Explanation
BACKGROUND: This ordinance appropriates monies within the Community Development Block Grant Fund (CDBG) to the Department of Development for the Columbus Urban Growth Corporation for the twelve months ending December 31, 2006. The appropriation of these funds is in accordance with the City of Columbus Consolidated Plan 2006 Action Plan, (Ord. 2037-2005).
FISCAL IMPACT: This legislation is one of two which together total $12,267,525 for the 2006 CDBG programs. These amounts are supported by 2006 estimates of HUD entitlement awards, housing and economic development loan repayments, reprogramming of prior year projects, and other miscellaneous revenues.
This legislation is presented as an emergency for the effective implementation of 2006 CDBG programs.
Title
To authorize an appropriation of $213,750 in the Community Development Block Grant Fund, to provide funding for the Columbus Urban Growth Corporation, and to declare an emergency ($213,750).
Body
WHEREAS, an emergency exists in the usual daily operation of the Department of Finance and Management, in that it is immediately necessary to appropriate the aforementioned funds, thereby preserving the public health, peace, property, safety and welfare; Now, Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That from the unappropriated monies in the fund known as the Community Development Block Grant Fund, Fund No. 248, Subfund 001, and from all monies estimated to come into said fund from any and all sources during the 12 months ending December 31, 2006, there be and hereby is appropriated the following:
Program Dept OCA Object Level One Amount
Columbus Urban
Growth Corp. 44-02 496023 03 $213,750
SECTION 2. That the monies appropriated in the foregoing Section 1 shall be paid upon the order of the respective department directors or elected officials for which the appropriations are made, except that small claims in amou...
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