Explanation
Background: The Department of Finance and Management, through its Real Estate Management Office, leases office space located at 50 West Town Street on behalf of the Department of the Inspector General as authorized by Ordinance #1269-2022. The department has experienced growth and needs to expand the leased office space to accommodate additional staff. This legislation authorizes the Director of Finance and Management, on behalf of the Department of the Inspector General, to execute those documents necessary to enter into a First Amendment to Office Lease with Columbus Downtown Development Corporation (“CDDC”) dba Columbus Downtown, Inc., an Ohio non-profit corporation, for additional leased office space located at 50 West Town Street, Columbus, Ohio. The expansion will add 1,320 rentable square feet to the 6,188 square feet of existing leased office space for total of 7,508 square feet of leased space. Funds to pay for the cost of construction of tenant improvements and associated IT costs, and furnishings is estimated at $130,000.00 and is available in the General Permanent Improvement Fund 7748. Construction costs include reorienting office spaces, relocating lighting controls and doorways, installing new carpet, new paint and adding data and electrical outlets. Ordinance #0432-2024 authorized the expenditure of funds for payment of office rent from the Income Tax Set-Aside Fund for the 2024 lease term. This previously authorized appropriation and expenditure of funds will be sufficient to pay the additional $6,283.20 rent for the expanded lease space until funds are authorized for the payment of rent for 2025 term. This ordinance will also authorize the expenditure of $130,000.00, or so much as may be necessary, for cost associated with the tenant improvements necessary to make the additional leased space ready for occupancy.
Emergency action is requested so that the City of Columbus Department of the Inspector General may commence constructio...
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