City of Columbus - File #: 1333-2004

• File #: 1333-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 6/30/2004
• In control: Health, Housing & Human Services Committee
• On agenda: 7/12/2004
• Final action: 7/13/2004
• Title: To authorize the Director of the Department of Development to modify a contract between the City of Columbus and the Columbus/Franklin County Affordable Housing Trust Corporation to permit a portion of the contract to be used for 2004 operating expenses; and to declare an emergency.

Date	Ver.	Action By	Action	Result
7/13/2004	1	MAYOR	Signed
7/13/2004	1	CITY CLERK	Attest
7/12/2004	1	Columbus City Council	Approved	Pass
7/12/2004	1	COUNCIL PRESIDENT	Signed
7/1/2004	1	Dev Drafter	Sent for Approval
7/1/2004	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
7/1/2004	1	Dev Drafter	Sent for Approval
7/1/2004	1	CITY ATTORNEY	Reviewed and Approved
7/1/2004	1	Dev Drafter	Sent to Clerk's Office for Council

Explanation

BACKGROUND: This legislation will authorize the modification of a contract between the City of Columbus and the Columbus/Franklin County Affordable Housing Trust Corporation (Corporation). Contract DL001872 provided the Corporation with funding to support the development of housing within the City. A modification is now necessary to permit $130,000.00 of contract funds to be used to defray the 2004 operating expenses of the Corporation. The modification will allow the Columbus/Franklin County Affordable Housing Trust Corporation to continue to support the development of housing within the City by defraying its operating expenses.

The Columbus/Franklin County Affordable Housing Trust Corporation, a non-profit corporation charged with facilitating the production of housing within Columbus. The Corporation combines public and private funding through a variety of sources to support the development of housing within the City. Both rental units and homeownership projects will be developed.

This legislation is presented as an emergency because of the need to continue program services without interruption.

FISCAL IMPACT: No additional funds are required for this contract modification.



Title

To authorize the Director of the Department of Development to modify a contract between the City of Columbus and the Columbus/Franklin County Affordable Housing Trust Corporation to permit a portion of the contract to be used for 2004 operating expenses; and to declare an emergency.



Body

Whereas, the Director of the Department of Development desires to modify a contract between the City of Columbus and the Columbus/Franklin County Affordable Housing Trust Corporation to permit $130,000.00 of contract funds to be used for 2004 operating expenses; and

Whereas, this modification will allow for the Columbus/Franklin County Affordable Housing Trust Corporation to continue to support the development of housing within the City by paying fo...