Explanation
BACKGROUND: This legislation authorizes an amendment to Ordinance No. 1812-2026, passed by Columbus City Council on June 29, 2026, to allow for a correction of the total commitment amount.
Ordinance No. 1812-2026, passed by Columbus City Council on June 29, 2026, authorized the Director of the Department of Development to execute a grant agreement with Seton South Columbus Inc for the renovation of Seton Square South & West in an amount up to $3,000,000.00. It was recently discovered that the department inadvertently stated that the total commitment amount was $3,000,000.00 when in fact the total commitment is $5,000,000.00.
Emergency action is requested in order to correctly reflect the total commitment amount and not delay the closing of the construction loan of the property causing any undue hardships. The organization will be closing on additional HUD financing for this project October 1, 2026and this needs to be corrected prior to that otherwise they will not be able to close and receive the additional funding needed.
CONTRACT COMPLIANCE: the vendor number is 055343 and expires 06/02/2028.
Title
To amend Ordinance No. 1812-2026, passed by Columbus City Council on June 29, 2026, to allow for a correction of the total amount being committed for the project from $3,000,000.00 to the correct amount of $5,000,000.00; and to declare an emergency. ($0.00)
Body
WHEREAS, Ordinance No. 1812-2026, passed by Columbus City Council on June 29, 2026, authorized the Director of the Department of Development to execute a with Seton South Columbus Inc for the renovation of Seton Square South & West in a total commitment amount up to $3,000,000.00; and
WHEREAS, it was recently discovered that the department inadvertently listed the total commitment to be $3,000,000.00 when in fact the total commitment is $5,000,000.00; and
WHEREAS, the Director of the Department of Development requests that Ordinance No. 1812-2026 be amended in order to correct...
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