Explanation
The City owns real property located at 1393 East Broad Street that houses the Near East Neighborhood Pride Center and several non-profit agency tenants. This ordinance authorizes the Director of the Department of Finance and Management to execute those documents necessary to enter into a new lease agreement with the Detroit Regional Office of the U. S. Census Bureau for a one year term including option(s) for an additional term(s) totaling one year in length for lease of office space. According to a study by the U.S. Conference of Mayors, for each person that is not counted in the Census, a city loses $2,263 in funding over the decade. Columbus must have an accurate, complete count to fight for fair funding and to show our growing success. In addition, the U.S. Census is hiring nearly 1,000 central Ohio residents in the coming year, a much needed stimulus in the current economy. It is in the City's best interest to assist the Bureau by providing leased office space within its 1393 East Broad Street building.
Emergency Action is requested to finalize this lease to allow the U.S. Census Bureau to immediately move into the office space upon execution of the lease agreement.
Fiscal impact: Passage of this ordinance will provide the City with rental income to be deposited into the "General Permanent Improvement Fund," Project #590701, Fund #748 to offset building maintenance expenses.
Title
To authorize the Director of the Department of Finance and Management to enter into a lease agreement with the Detroit Regional Office of the U. S. Census Bureau for that city-owned property commonly known as 1393 East Broad Street; and to declare an emergency.
Body
WHEREAS, the City of Columbus, Ohio owns certain real property commonly known as 1393 East Broad Street; and
WHEREAS, the City of Columbus desires to enter into a lease agreement with the Detroit Regional Office of the U. S. Census Bureau to lease office space in the real ...
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