Explanation
BACKGROUND:
To authorize the Director of the Columbus Recreation and Parks Department to enter into a grant agreement with Columbus Downtown Development Corporation (CDDC) for the administration of the Columbus Commons Park Project in the amount of $1,000,000.00.
This is the last of two $1,000,000.00 agreements. Total Recreation and Parks commitment to this project is $2,000,000.00.The services provided by CDDC under the terms of the grant agreement for the Columbus Commons Park project will include planning, engineering, design, construction, and related services to continue developing the Columbus Commons downtown park.
Principal Parties:
Columbus Downtown Development Corporation
150 S Front Street, Suite 210
Columbus, Ohio, 43215
# 76-0704655
Emergency Justification:
Emergency action is necessary to allow CDDC to administer the development of the Columbus Commons band shell and maintain the construction schedule for this project.
Fiscal Impact:
The expenditure of $1,000,000.00 is budgeted in the Recreation and Parks Voted Recreation and Parks Bond Fund.
Title
To authorize the Director of Recreation and Parks to enter into a grant agreement with Columbus Downtown Development Corporation (CDDC) for administration of the Columbus Commons Park project; to authorize the expenditure of $1,000,000.00 from the Recreation and Parks Voted Bond Fund; and to declare an emergency. ($1,000,000.00)
Body
WHEREAS, it is necessary to authorize the Director of Recreation and Parks to enter into a grant agreement with CDDC for the final grant payment for the administration of the Columbus Commons Park Project; and
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to authorize the Director to enter into a grant agreement with Columbus Downtown Development Corporation so funding can be made immediately available for the Columbus Commons Park Project in order to pre...
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