Explanation
BACKGROUND: This legislation authorizes the appropriation and expenditure of up to $31,762.20 and authorizes the Director of Development to modify two contracts with the Community Development Collaborative of Greater Columbus (Collaborative) that were authorized under ordinance 3443-2018. One modification is to add additional funds and change the contract start date to January 1, 2019, and the other modification is to just change the contract start date to January 1, 2019.
As an entitlement jurisdiction receiving federal funds under the HOME Investment Partnerships Program (HOME) of the U.S. Department of Housing and Urban Development (HUD), the city is required to allocate a certain amount of HOME funds to Community Housing Development Organizations (CHDO) for operating support. The Collaborative is the partner organization that assists the department in managing this effort. The amount of operating support for the CHDOs in 2019 is $201,762.20. Ordinance 3443-2018 appropriated $170,000 and this ordinance appropriates the remaining amount of $31,762.20
Starting with the 2019 grant, the department sought approval to appropriate and expend a portion of the grant before the grant agreement is executed (this was done via Ordinance 3443-2018) and then execute a planned, contract modification for the remaining amount after the grant amount is known (usually mid-year) (this ordinance). This change is a result of changing accounting procedures for HUD grants. The actual grant agreement between HUD and the city is expected later in 2019.
Ordinance 3443-2018 appropriated a total of $215,000. The department executed two contracts with the Collaborative under that ordinance: one contract for $45,000 and one contract for $170,000. The contract for $170,000 is the one that will be modified by this ordinance.
Original contract amount $170,000.00 Ord. 3443-2018
Modification number 1 amount $ 31,762.20
Total contract amount $201,762.20
This legislat...
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