City of Columbus - File #: 2212-2006

• File #: 2212-2006
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 11/27/2006
• In control: Jobs and Economic Development Committee
• On agenda: 12/11/2006
• Final action: 12/13/2006
• Title: To authorize and direct the City Auditor to make payments totaling $163,223 in accordance with the Downtown Office Incentive Program agreements; to authorize the expenditure of $163,223 from the General Fund; and to declare an emergency. ($163,223.00)

Date	Ver.	Action By	Action	Result
12/13/2006	2	MAYOR	Signed
12/13/2006	2	CITY CLERK	Attest
12/11/2006	1	Columbus City Council	Amended as submitted to the Clerk	Pass
12/11/2006	2	Columbus City Council	Approved as Amended	Pass
12/11/2006	2	COUNCIL PRESIDENT	Signed
11/28/2006	1	CITY AUDITOR	Reviewed and Approved
11/28/2006	1	Dev Drafter	Sent for Approval
11/28/2006	1	CITY ATTORNEY	Reviewed and Approved
11/28/2006	1	Dev Drafter	Sent to Clerk's Office for Council
11/27/2006	1	Dev Drafter	Sent for Approval
11/27/2006	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
11/27/2006	1	Dev Drafter	Sent for Approval
11/27/2006	1	Finance Reviewer	Reviewed and Approved
11/27/2006	1	Finance Reviewer	Reviewed and Approved
11/27/2006	1	FINANCE DIRECTOR	Reviewed and Approved
11/27/2006	1	Dev Drafter	Sent for Approval
11/27/2006	1	Auditor Reviewer	Reviewed and Approved

Explanation

BACKGROUND:
Resolution No. 075X-2004, adopted March 29, 2004, supported the creation of the Columbus Downtown Office Incentive Program as one of the development tools needed to implement the Downtown Business Plan. This legislation authorizes the payments to employers who have met the requirements of their Downtown Office Incentive Program agreement.


FISCAL IMPACT:
The 2006 General Fund Budget includes funding for these incentive payments.


Title

To authorize and direct the City Auditor to make payments totaling $163,223 in accordance with the Downtown Office Incentive Program agreements; to authorize the expenditure of $163,223 from the General Fund; and to declare an emergency. ($163,223.00)



Body

WHEREAS, Resolution No. 075X-2004, adopted March 29, 2004, supported the creation of the Downtown Office Incentive Program as one of the development tools needed to implement the Downtown Business Plan: and

WHEREAS, it is necessary to authorize payments to employers who have met the requirements under their Downtown Office Incentive Program agreement; and

WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to make payments in accordance with the Downtown Office Incentive Program agreements, all for the preservation of the public health, peace, property and safety; now, therefore,

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:


Section 1. That the City Auditor is hereby authorized and directed to make payments in accordance with the Downtown Office Incentive Program agreements.

Section 2. That the expenditure of $163,223, or so much as may be necessary, be and is hereby authorized from the Development Department, Department 44-01, General Fund, Fund 010, OCA 440313, OCA 440010, DOI Payments From Non-Tax Revenues, Object Level Three 5513.

Section 3. That for the reasons stated in the preamble hereto, which is hereby made...