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File #: 1232-2007    Version: 1
Type: Ordinance Status: Passed
File created: 7/12/2007 In control: Finance & Economic Development Committee
On agenda: 7/23/2007 Final action: 7/25/2007
Title: To authorize and direct the City Auditor to transfer $50,000.00 within the General Fund of the Department of Finance and Management, to authorize the Director of Finance and Management to enter into contract with Capital South Community Urban Redevelopment Corporation to plan, manage and execute a study for the Downtown Columbus Neighborhood Circulator (Streetcar) project, to authorize the expenditure of $50,000.00 from the General Fund, and to declare an emergency. ($50,000.00)
Explanation

BACKGROUND:
This legislation will authorize the Director of the Department of Finance and Management to enter into a contract with Capital South Community Urban Redevelopment Corporation, a not for profit organization, to plan, manage and execute a study for the Downtown Columbus Neighborhood Circulator (Streetcar) project. The study will also identify, articulate and recommend practical strategies for the Downtown Columbus Neighborhood Circulator (Streetcar) project to make downtown Columbus more competitive through improvements in the availability, value and convenience of downtown public transportation. The maximum anticipated cost for this analysis is $50,000.00.

The proposed Downtown Columbus Neighborhoods Circulator is a modern streetcar system that will serve as an important alternative mode of transportation for downtown employees, visitors to the City, conventioneers, and residents of city neighborhoods seeking to travel among destination centers along the major routes of the Circulator. It will help the City meet its objective of revitalizing downtown Columbus by increasing economic investment and providing a solution to the parking and mobility problems currently impeding downtown's resurgence. The transportation project will also connect near-downtown neighborhoods such as Italian Village, the Short North, the Brewery District, German Village, the Arena District, Victorian Village and The Ohio State University campus area with downtown.

FISCAL IMPACT
Funds for this contract are budgeted and available within the General Fund, Department of Finance and Management Citywide Account.

EMERGENCY
There is an immediate need to establish a contract with Capital South Community Urban Redevelopment Corporation to plan, manage and execute a study for the Downtown Columbus Neighborhood Circulator (Streetcar) project.

CONTRACT COMPLIANCE NUMBER: 31-0868417

Title

To authorize and direct the City Auditor to transfer $50,000.00...

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