City of Columbus - File #: 0143-2011

• File #: 0143-2011
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 1/19/2011
• In control: Minority and Business Development Committee
• On agenda: 2/7/2011
• Final action: 2/9/2011
• Title: To authorize the Director of the Department of Development to enter into various contracts for the development and strengthening of neighborhood business organizations; to authorize the expenditure of $60,000.00 from the 2011 Community Development Block Grant Fund; and to declare an emergency. ($60,000.00)

Date	Ver.	Action By	Action	Result
2/9/2011	1	CITY CLERK	Attest
2/8/2011	1	MAYOR	Signed
2/7/2011	1	Columbus City Council	Approved	Pass
2/7/2011	1	COUNCIL PRESIDENT	Signed
1/24/2011	1	FINANCE DIRECTOR	Reviewed and Approved
1/24/2011	1	Dev Drafter	Sent for Approval
1/24/2011	1	Auditor Reviewer	Contingent
1/24/2011	1	CITY AUDITOR	Reviewed and Approved
1/24/2011	1	Dev Drafter	Sent for Approval
1/24/2011	1	CITY ATTORNEY	Reviewed and Approved
1/24/2011	1	Dev Drafter	Sent to Clerk's Office for Council
1/21/2011	1	Finance Reviewer	Reviewed and Approved
1/21/2011	1	Finance Reviewer	Reviewed and Approved
1/20/2011	1	Finance Reviewer	Reviewed and Approved
1/19/2011	1	Dev Drafter	Sent for Approval
1/19/2011	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
1/19/2011	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into contracts with various neighborhood business organizations in the Neighborhood Commercial Revitalization (NCR) Program areas throughout Columbus. The total amount of these contracts is $60,000.00

The Neighborhood Economic Development Fund (NEDF) provides a funding source that enables business organizations to develop and implement economic development projects as an additional stimulus for the NCR Program. Funded projects must address only NCR district needs and cannot duplicate other available programs/services.

This legislation authorizes the expenditure of $60,000.00 for the above referenced purpose.

Emergency action is necessary to allow the neighborhood business organizations to provide services to the business community uninterrupted.

FISCAL IMPACT: Funding for the Neighborhood Economic Development Fund will consist of $60,000.00 from the 2011 Community Development Block Grant program.


Title

To authorize the Director of the Department of Development to enter into various contracts for the development and strengthening of neighborhood business organizations; to authorize the expenditure of $60,000.00 from the 2011 Community Development Block Grant Fund; and to declare an emergency. ($60,000.00)


Body

WHEREAS, the City of Columbus established the Neighborhood Commercial Revitalization (NCR) Program in 1981; and

WHEREAS, the Department of Development wishes to provide a funding source, as an additional stimulus to the NCR program, to enable business organizations to develop and implement economic development projects; and

WHEREAS, additional support to neighborhood business groups is necessary to expand their scope of promotional, organizational and business investment in the NCR areas; and

WHEREAS, active neighborhood business organizations can encourage private investment in the NCR areas; and

WHEREAS, ...