Explanation
BACKGROUND: The need exists to amend Ordinance 2914-2015, which was approved by Columbus City Council on November 23, 2015. That ordinance authorized the Director of the Department of Development to enter into a Green Columbus Fund Brownfield Grant Agreement for up to $200,000 with CHP Casto Barrett School Enterprises, LLC for Brownfield assessment and redevelopment of the site at 345 E. Deshler Avenue so that residential development may proceed.
Prior to the execution of the agreement, it was discovered that the company name was inadvertently misidentified in the legislation. An amendment is now required to change the grantee’s name from CHP Casto Barrett School Enterprises, LLC, to CHP Barrett Developer, LLC.
This legislation is requested to be considered as an emergency in order to allow CHP Barret Developer, LLC to complete corrective action and invest and create jobs as quickly as possible.
FISCAL IMPACT: No funding is required for this legislation.
Title
To amend Ordinance 2914-2015, passed by Columbus City Council on November 23, 2015, for the purpose of changing the name of the Grantee to a Green Columbus Fund Brownfield Grant Agreement from CHP Casto Barrett School Enterprises, LLC, to CHP Barrett Developer, LLC.; and to declare an emergency.
Body
WHEREAS, the need exists to amend Ordinance 2914-2015, which was approved by Columbus City Council on November 23, 2015; and
WHEREAS, the ordinance authorized the Director of the Department of Development to enter into a Green Columbus Fund Brownfield Grant Agreement for up to $200,000 with CHP Casto Barrett School Enterprises, LLC; and
WHEREAS, prior to execution of the agreement, it was discovered that the company was inadvertently misidentified in the legislation and an amendment is now required to change the Grantee’s name from CHP Casto Barrett School Enterprises, LLC, to CHP Barrett Developer, LLC; and
WHEREAS, an emergency exists in the usual daily operation of the Co...
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