City of Columbus - File #: 0565-2005

• File #: 0565-2005
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 3/11/2005
• In control: Jobs and Economic Development Committee
• On agenda: 4/18/2005
• Final action: 4/20/2005
• Title: To authorize the appropriation of $114,810.00 from the Capital South Fund; to authorize the Director of the Department of Development to enter into an agreement with the Columbus Downtown Development Corporation; and to authorize the expenditure of $114,810 from the Capital South Fund. (114,810.00)

Date	Ver.	Action By	Action	Result
4/20/2005	1	MAYOR	Signed
4/20/2005	1	CITY CLERK	Attest
4/18/2005	1	Columbus City Council	Approved	Pass
4/18/2005	1	Columbus City Council	Taken from the Table	Pass
4/18/2005	1	COUNCIL PRESIDENT	Signed
4/11/2005	1	Columbus City Council	Tabled to Certain Date	Pass
4/4/2005	1	Columbus City Council	Read for the First Time
3/18/2005	1	Auditor Reviewer	Reviewed and Approved
3/18/2005	1	CITY AUDITOR	Reviewed and Approved
3/18/2005	1	Dev Drafter	Sent for Approval
3/18/2005	1	CITY ATTORNEY	Reviewed and Approved
3/18/2005	1	Dev Drafter	Sent to Clerk's Office for Council
3/17/2005	1	Dev Drafter	Sent for Approval
3/17/2005	1	Finance Reviewer	Reviewed and Approved
3/17/2005	1	FINANCE DIRECTOR	Reviewed and Approved
3/17/2005	1	Dev Drafter	Sent for Approval
3/16/2005	1	Dev Drafter	Sent for Approval
3/16/2005	1	DEVELOPMENT DIRECTOR	Reviewed and Approved

Explanation

BACKGROUND:
This legislation authorizes the Director of Development to enter into an agreement with the Columbus Downtown Development Corporation (CDDC). Under this agreement the CDDC will implement and oversee downtown development projects and programs as well as forge public-private partnerships with the goal of generating private investment for downtown.


FISCAL IMPACT:
This legislation authorizes the appropriation of $114,810.00 from the Capital South Fund to provide funds to enter into an agreement with the Columbus Downtown Development Corporation.



Title

To authorize the appropriation of $114,810.00 from the Capital South Fund; to authorize the Director of the Department of Development to enter into an agreement with the Columbus Downtown Development Corporation; and to authorize the expenditure of $114,810 from the Capital South Fund. (114,810.00)



Body

WHEREAS, the Director of the Department of Development desires to enter into an agreement with the Columbus Downtown Development Corporation; and

WHEREAS, under this agreement the Columbus Downtown Development Corporation will implement and oversee downtown development projects and programs as well as forge public-private partnerships with the goal of generating private investment for downtown; NOW, THEREFORE,


BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

Section 1. That from the unappropriated monies in the fund known as the Capital South Fund the sum of $114,810.00 be and is
hereby appropriated to the Department of Development, Division No. 44-01, Fund No. 481, Object Level One 03, Object Level Three 3336, OCA Code 441481.

Section 2. That the Development Director is hereby authorized to enter into an agreement with the Columbus Downtown Development Corporation in order to implement and oversee downtown development projects and programs as well as forge public-private partnerships with the goal of generating private investment for ...