Explanation
BACKGROUND:
This legislation amends ordinance 1192-2007 approved by City Council on July 23, 2007. That ordinance authorized the Directors of the Department of Development and Public Service Department to enter into a development agreement with Whitney Young Collaborative LLC, for street and infrastructure improvements in the public right of way. The original legislation allowed from July 1, 2007 to December 31, 2008 for the project to be underway and have eligible costs reimbursed. The Department of Development, Housing Division is requesting an amendment to extend the expiration date of the agreement from December 31, 2008 to December 31, 2011.
A change in the date is necessary due to delays in financing and obtaining approved drawings for the project.
Emergency action is requested as the project is ready to begin construction.
FISCAL IMPACT:
None
Title
To amend ordinance 1192-2007, which provides $364,000 for infrastructure construction reimbursement from the Voted 2001 and 2004 Streets and Highways Fund and authorizes the Directors of the Departments of Development and Public Service to enter into a development agreement with Whitney Young Collaborative LLC, to extend the expiration date of the agreement from December 31, 2008 to December 31, 2011; and to declare an emergency.
Body
WHEREAS, ordinance 1192-2007 authorizes the Directors of the Departments of Development and Public Service to enter into a development agreement with the Whitney Young Collaborative, LLC for street and infrastructure improvements in the public right of way as part of the Columbus Housing Initiatives Project, Capital Improvement Program for an amount up to $364,000; and
WHEREAS, ordinance 1192-2007 as passed on July 23, 2007, requires that the period for the agreement and eligible expenditures be between July 1, 2007 and December 31, 2008; and
WHEREAS, the time period specified in ordinance 1192-2007 has since passed but the...
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