Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to modify contract DL010798 with the Columbus Downtown Development Corporation (CDDC) by extending the contract termination date from June 30, 2006 to June 30, 2007. The CDDC requests an extension of their 2005 agreement to continue work toward the final implementation of the emerging RiverSouth Master Plan as well as to move forward with the Mayor's Strategic Business Plan for Downtown. Under this agreement the CDDC implements and oversees downtown development projects and programs as well as forges public-private partnerships with the goal of generating private investment for downtown.
Emergency action is requested so program activities can be continued without interruption.
FISCAL IMPACT: No additional funds are needed for this modification.
Title
To authorize the Director of the Department of Development to modify a contract with the Columbus Downtown Development Corporation to extend the termination date to June 30, 2007; and to declare an emergency.
Body
WHEREAS, the Director of the Department of Development desires to modify Contract DL010798 with the Columbus Downtown Development Corporation by extending the contract from June 30, 2006 to June 30, 2007; and
WHEREAS, this modification will allow the Columbus Downtown Development Corporation to continue to implement and oversee downtown development projects and programs as well as to forge public-private partnerships with the goal of generating private investment for downtown; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to approve this Ordinance so this contract can be extended without interruption, all for the immediate preservation of the public health, property, safety and welfare; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Dire...
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