Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to modify contract EL009017 with Buckeye IV Home Builders LTD (Buckeye IV) by changing the contract start date from January 1, 2009 to January 1, 2008. The change will allow Buckeye IV to be reimbursed for expenses incurred through its housing acquisition and rehabilitation work.
Buckeye IV currently facilitates the production of affordable housing and the enhancement of home ownership opportunities in Columbus. Buckeye IV acquires and rehabilitates vacant houses to increase the supply of decent, safe, sanitary and affordable housing as well as to enhance neighborhood revitalization activities.
An emergency is requested so that reimbursements can be made expeditiously.
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 Buckeye IV Home Builders LTD by changing the contract period; and to declare an emergency.
Body
WHEREAS, the Director of the Department of Development desires to modify contract EL009017 with Buckeye IV Home Builders LTD (Buckeye IV) by changing the contract start date from January 1, 2009 to January 1, 2008; and
WHEREAS, this modification will allow Buckeye IV to be reimbursed for expenses incurred through its housing acquisition and rehabilitation work, and
WHEREAS, Buckeye IV currently facilitates the production of affordable housing and the enhancement of home ownership opportunities in Columbus; and
WHEREAS, an emergency exists in the usual daily operation of the Housing Division in that it is immediately necessary to amend said contract with Buckeye IV so that reimbursements can be made expeditiously, 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 Director o...
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