Explanation
BACKGROUND: Pursuant to ordinance 1455-07, passed by Columbus City Council on September 24, 2007, the Department of Development applied for, and was awarded, a Clean Ohio grant of $102,000 from the Ohio Department of Development to perform a Phase 2 environmental assessment at the Kimball Midwest site at 580 West Goodale in Columbus. The Phase 2 environmental assessment was complete during the second quarter of 2009.
The purpose of this legislation is to authorize the Director of the Department of Development to apply for Clean Ohio grant funding, of up to $750,000.00, to the Ohio Department of Development, to receive and administer the grant and to authorize the developer, JDS Goodale, LLC, to apply the grant funding toward the environmental clean up work at the project site to prepare for redevelopment.
JDS Goodale, LLC acquired the 4.2 acre site in March 2006 with the intention of razing the minor buildings on the site, redeveloping the three (3) story concrete structure and incorporating it into the project plans. With the tracts located within the Downtown District, and its proximity to the downtown area, the site lends itself to urban downtown living. The site is situated along the Olentangy River and has an unobstructed view of the downtown skyline.
Current development plans are to construct a mixed use residential and commercial complex. The total estimated development cost will be approximately $15-20 million.
This legislation is submitted as an emergency to commence the Clean Ohio grant process immediately.
FISCAL IMPACT: No funding is required for this legislation. There is no cost to the City of Columbus to apply for the grant.
Title
To authorize and direct the Director of the Department of Development to enter into an agreement of understanding with JDS Goodale, LLC and to apply to the Ohio Department of Development for Clean Ohio grant funding of up to $750,000 for the envir...
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