Explanation
BACKGROUND: This legislation authorizes the expenditure of up to $21,200 for a LEED grant award pursuant to the Green Columbus Fund, a City grant program established by Ordinance 1462-2010, which was then amended and replaced by Ordinance 1931-2012.
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 Burwell Investments LLC for the sustainable construction of a multi-family LEED for Homes project at 42-48 East 4th Avenue. The grant is subject to the project attaining LEED certification and meeting the other terms and conditions of the agreement. The ordinance also authorizes the expenditure of up to $21,200 for this purpose.
Emergency action is requested so work can begin in a timely manner and not delay the construction schedule.
FISCAL IMPACT: Cash is available in the 2014 Capital Improvements Budget in the Green Columbus Initiatives Fund portion of the Northland and Other Acquisitions Fund 735.
Title
To authorize the Director of the Department of Development to enter into a grant agreement with Burwell Investments LLC, in order to foster sustainable building through LEED certification of the multi-family LEED for Homes project located at 42-48 East 4th Avenue, pursuant to the Green Columbus Fund Program; to authorize the expenditure of up to $21,200.00 from the Northland and Other Acquisitions Fund; and to declare an emergency. ($21,200.00)
Body
WHEREAS, the Department of Development administers from city bond proceeds the Green Columbus Fund, a grant program established by Ordinance 1462-2010, which was subsequently amended and replaced by Ordinance 1931-2012; and
WHEREAS, the Green Columbus Fund represents the Cit...
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