City of Columbus - File #: 1601-2007

• File #: 1601-2007
• Version: 1
• Type: Ordinance
• Status: Defeated
• File created: 10/1/2007
• In control: Development Committee
• On agenda: 12/14/2009
• Title: To authorize the transfer of $70,000 within the Urban Site Acquisition Loan Fund; to authorize the appropriation of $70,000 within the Urban Site Acquisition Loan Fund to the Department of Development; to authorize the Director of the Development Department to enter into a loan agreement with the Columbus Urban Growth Corporation for improvements to the Linden Café restaurant; to authorize the expenditure of $70,000 from the Urban Site Acquisition Loan Fund; and to declare an emergency. ($70,000)

Date	Ver.	Action By	Action	Result
12/14/2009	1	Columbus City Council	Taken from the Table	Pass
12/14/2009	1	Columbus City Council	Approved	Fail
11/26/2007	1	Columbus City Council	Tabled Indefinitely	Pass
11/16/2007	1	CITY ATTORNEY	Reviewed and Approved
11/16/2007	1	Dev Drafter	Sent to Clerk's Office for Council
11/15/2007	1	Auditor Reviewer	Reviewed and Approved
11/15/2007	1	CITY AUDITOR	Reviewed and Approved
11/15/2007	1	Dev Drafter	Sent for Approval
11/13/2007	1	FINANCE DIRECTOR	Reviewed and Approved
11/13/2007	1	Dev Drafter	Sent for Approval
11/12/2007	1	Finance Reviewer	Reviewed and Approved
11/9/2007	1	Finance Reviewer	Reviewed and Approved
11/8/2007	1	Dev Drafter	Sent for Approval
10/1/2007	1	Dev Drafter	Sent for Approval
10/1/2007	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
10/1/2007	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND: The Columbus Urban Growth Corporation purchased and renovated the Crosstown Building located at the Four Corners Development Site, in Linden, in 2000. The building was renovated to accommodate a restaurant as well as office space for small professional businesses. Since that time the Linden Café has been operating as a full service restaurant, drawing patrons locally as well as regionally. After seven years of operation the restaurant is in need of several improvements including a new vent hood, additional ventilation improvements and general sprucing-up, totaling $70,000.

This legislation authorizes the Director of the Department of Development to appropriate and expend $70,000 from the Urban Site Acquisition Loan Fund and to enter into a loan agreement with Columbus Urban Growth Corporation for improvements to the Linden Café restaurant, totaling the $70,000.

Emergency action is requested to allow the restaurant improvements to begin in a timely manner.

FISCAL IMPACT: The $70,000 for the loan will come from the Urban Site Acquisition Loan Fund. This legislation authorizes the transfer, appropriation and expenditure of those funds.


Title

To authorize the transfer of $70,000 within the Urban Site Acquisition Loan Fund; to authorize the appropriation of $70,000 within the Urban Site Acquisition Loan Fund to the Department of Development; to authorize the Director of the Development Department to enter into a loan agreement with the Columbus Urban Growth Corporation for improvements to the Linden Café restaurant; to authorize the expenditure of $70,000 from the Urban Site Acquisition Loan Fund; and to declare an emergency. ($70,000)


Body

WHEREAS, the Columbus Urban Growth Corporation purchased and renovated the Crosstown Building located at the Four Corners Development Site, in Linden, in 2000; and

WHEREAS, the Crosstown Building was renovated to accommodate a restaurant as well as office space for small pr...