Explanation
Background: This legislation authorizes the Director of the Department of Development to amend a professional services contract with Civil and Environmental Consultants for environmental clean up work at the Wheatland Avenue Property in the Hilltop Area. Ordinance No. 2007-2006 authorized the Director of the Development Department to enter into the agreement with Civil and Environmental Consultants for the environmental clean up work using a Clean Ohio Assistance Fund grant. It has been determined that additional funds are needed for the environmental clean up. The site requires asbestos removal, structural demolition and soil clean up to prepare the site for residential development.
This ordinance also authorizes the transfer, appropriation, and expenditure of $550,000.00 from the Special Income Tax Fund to provide funds to amend the contract with Civil and Environmental Consultants. The Special Income Tax transfer and appropriation is a temporary measure until the City sells notes or bonds for this project.
Emergency action is requested so that work may continue on the project.
Fiscal Impact: The Development Department received $4,500,000.00 in the 2007 Capital Improvement Budget for Housing Preservation projects. Bonds have yet to be sold; therefore, a transfer of cash from the Special Income Tax Fund is necessary. The total cost of this professional services contract is $1,300,00.00. Of this, $750,000 is from the Clean Ohio Assistance Fund grant and $550,000 is from the Housing Preservation Fund.
Title
To authorize and direct the City Auditor to transfer $550,000.00 from the Special Income Tax Fund to the Housing Preservation Fund; to authorize the Director of the Development Department to amend a contract with Civil and Environmental Consultants for environmental clean up work at the Wheatland Avenue Property in the Hilltop Area; to authorize the expenditure of $550,000.00 from the Housing Preservation Fund; and to dec...
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