City of Columbus - File #: 0268-2011

• File #: 0268-2011
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 2/9/2011
• In control: Minority and Business Development Committee
• On agenda: 2/28/2011
• Final action: 3/2/2011
• Title: To authorize the Director of the Department of the Department of Development to enter into an agreement with the Reauthorized Capital Crossroads Special Improvement District of Columbus Inc. to provide cooperative share funding for services within the SID boundaries per the Plan for Services; to authorize the expenditure of $190,000.00 from the General Fund; and to declare an emergency. ($190,000.00)

Date	Ver.	Action By	Action	Result
3/2/2011	1	MAYOR	Signed
3/2/2011	1	CITY CLERK	Attest
2/28/2011	1	Columbus City Council	Approved	Pass
2/28/2011	1	COUNCIL PRESIDENT	Signed
2/17/2011	1	CITY ATTORNEY	Reviewed and Approved
2/17/2011	1	Dev Drafter	Sent to Clerk's Office for Council
2/16/2011	1	CITY AUDITOR	Reviewed and Approved
2/16/2011	1	Dev Drafter	Sent for Approval
2/15/2011	1	Finance Reviewer	Reviewed and Approved
2/15/2011	1	FINANCE DIRECTOR	Reviewed and Approved
2/15/2011	1	Dev Drafter	Sent for Approval
2/15/2011	1	Auditor Reviewer	Reviewed and Approved
2/14/2011	1	Finance Reviewer	Reviewed and Approved
2/14/2011	1	Finance Reviewer	Reviewed and Approved
2/9/2011	1	Dev Drafter	Sent for Approval
2/9/2011	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
2/9/2011	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND: The Reauthorized Capital Crossroads Special Improvement District of Columbus, Inc. (SID), a non-profit organization, was created in August of 2006 to go into effect in January 2007. As part of the Plan for Services for the SID, the Development Department committed to providing a cooperative share of $100,000 per year for the five years of the SID. 2011 is the fifth year of the SID and the City of Columbus committed to providing an additional $90,000 for a business recruitment specialist to attract new retail businesses to downtown Columbus.

The City cooperative share will be combined with the property owners share to provide services within the SID boundaries. These services include environmental maintenance, supplemental security, promotions and marketing, member services and business recruitment.

This legislation authorizes the Director of the Development Department to enter into an agreement with the Reauthorized Capital Crossroads SID to provide funding for services within the SID boundaries.

Emergency action is requested so that the agreement with the Reauthorized Capital Crossroads SID can be executed immediately in order to continue without interruption the services provided by the SID.

FISCAL IMPACT: The funding for this agreement has been allocated from the 2011 General Fund budget.


Title

To authorize the Director of the Department of the Department of Development to enter into an agreement with the Reauthorized Capital Crossroads Special Improvement District of Columbus Inc. to provide cooperative share funding for services within the SID boundaries per the Plan for Services; to authorize the expenditure of $190,000.00 from the General Fund; and to declare an emergency. ($190,000.00)


Body

WHEREAS, the Reauthorized Capital Crossroads SID was formed in August 2006, and took effect in January 2007, for a period of five years; and

WHEREAS, as part of the Plan for Services for the Reauthorized Capi...