Explanation
BACKGROUND: This legislation authorizes the expenditure of up to $29,500 for a Brownfield grant award pursuant to the Green Columbus Fund established by Ordinance 1462-2010, which was later amended and replaced by Ordinance 1931-2012.
The Green Columbus Fund represents the City's commitment to foster sustainable building through LEED certification and to foster sustainable Brownfield assessment and redevelopment. The program will produce economic, environmental and social benefits for Columbus and its residents.
This legislation authorizes the Director of Development to enter into a grant agreement with Burwell Investments, LLC for Brownfield assessment and redevelopment of the site at 114 East 5th Avenue, subject to the project attaining Brownfield assessment and redevelopment goals of the program and meeting the terms and conditions of the agreement. It authorizes the expenditure of up to $29,500 in order to perform a Phase I and Phase II Environmental Site Assessment work. These environmental assessment studies will be done to meet BUSTR and other Ohio requirements in anticipation of applying for State of Ohio funding under the new Abandoned Gas Station Cleanup Grant Program. The property will be re-developed with a mixed use of retail stores, residential apartments, and residential condominiums.
Emergency action is requested so that the Brownfield assessment work can be completed in a timely manner.
FISCAL IMPACT: Cash is available in the 2015 Capital Improvements Budget in the Green Columbus Fund portion of Fund 7735, identified as the Green Columbus Initiatives Fund.
Title
To authorize the Director of the Department of Development to enter into a Brownfield grant agreement with Burwell Investments, LLC to perform a Phase I Environmental Site Assessment (ESA) and Phase II environmental assessment work pursuant to the Green Columbus Fund Program; to authorize the expenditure of up to $29,500.00 from the Northland and Other Acquisition...
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