Explanation
Background: The City has determined that it is in its best interest to enter into an agreement with the Franklin County Historical Society (dba COSI) for the purposes of operational subsidy.
Principal Parties:
Franklin County Historical Society (dba COSI)
333 W. Broad Street, Columbus, OH, 43215
Contract Compliance Number, Tax ID: 006091, 31-4383802
April 16, 2022
Non-profit Organization
Fiscal Impact: $300,000.00 is available from and within the Recreation and Parks Operating Fund to meet the financial obligation of this agreement.
Emergency Justification: Emergency action is requested in order to ensure funding is established prior to end of 2020.
Title
To authorize the Director of Recreation and Parks to enter into an agreement with the Franklin County Historical Society (dba COSI) for the purpose of providing a subsidy payment to COSI; to authorize the expenditure of $300,000.00 from within the Recreation and Parks Operating Fund; and to declare an emergency. ($300,000.00).
Body
WHEREAS, it is necessary to authorize the Director of Recreation and Parks to enter into an agreement with the Franklin County Historical Society (dba COSI) for the purposes of providing a subsidy payment to COSI; and
WHEREAS, it is necessary to authorize the expenditure of $300,000.00 from within the Recreation and Parks Operating Fund 2285; and
WHEREAS, this contract is established pursuant to the provisions of Chapter 329 that relate to not-for-profit service contracts; and
WHEREAS, an emergency exists in the usual daily business of the Department of Recreation and Parks in that it is immediately necessary to authorize the Director to enter into an agreement with Franklin County Historical Society (dba COSI) in order to have funding established in 2020, thereby preserving the public peace, property, health, and safety; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the D...
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