City of Columbus - File #: 1806-2007

• File #: 1806-2007
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 10/26/2007
• In control: Health, Housing & Human Services Committee
• On agenda: 11/12/2007
• Final action: 11/15/2007
• Title: To authorize the Director of the Department of Finance and Management, on behalf of the Department of Development, to execute those documents necessary to renew the lease agreement by and between the City of Columbus and Ralston Industries, Inc. for approximately 9,000 square feet of office/warehouse space at 2771-2773 E. Fourth Avenue, as the location of the City's "Mobile Tool Library Program"; to authorize the expenditure of $32,040.00 from the Community Development Block Grant Fund; and to declare an emergency. ($32,040)

Date	Ver.	Action By	Action	Result
11/15/2007	1	CITY CLERK	Attest
11/13/2007	1	MAYOR	Signed
11/12/2007	1	Columbus City Council	Approved	Pass
11/12/2007	1	COUNCIL PRESIDENT	Signed
11/2/2007	1	Finance Drafter	Sent to Clerk's Office for Council
11/2/2007	1	City Clerk's Office	Sent back for Clarification/Correction
11/2/2007	1	Finance Drafter	Sent for Approval
11/2/2007	1	FINANCE DIRECTOR	Reviewed and Approved
11/2/2007	1	Finance Drafter	Sent to Clerk's Office for Council
11/1/2007	1	Auditor Reviewer	Reviewed and Approved
11/1/2007	1	CITY AUDITOR	Reviewed and Approved
11/1/2007	1	Finance Drafter	Sent for Approval
11/1/2007	1	CITY ATTORNEY	Reviewed and Approved
10/31/2007	1	Finance Reviewer	Reviewed and Approved
10/31/2007	1	Finance Drafter	Sent for Approval
10/30/2007	1	Dev Drafter	Sent for Approval
10/30/2007	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
10/30/2007	1	Dev Drafter	Sent for Approval
10/29/2007	1	Finance Reviewer	Reviewed and Approved
10/29/2007	1	Finance Reviewer	Reviewed and Approved
10/29/2007	1	Finance Drafter	Sent for Approval
10/29/2007	1	Dev Drafter	Sent for Approval
10/29/2007	1	Finance Drafter	Sent for Approval
10/26/2007	1	Finance Drafter	Sent for Approval
10/26/2007	1	Finance 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 had the option to renew the lease for up to (4) consecutive additional one (1) year terms. The first option was exercised for the period commencing on December 1, 2006. The City desires to exercise its second 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 exercise the second renewal option and renew the one (1) year lease agreement between the aforementioned parties.

Emergency action is requested to provide for the immediate execution of the subject lease renewal agreement by the City, as to allow the lease's December 1, 2007 renewal date to proceed without delay.

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


Title

To authorize the Director of the Department of Finance and Management, on behalf of the Department of Development, to execute those documents necessary to renew the lease agreement by and between the City of Columbus and Ralston Industries, Inc. for approximately 9,000 square feet of office/warehouse space at 2771-2773 E. Fourth Avenue, as the location of the City's "Mobile Tool Library Program"; to authorize the expenditure of $32,040.00 from the Community Development Block Grant Fund; and to declare an emergency. ($32,040)

Body

WHEREAS, on November 28, 2005, Ordinanc...