Explanation
BACKGROUND: This legislation seeks to authorize the Director of the Department of Development to enter into a grant agreement with Columbus Downtown Development Corporation (CDDC) in an amount up to $2,000,000.00 for the purposes of continuing the work previously performed by the downtown Special Improvement Districts (SIDs) who provided additional safety and cleanliness activities and other services which benefit downtown workers, residents and businesses. CDDC will perform these services on behalf of property owners now and throughout calendar year 2026. Expenses incurred prior to the creation of a purchase order, starting September 1, 2025, will also be authorized. Funding will be advanced to the agency on a predetermined schedule.
Further, this legislation seeks to declare an emergency to ensure that there are no delays in the continuation of services to downtown workers, residents, and businesses.
FISCAL IMPACT: The funding of $500,000.00 is available within the General Fund and $1,500,000.00 is available in the Housing Business Tax Incentive fund.
CONTRACT COMPLIANCE: Columbus Downtown Development Corporation’s vendor number is 010217 and expires on 07/08/2026.
Title
To authorize the Director of Development to enter into a grant agreement with Columbus Downtown Development Corporation in an amount up to $2,000,000.00; to authorize the expenditure of $500,000.00 from the General Fund; to authorize the appropriation and expenditure of up to $1,500,000.00 from the Housing Business Tax Incentive fund; to allow for the reimbursement of expenses incurred prior to the creation of the purchase order but in no event earlier than September 1, 2025; to allow for advancement of grant funds on a predetermined schedule; and to declare an emergency. ($2,000,000.00)
Body
WHEREAS, the Director of the Department of Development seeks to continue the work previously performed by the downtown Special Improvement Districts (SIDs) who performed serv...
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