City of Columbus - File #: 0918-2010

• File #: 0918-2010
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 6/11/2010
• In control: Finance & Economic Development Committee
• On agenda: 6/28/2010
• Final action: 7/1/2010
• Title: To authorize and direct the Director of the Department of Development to enter into an agreement with the Ohio Department of Development to receive and administer a Clean Ohio Revitalization Fund grant of up to $3 million for the environmental clean up and redevelopment of the Kimball-Midwest site; to authorize the appropriation of $3 million from the General Government Grant Fund; to authorize the Director of the Columbus Department of Development to enter into an agreement with The Wagenbrenner Development Company to apply said grant funding for environmental clean up and redevelopment of the Kimball Midwest site; to authorize the expenditure of $3 million from the General Government Grant Fund; and to declare an emergency. ($3,000,000)

Date	Ver.	Action By	Action	Result
7/1/2010	1	CITY CLERK	Attest
6/30/2010	1	MAYOR	Signed
6/28/2010	1	Columbus City Council	Approved	Pass
6/28/2010	1	COUNCIL PRESIDENT	Signed
6/18/2010	1	Dev Drafter	Sent to Clerk's Office for Council
6/17/2010	1	Finance Reviewer	Reviewed and Approved
6/17/2010	1	Finance Reviewer	Reviewed and Approved
6/17/2010	1	FINANCE DIRECTOR	Reviewed and Approved
6/17/2010	1	Dev Drafter	Sent for Approval
6/17/2010	1	CITY AUDITOR	Reviewed and Approved
6/17/2010	1	CITY AUDITOR	Reviewed and Approved
6/17/2010	1	Dev Drafter	Sent for Approval
6/17/2010	1	CITY ATTORNEY	Reviewed and Approved
6/16/2010	1	Dev Drafter	Sent for Approval
6/16/2010	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
6/16/2010	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND: The purpose of this legislation is to authorize the Director of the Department of Development to enter into an agreement with the Ohio Department of Development to receive and administer a Clean Ohio Revitalization Fund grant of up to $3 million to clean and redevelop the former Kimball Midwest site at 580-582 West Goodale Blvd. and to authorize entering into an agreement with the Wagenbrenner Development Company, to apply the grant funding toward the environmental clean up work at the project site to prepare for redevelopment.

Pursuant to Ordinance 0031-2010, passed by Columbus City Council on January 11, 2010, the Columbus Department of Development applied for, and was awarded, a Clean Ohio grant of $3 million from the Ohio Department of Development to remediate the Kimball Midwest site in partnership with the Wagenbrenner Development Company.

The Wagenbrenner Development Company is committed to invest approximately $9 million to construct 90-120 market rate apartment units utilizing LEED standards for the renovation of various existing structures and for new construction. Wagenbrenner also proposes to grant an easement to the City, along Goodale Blvd., for the extension of the Olentangy bike path and proposed pedestrian bridge over the Olentangy River.

This legislation is submitted as an emergency to commence work under the grant contingent on Ohio Controlling Board Approval scheduled for July 19, 2010.

FISCAL IMPACT: Funding for this legislation is provided by a Clean Ohio Revitalization Fund grant from the Ohio Department of Development in the amount of $3,000,000.


Title

To authorize and direct the Director of the Department of Development to enter into an agreement with the Ohio Department of Development to receive and administer a Clean Ohio Revitalization Fund grant of up to $3 million for the environmental clean up and redevelopment of the Kimball-Midwest site; to authorize the appropriation of $3 million...