Explanation
Background:
This ordinance will authorize the Director of Recreation and Parks and the Director of Development to enter into a Second Amended and Restated Agreement with the Franklin County Commissioners to extend the existence of the Franklin Park Conservatory Joint Recreation District (“District”) until December 31, 2076 thereby allowing the District to take advantage of certain historical tax credits in connection with its completion of the Conservatory Visitor Center Project.
The City and the County entered into that certain Amended and Restated Agreement, dated as of April 24, 2007 that extended the term of the District until July 31, 2057, and increased the number of members of the Board by four (4), from seventeen (17) to twenty-one (21).
The City and the County now desire to amend the Amended and Restated Agreement in its entirety in order to provide for and facilitate, as applicable the further extension of the period of existence of the District as provided herein until December 31, 2076; and to increase the number of members of the Board by four (4), from twenty-one (21) to twenty-five (25).
This ordinance will authorize an amendment to that certain Lease Agreement, dated December 2, 2013, pursuant to which the City leased to the District an additional 11.751 acres known as the “Community Gardens per Ordinance #2271-2013. The amendment will extend the lease term until December 31, 2076.
1.1 The amount of additional funds to be expended: There are no additional funds being requested for this lease amendment.
1.2 Reasons additional goods/services could not be foreseen: There are no additional goods or services requested in this lease amendment.
1.3 Reason other procurement processes are not used: There were no procurement processes used or required for this lease amendment.
1.4 How cost of modification was determined: There is no cost associated with this lease amendment.
This ordinance will authorize an amendment to the Franklin Park Easemen...
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