Explanation
Background: In February of 2014 Council approved legislation to contract $4.1 million to demolish residential structures under the Vacant and Abandoned Properties Initiative. This legislation authorizes the Director of the Department of Development to modify and extend contracts established under the legislation; to enter into an agreement with the Central Ohio Community Improvement Corporation to receive additional funds from the Moving Ohio Forward, Phase 2 Program (MOF 2); appropriate and expend $291,462 the City will receive under Phase 2; authorize the expenditure of $1,245,501 from the 2013 Housing Preservation Fund and the General Government Grant Fund. The modifications are necessary to meet a new deadline established by the second phase of the program, to prepare for a possible extension of the first phase of the program and to authorize the expenditure of previously authorized funds.
Fiscal Impact: Funds are available in the General Government Grant Fund, Moving Ohio Forward Grant and the Development Taxable Bond Fund.
Emergency Justification: Emergency action is requested in order to complete the work within the grant deadline.
Title
To authorize the Director of Development to enter into an agreement with the Central Ohio Community Improvement Corporation to receive additional funds under the Moving Ohio Forward Grant Program; to authorize the Director of the Department of Development, or designee, to modify and extend contracts with various contractors to perform asbestos testing, asbestos remediation, demolition, and deconstruction services on blighted structures; to amend the 2014 Capital Improvement Budget; to authorize the appropriation of $291,462.00 from the General Government Grant Fund; to authorize the transfer of $70,000.00 within the General Government Grant Fund; to authorize the expenditure of $627,624.00 from the General Government Grant Fund; to authorize the transfer $550,000.00 within the Development Taxable Bond...
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