Explanation
In November 2008, Ordinance #1774-2008 was passed by Columbus City Council authorizing the Director of Finance & Management to enter into a one (1) year lease and continuing automatically for successive one (1) year terms by and between the City of Columbus and the County Commissioners of Franklin County for the property located at 375 South High Street, Columbus, Ohio, 43215 (known as the Franklin County Municipal Court Building). The annual rent for the lease is the sum of the County's actual operating costs to provide janitorial service to the space occupied or used by the City and the pro-rated cost of the building casualty insurance excluding any coverage for contents. The costs for the 2010 lease year have now been finalized.
This legislation authorizes the Director of Finance and Management to expend funds for the payment of annual rent for the one (1) year term beginning April 1, 2010 and ending March 31, 2011 for the lease agreement with the County Commissioners of Franklin County for the property located at 375 South High Street.
Fiscal Impact: This ordinance authorizes the expenditure of $349,299.00 appropriated pursuant to the 2010 General Fund Appropriation Ordinance.
Emergency Justification: Emergency action is requested to allow services to the building to continue without interruption. Earlier action was not possible until 2009 costs were finalized to allow 2010 costs to be fully calculated.
Title
To authorize the Director of Finance and Management to make payment to Franklin County for the rent of office space located at 375 South High Street, known as the Franklin County Municipal Court Building, for the period beginning April 1, 2010 and ending March 31, 2011; to authorize the expenditure of $349,299.00 from the General Fund; and to declare an emergency. ($349,299.00)
Body
WHEREAS, the City has entered into a lease with the County Commissioners of Franklin County for the property located at 375 Sou...
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