Explanation
BACKGROUND
This legislation authorizes the Director of the Department of Development to enter into a Grant Agreement with the Columbus Association for the Performing Arts (CAPA) in an amount of up to $700,000.00, to advance the planning, design and construction of The Chapel that will allow them to continue cultivating and nurturing the performing arts in Columbus.
CAPA is a non-profit arts and theater management organization that also provides shared services to many local arts organizations. As part of The Chapel project, CAPA is investing $14 million to renovate the Presbyterian Church located at 132 South Third Street into a new concert hall with education space and artist housing.
Grant funding will be advanced to CAPA and used to pay for costs related to planning, designing and constructing the new concert hall space.
Approval is also requested for reimbursement of expenses incurred prior to execution of the purchase order, starting April 1, 2023.
FISCAL IMPACTS
Funding in the amount of $700,000.00 is available through the Development Taxable Bond Fund, Fund 7739.
CONTRACT COMPLIANCE: The vendor’s contract number is 004286 and expires on 12/15/2025.
Title
To authorize the Director of the Department of Development to enter into a Grant Agreement with the Columbus Association for the Performing Arts (CAPA) in an amount of up to $700,000.00, to advance the planning, design and construction of The Chapel to continue cultivating and nurturing the performing arts in Columbus and to authorize the expenditure of up to $700,000.00 from the Development Taxable Bond Fund; and to allow for expenditures prior to the Purchase Order. ($700,000.00)
Body
WHEREAS, Columbus Association for the Performing Arts (CAPA) is a non-profit arts and theater management organization; and
WHEREAS, CAPA is undertaking a $14 million renovation of the Presbyterian Church located at 132 South Third Street for a new concert hall that will include ...
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