Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to enter into contract with the Franklinton Development Association in the amount of up to $22,000 from the Housing Preservation Fund, for the purpose of conducting a feasibility study on the property located at 79 McDowell Street.
The Department of Development, Land Redevelopment Office, acquired the real property located at 79 McDowell Street in 2013. The purpose of this acquisition was to facilitate redevelopment within the Franklinton neighborhood in cooperation with the Franklinton Development Association.
The Department of Development, in cooperation with the Franklinton Development Association, would like to conduct a feasibility study of the real property to determine if the structure can be renovated into performing art space.
Emergency action is necessary to complete the study as quickly as possible to continue redevelopment efforts within the Franklinton neighborhood.
FISCAL IMPACT: This expenditure is budgeted and available within the Housing Preservation Fund.
Title
To authorize the Director of the Department of Development to enter into contract with the Franklinton Development Association for the purpose of conducting a feasibility study on the property located at 79 McDowell Street; to authorize the expenditure of $22,000.00 from the Housing Preservation Fund; and to declare an emergency. ($22,000.00)
Body
WHEREAS, this legislation authorizes the Director of Development to enter into contract with the Franklinton Development Association in the amount of up to $22,000.00, from the Housing Preservation Fund; and
WHEREAS, the Department of Development has been engaged in planning and redevelopment activities within the Franklinton neighborhood in cooperation with the Franklinton Development Association; and
WHEREAS, the Department of Development, Land Redevelopment Office acquired the real property located at 79 McDowell Street for the purpose of facilitating redevelopment; and
WHEREAS, the Department of Development desires to conduct a feasibility study to determine if the structure can be renovated into a performing arts facility; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Land Redevelopment Office, in that it is immediately necessary to conduct the feasibility study to continue redevelopment efforts within Franklinton; 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 is hereby authorized to enter into contract with the Franklinton Development Association for the purpose of conducting a feasibility study of the property located at 79 McDowell Street.
SECTION 2. That for the purpose stated in Section 1, the expenditure of $22,000.00, or so much thereof as may be necessary is hereby authorized as follows:
Division: 44-10
Fund: 782
Project/Detail: 782007-100000
OCA: 782007
Object Level 1: 06
Object Level 3: 6616
Amount: $22,000.00
SECTION 3. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 4. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 5. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administrating said project that the project has been completed and the monies are no longer required for said project.
SECTION 6. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.