Explanation
Background: The Department of Development Division of Land Redevelopment operates the City of Columbus Land Bank program and works closely with the Franklin County Land Bank - Central Ohio Community Improvement Corporation (COCIC). In 2017, the City of Columbus Council approved Ordinance 0252-2017, allowing the City of Columbus Land Bank to lease office space from COCIC for an initial seven (7) year term, which ends January 31, 2024. The lease automatically extends on a year-to-year basis subject to appropriation of funding by City Council and certification of funds by the City Auditor. This legislation authorizes the funding for payments associated with the lease of the shared space for the February 1, 2024 through January 31, 2025 term.
Fiscal Impact: This ordinance authorizes the appropriation and expenditure of $24,027.59 from funds available in the Land Management Fund.
Emergency Justification: Emergency action is requested to enable the Division of Land Redevelopment to continue to occupy office space shared with COCIC without interruption and allow for the timely payment of the cost associated with use of the office space under the lease agreement for the term from February 1, 2024 through January 31, 2025.
Title
To authorize the appropriation and expenditure of $24,027.59 from the Land Management Fund for the lease of office space at 845 Parsons Avenue; and to declare an emergency ($24,027.59).
Body
WHEREAS, the City of Columbus Land Bank and Franklin County Land Bank programs work closely together to return blighted, vacant, and tax-delinquent properties to productive use for the benefit of the public; and
WHEREAS, to further promote their collaborative efforts, the City Land Bank Program and the Franklin County Land Bank Program co-locate operations at that real property owned by Central Ohio Community Improvement Corporation located at 845 Parsons Avenue; and
WHEREAS, the City’s lease agreement with the Central Ohio Comm...
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