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File #: 0193-2004    Version: 1
Type: Ordinance Status: Passed
File created: 1/20/2004 In control: Development Committee
On agenda: 2/23/2004 Final action: 2/25/2004
Title: To authorize the Director of Development to modify the Economic Opportunity contract with the Columbus Compact Corporation by increasing the contract amount; to authorize the expenditure of $198,053 from the General Government Grant Fund; and to declare an emergency. ($198,053)
Explanation

BACKGROUND:
This legislation authorizes the Director of the Department of Development to modify Contract DL002044, EZ Economic Opportunity, with the Columbus Compact Corporation. Per a Compact board-approved proposal, the modification will increase DL002044 EZ Economic Opportunity by $198,053. The revised contract amount will be $2,198,053. This modification is necessary to provide the Columbus Compact Corporation with funds to continue to administer on-going activities related to the Land Acquisition program as part of Round II Economic Opportunities Initiatives of the Empowerment Zone Strategic Plan.

This legislation is presented as an emergency to provide funding for additional Economic Opportunities programming and to avoid interruptions in the implementation of current programs.

FISCAL IMPACT:
Funds for these activities are from year three Empowerment Zone Implementation Funds. Companion legislation reduces the funding for the Empowerment Zone Neighborhood Life programs contract by $198,053. A partial cancellation of DL002045 EZ Neighborhood Life will provide sufficient funds for the increase to contract DL002044.



Title

To authorize the Director of Development to modify the Economic Opportunity contract with the Columbus Compact Corporation by increasing the contract amount; to authorize the expenditure of $198,053 from the General Government Grant Fund; and to declare an emergency. ($198,053)



Body

WHEREAS, the Director of the Department of Development desires to modify contract DL002044, EZ Economic Opportunity, with the Columbus Compact Corporation by increasing the contract amount; and

WHEREAS, this modification will enable the Columbus Compact Corporation to provide additional EZ Economic Opportunity Initiatives on behalf of the City; and

WHEREAS, this legislation is presented as an emergency to provide funding for additional Economic Opportunities programming and to avoid interruptions in the implemen...

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