Explanation
BACKGROUND: This legislation authorizes an amendment to Ordinance No. 1156-2025, passed by Columbus City Council on May 12, 2025, to allow for a correction of the name listed within the ordinance.
Ordinance No. 1156-2025, passed by Columbus City Council on May 12, 2025, authorized the Director of the Department of Development to execute separate commitment letters, loan agreements, promissory notes, mortgages, and restrictive covenants with Nelson Park Preservation Association LLC for the Nelson Park Apartments project based on their funding sources. It was recently discovered that the name listed in the ordinance was incorrect as a clerical error occurred in stating “Nelson Park Preservation Association LLC”. The legal name, as registered with the Ohio Secretary of State, is “Nelson Park Preservation Associates LLC”. Therefore, an amendment to the original ordinance to correct the name is needed and all other aspects of the ordinance remain the same.
Emergency action is requested in order to correct this error to ensure that progress with the project and closing of all related documents can be accurately recorded.
FISCAL IMPACT: No funding is required for this legislation.
Title
To amend Ordinance No. 1156-2025, passed by Columbus City Council on May 12, 2025, to allow for a correction of the name listed within the ordinance from “Nelson Park Preservation Association LLC” to “Nelson Park Preservation Associates LLC”; and to declare an emergency. ($0.00)
Body
WHEREAS, Ordinance No. 1156-2025, passed by Columbus City Council on May 12, 2025, authorized the Director of the Department of Development to execute separate commitment letters, loan agreements, promissory notes, mortgages, and restrictive covenants with Nelson Park Preservation Association LLC for the Nelson Park Apartments project based on their funding sources; and
WHEREAS, it was recently discovered that a clerical error occurred in stating “Association” within the na...
Click here for full text