Explanation
BACKGROUND: This ordinance authorizes the Director of Development to enter into contracts for various expenditures for construction and professional services for properties managed by the Land Reutilization Program that are generally small in nature or are unplanned, but necessary to ensure the efficient operation of the program. Work may include any type of renovation of Land Bank property, such as roofing, gutters, masonry repair, structural engineering evaluation, and similar work necessary to stabilize and improve structures for resale and to correct violations of City Code. Many of the properties are targeted under the Vacant and Abandoned Properties Initiative and such work will allow the Land Bank to save certain structures from demolition.
Most of these projects will cost less than $20,000 and be accomplished in accordance with the competitive bidding provisions of the Columbus City Codes or through State Term Contracts pursuant to Ordinance 582-87, with exceptions for emergencies.
Emergency legislation is requested to have funds available for stabilization costs associated with unexpected work on properties acquired under the Land Reutilization Program.
FISCAL IMPACT: This ordinance authorizes an expenditure of $152,339.00 in the Development Taxable Bonds Fund for various unplanned renovations and improvements for properties held in the Land Reutilization Program.
Title
To authorize the Director of Development to enter into contracts for miscellaneous repairs and renovations for properties managed by the Land Reutilization Program; to authorize the expenditure of $152,339.00 from the Development Taxable Bonds Fund; and to declare an emergency. ($152,339.00)
Body
WHEREAS, by Ordinance 1325-98, Council adopted and elected to use the Revised Code Chapter 5722, Land Reutilization Program, to facilitate effective reutilization of nonproductive land acquired through a sale pursuant to a foreclosure proceeding initiated by the Fr...
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