Explanation
BACKGROUND: The Hamilton Road Corridor / Eastland Area Revitalization Plan is intended to address the land use, economic development, urban design, and service needs of this important older commercial corridor of the city with the goal of optimizing current private and public sector investments, and facilitating additional reinvestment. The planning area contains about 3.5 square miles and extends along Hamilton Road from I-70 south to Alum Creek (below Refugee Road). The plan will be used by the Administration and City Council in policy-making about future land use, zoning, capital improvements, and economic incentives.
This legislation authorizes the Director of Development to enter into contract with the consulting firm of Basile Baumann Prost for undertaking the study and for the expenditure of $100,000. Columbus City Council funded the $2 million Job Growth Initiatives Fund in the 2006 budget. The expenditure for Hamilton Road Corridor / Eastland Area Revitalization Plan, which is a part of the Job Growth Initiative Fund, will be the catalyst for future job growth and redevelopment for the entire city. A total of $50,000 is hereby allocated from the Job Growth Initiatives Fund. A total of $50,000 is hereby allocated from the General Fund.
Emergency action is requested to initiate work on the study as soon as possible.
FISCAL IMPACT: $50,000 of this contract is appropriated from the Job Growth Initiatives Fund and $50,000 is allocated within the General Fund.
Title
To authorize the appropriation of $50,000 to the Development Department within the Jobs Growth Initiatives Fund; to authorize the Director of the Department of Development to enter into a contract with the consulting firm of Basile Baumann Prost to undertake the study Hamilton Road Corridor / Eastland Area Revitalization Plan; to authorize the expenditure of $50,000 from the General Fund; to authorize the expenditure of $50,000 from the Jobs Growth Initiative F...
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