Explanation
BACKGROUND:
This legislation authorizes the expenditure of $4,250 for a Brownfield grant award pursuant to the Green Columbus Fund, which was established in October 2010 by Ordinance 1462-2010 and subsequently replaced by Ordinance 1931-2012 which expanded the program guidelines.
The Green Columbus Fund represents the City's commitment to foster sustainable building through LEED certification and to foster sustainable Brownfield assessment and redevelopment. The program will produce economic, environmental and social benefits for Columbus and its residents.
This legislation authorizes the Director of Development to enter into a grant agreement with Woods Development Group for Brownfield assessment and redevelopment of the site at 122 Parsons Avenue, subject to the project attaining Brownfield assessment and redevelopment goals of the program, and meeting the other terms and conditions of the agreement. It also authorizes the expenditure of up to $4,250 for this purpose.
Emergency action is requested so that a Phase I Environmental Site Assessment can proceed on this site.
FISCAL IMPACT:
$4,250 is available from the Green Columbus Fund - 2012 Capital Improvements Budget.
Title
To authorize the Director of the Department of Development to enter into a grant agreement with Woods Development Group for Brownfield assessment and redevelopment of the site located at 122 Parsons Avenue, pursuant to the Green Columbus Fund Program; to authorize the expenditure of up to $4,250.00 from the Northland and Other Acquisitions Fund; and to declare an emergency. ($4,250.00)
Body
WHEREAS, the Department of Development administers the Green Columbus Fund (established by Ordinance 1462-2010 and replaced by Ordinance 1941-2012) from city bond proceeds; and
WHEREAS, the Green Columbus Fund represents the City's commitment to foster sustainable building through LEED certification and to foster sustainable Brownfield assessment and redevelopment; ...
Click here for full text