenue.

This ordinance also authorizes the expenditure of funds for the payment of the second of twenty (20) one year terms of a lease with the Columbus Downtown Development Corporation authorized by City Council Ordinance 1121-2007 for office space at 50 West Town Street for the Department of Development, Economic Development Division.

In addition, this ordinance also authorizes the expenditure of funds for the payment of the third year of a fifteen (15) year lease with Gideon Development Partners LLC authorized by City Council Ordinance 2212-2004 and assigned to King Lincoln Gateway LLC for office space at 738 Long Street for the Department of Public Safety, Division of Police and for the third year of a fifteen (15) year lease with King Lincoln Gateway LLC authorized by City Council Ordinance 0690-2006 for office space at 738 Long Street for the Department of Public Safety, Division of Fire.

The leases authorized by this ordinance and Ordinances 2212-2004, 0690-2006, 1121-2007 with their 2009 costs, are as follows:

SEE ATTACHMENT

Emergency action is requested to provide funding to coincide with the commenc...