Explanation
BACKGROUND: This legislation authorizes the Director of Development to enter into a capital improvement grant agreement with the Ohio History Society, Inc., a non-profit organization, doing business as (DBA) Ohio History Connection, in an amount up to $1,266,571.25, to complete construction on exterior and interior preservation and renovation, as well as, site work and landscaping for Poindexter Village.
Columbus City Council, per Ordinance Number 2761-2017, on October 30, 2017, authorized the Director of Development to enter into a contract, in an amount of $1,100,000.00, with the Ohio History Connection, for the acquisition, stabilization and rehabilitation of the two Poindexter Village site buildings. The purpose of the acquisition, stabilization and rehabilitation was to create exhibits and programming at the site that promote the history and story of the residents. Subsequently, Columbus City Council, per Ordinance Number 2612-2022, on October 10, 2022, authorized the Director of Development to enter into a grant agreement in an amount up to $1,400,000,00 with the Ohio Historical Society, dba, Ohio History Connection for Phase 2 of the Poindexter Village Project. The agreement ended on December 31, 2024. Columbus City Council, per ordinance number 3402-2024, on December 16, 2024, amended the agreement to extend the agreement end date to December 31, 2025 instead of December 31, 2024. The amended agreement was not executed prior to December 31, 2024.
This capital improvement grant agreement will allow the Ohio History Society, Inc. to complete construction on exterior and interior preservation and renovation, as well as, site work and landscaping for Poindexter Village. This agreement will also allow for the reimbursement of expenses incurred prior to the execution of the purchase order, starting January 1, 2025, and authorize the advancement of funds on a predetermined schedule.
FISCAL IMPACT: Funding is available in the 2024 C...
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