City of Columbus - File #: 1655-2006

• File #: 1655-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/19/2006
• In control: Administration Committee
• On agenda: 10/16/2006
• Final action: 10/18/2006
• Title: To authorize the Director of the Department of Finance and Management to execute those documents necessary to renew the lease agreement by and between the City of Columbus and Ralston Industries, Inc., an Ohio corporation, for approximately 9,000 square feet of office/warehouse space at 2771-2773 E. Fourth Avenue, as the new location of the City's "Mobile Tool Library Program", to expend $32,040.00 from the Community Development Block Grant Fund, and to declare an emergency.

Date	Ver.	Action By	Action	Result
10/18/2006	1	MAYOR	Signed
10/18/2006	1	ACTING CITY CLERK	Attest
10/16/2006	1	Columbus City Council	Approved	Pass
10/16/2006	1	COUNCIL PRESIDENT	Signed
9/25/2006	1	Atty Drafter	Sent to Clerk's Office for Council
9/22/2006	1	FINANCE DIRECTOR	Reviewed and Approved
9/22/2006	1	Atty Drafter	Sent for Approval
9/22/2006	1	Auditor Reviewer	Reviewed and Approved
9/22/2006	1	CITY AUDITOR	Reviewed and Approved
9/22/2006	1	Atty Drafter	Sent for Approval
9/22/2006	1	CITY ATTORNEY	Reviewed and Approved
9/21/2006	1	Atty Drafter	Sent for Approval
9/21/2006	1	Finance Reviewer	Sent for Approval
9/21/2006	1	Finance Reviewer	Reviewed and Approved
9/20/2006	1	Atty Reviewer	Reviewed and Approved
9/19/2006	1	Atty Drafter	Sent for Approval

Explanation

Background: On November 28, 2005, Ordinance 2046-2005 was passed authorizing the City, ("Lessee"), to enter into a one (1) year lease agreement with Ralston Industries, Inc., an Ohio corporation, ("Lessor"), for the rental of certain real property which included, approximately 9,000 square feet of office/warehouse storage space. The warehouse, located at 2771-2773 East Fourth Avenue, Columbus, Ohio, was chosen as the new location of the Department of Development's "Mobile Tool Library Program". Under the terms of the agreement, the City has the option to renew the lease for up to (4) consecutive additional one (1) year terms, the first of which is to commence on December 1, 2006. The City desires to exercise its option to renew the subject lease therefore; the following legislation authorizes the Director of the Department of Finance and Management to execute those documents necessary to renew the one (1) year lease agreement between the aforementioned parties.

Fiscal Impact: Funding for this matter will come from the Department of Development, Community Development Block Grant Fund.

Emergency Justification: Emergency action is requested to provide for the immediate execution of the subject lease agreement by the City, as to allow the lease's December 1, 2006 commencement date to proceed without delay.

Title

To authorize the Director of the Department of Finance and Management to execute those documents necessary to renew the lease agreement by and between the City of Columbus and Ralston Industries, Inc., an Ohio corporation, for approximately 9,000 square feet of office/warehouse space at 2771-2773 E. Fourth Avenue, as the new location of the City's "Mobile Tool Library Program", to expend $32,040.00 from the Community Development Block Grant Fund, and to declare an emergency.

Body

WHEREAS, on November 28, 2005, Ordinance 2046-2005 was passed authorizing the City, ("Lessee"), to enter into a one (1) year lease agreemen...