Explanation
BACKGROUND: Pursuant to ordinance No. 1072-04, passed by Columbus City Council on June 23, 2004, the Columbus Department of Development applied for, and was awarded, a Clean Ohio assistance fund grant of $750,000.00 from the Ohio Department of Development to perform environmental cleanup at the Broad and High Project in Downtown Columbus. The State Controlling Board approved the grant application at its March 14, 2005, meeting.
The purpose of this legislation is to authorize an agreement between the Columbus Department of Development and the Ohio Department of Development to receive and administer the grant and to authorize an agreement between the Columbus Department of Development and the developers of Broad and High; Broad and High CRILP, in partnership with Casto Communities to apply the grant funding toward the environmental cleanup at the project site.
The Broad and High project will redevelop this historic corner of Downtown Columbus into 8,500 square feet of new retail space, 40,000 square feet of new office space and will include a 16-story high-rise tower with residential space. Clean up will involve demolition and asbestos removal. This legislation and the associated assistance grant does not subject the City to liability for any site contamination which may exist at or near the Broad and High site.
This legislation is submitted as an emergency to commence the Clean Ohio assistance grant process immediately.
FISCAL IMPACT: There are no costs to the City of Columbus associated with the Clean Ohio assistance grant funding. The City of Columbus will receive up to $750,000.00 for environmental cleanup at the Broad and High site.
Title
To authorize and direct the Director of the Columbus Department of Development to enter into an agreement with the Ohio Department of Development to receive and administer Clean Ohio assistant grant funds in an amount of $750,000.00; to authorize the a...
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