Explanation
BACKGROUND: Ordinance 0387-2006, passed March 13, 2006, authorized the Director of the Department of Development to enter into a development agreement with Community Housing Partnership for street and infrastructure improvements in the public right of way as part of the Columbus Housing Initiatives Project, Capital Improvement Program with funding up to $126,000. An Ordinance was passed on June 12, 2006 amending the original ordinance by correcting the name of the contracting entity to Columbus Housing Partnership. Payments of $102,600 were made on this agreement. However, $23,400.00 in Capital Improvement Funds were cancelled due to an error in the encumbrance. The encumbrance was set up to be a single payment and after the first payment, remaining funds were cancelled. This ordinance will reinstate the $23,400 in funding necessary to pay for the remaining work that was completed on the project.
Emergency action is requested so that the developer can pay the contractors for work that has been completed.
FISCAL IMPACT: $23,400 will be re-authorized for this project from the Voted 1995, 1999 Streets and Highways Fund capital improvements budget.
Title
To re-authorize the expenditure of $23,400 from the Voted 1995, 1999 Streets and Highways Fund for a development agreement with Columbus Housing Partnership as part of the Columbus Housing Initiatives Project, Capital Improvement Program; and to declare an emergency. ($23,400)
Body
WHEREAS, on March 13, 2006, Columbus City Council passed Ordinance 0387-2006 authorizing the Development Director to enter into a development agreement with Community Housing Partnership for up to $126,000 in street and infrastructure improvements in the public right of way as part of the Columbus Housing Initiatives Project, Capital Improvement Program; and
WHEREAS, on June 12, 2006, Columbus City Council passed Ordinance 1011-2006 amending the name of the contracting entity to Columbus Housi...
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