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File #: 2866-2025    Version: 1
Type: Ordinance Status: Passed
File created: 10/17/2025 In control: Economic Development & Small and Minority Business Committee
On agenda: 11/3/2025 Final action: 11/5/2025
Title: To repeal Ordinance No. 2059-2025 in its entirety; to authorize the Director of the Department of Development to enter into the Grant Agreement with the Hilltop RISE Economic Community Development Corp. for one million two hundred thousand dollars ($1,200,000.00) for the purpose of funding property acquisition and related costs to allow Hilltop RISE Economic Community Development Corp. to redevelop about two mixed-use projects located at approximately 3085-3093 West Broad Street and 3095-3099 West Broad Street along the LinkUS West Broad Street bus rapid transit corridor; to authorize the transfer, appropriation, and expenditure of the funds deposited within the Old Dublin Road TIF Fund; to advance payment up to the full amount of the grant per a predetermined schedule; to allow for advanced payment of expenditures incurred prior to the purchase order; and to declare an emergency. (1,200,000.00)
Attachments: 1. 2866-2025 Business_Details Hilltop Rise, 2. 2866-2025 Copy of Ord Hilltop RISE account codes 2025-10-17
Explanation

Background: The purpose of this Ordinance is to repeal Ordinance No. 2059-2025 in its entirety and replace it with this Ordinance. The new Ordinance, contained herein, will clearly authorize the grant agreement to include funding up to the full amount of the grant to be advanced per a predetermined schedule. Ordinance No. 2059-2025, passed by City Council on September 8, 2025, and now this legislation authorizes the Director of the Department of Development to enter into the Grant Agreement with the Hilltop RISE Economic Community Development Corp. (“Hilltop RISE”), a non-profit corporation, providing for the acquisition and related costs of about two parcels located at approximately 3085-3093 West Broad Street and 3095-3099 West Broad Street. The City is now in the process of partnering with the Central Ohio Transit Authority to develop bus rapid transit from Downtown Columbus to Prairie Township along W. Broad Street (the “W. Broad St. BRT Corridor”), and the City is implementing ZoneIn Phase 1 and ZoneIn Phase 2 to allow for mixed-use developments along parts of the W. Broad St. BRT Corridor. The City of Columbus will contribute funds to Hilltop RISE to be used for the acquisition and related costs of about two properties for the purpose of Hilltop RISE renovating them into mixed-use properties that will provide affordable housing units at or below 80% AMI and a total of about 6,112 square feet of commercial retail space serving commuters on the W. Broad St. BRT Corridor. Approval is requested for the advance payment up to the full amount of the grant on a predetermined schedule for acquisition and related expenses incurred prior to the execution of the purchase order starting August 22, 2025.

Emergency Justification: An emergency exists in the usual daily operations of the Department of Development in that it is necessary to authorize the Director of the Department of Development to proceed as quickly as possible with the execution of the Grant A...

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