Explanation
BACKGROUND:
This legislation authorizes the Mayor to enter into a Memorandum of Agreement on behalf of the City with the Franklin County Board of Commissioners and the Franklin County Historical Society ("COSI"). The agreement provides for an eleven (11) member COSI Board of Trustees that would be responsible for authorizing the expenditure of funds that are collected under a tax levy proposed by the Franklin County Board of County Commissioners. The proposed levy is to provide funds for the provision and maintenance a free museum of science to all residents of Franklin County. The agreement would become operative only if the proposed levy is submitted to, and approved by, Franklin County voters on March 2, 2004. Under the terms of the Memorandum of Agreement, the Mayor would appoint four (4) of the Trustees to the COSI Board of Trustees, the County Commissioners would appoint four (4) Trustees, and COSI would appoint three (3) Trustees.
FISCAL IMPACT: No funding is required by this legislation.
Title
To authorize the Mayor to enter into a Memorandum of Agreement on behalf of the City of Columbus with the Franklin County Board of County Commissioners and the Franklin County Historical Society for the appointment of the COSI Board of Trustees authorized to expend any funds provided by a proposed tax levy for the provision and maintenance of a free science museum; and to declare an emergency.
Body
WHEREAS, the Board of County Commissioners of Franklin County ("the Board of County Commissioners") desires to furnish financial assistance to the Franklin County Historical Society ("COSI") for the provision and maintenance of a free museum to the residents of Franklin County, Ohio, and desires to make an agreement with COSI in regard to use of such financial assistance for such purposes by COSI; and,
WHEREAS, the Board of County Commissioners has expressed its intention to submit a proposed tax levy for such purposes ...
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