Explanation
BACKGROUND: The purpose of this ordinance is to authorize a modification to grant agreement DL019327 established under the Green Columbus Fund Program for the property at 3790 E. 5th Avenue, Columbus Ohio. The original grant agreement was authorized by Ordinance 0204-2013, passed by City Council on January 31, 2013, pursuant to which a grant agreement was entered into with Capital Core, Inc.
The City and Capital Core agree that it is appropriate to modify the grant agreement to indicate that grant project activities occurring between January 1, 2012, and the termination of the grant agreement may be eligible to receive reimbursement, providing that such activities meet the other applicable requirements for reimbursement.
FISCAL IMPACT: No additional monies are required to modify the grant agreement.
Title
To authorize the Director of the Department of Development to modify a Green Columbus Fund grant agreement with Capital Core, Inc., to clarify the time period during which otherwise eligible grant project activities must have occurred in order to be eligible for reimbursement: and to declare an emergency.
Body
WHEREAS, Ordinance 0204-2013, passed by City Council on January 31, 2013, authorized a Green Columbus Fund grant agreement with Capital Core, Inc. for a Brownfield project at 3790 E. 5th Ave., Columbus, Ohio and
WHEREAS, changed circumstances make it necessary to modify that grant agreement between the City of Columbus and Capital Core, Inc.; and
WHEREAS, an emergency exists in the usual daily operation of the department of Development in that it is immediately necessary to modify the grant agreement in order to have it reflect current realities, thereby preserving the public health, peace, property, safety, and welfare, now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of the Department of Development be and is hereby authorized to modify the grant agreement DL019327 establis...
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