Explanation
BACKGROUND: The need exists to amend the Downtown Office Incentive (DOI) Agreement with Christopher Hamrick, dba Basecraft that was approved by Columbus City Council by Ordinance 1638-2014 on July 28, 2014, which authorized the Director of the Department of Development to enter into a DOI Agreement of fifty percent (50%) for a period of three (3) consecutive years. The DOI agreement was made and entered into on October 2, 2014.
The Department of Development received an e-mail communication request, dated February 26, 2015, from Christopher Hamrick, dba Basecraft requesting the City to change the company’s name to Basecraft, Inc., as the company has gone through a restructuring and as a result of this restructuring, the company name changed. In addition, the company moved into a new location within the Downtown Business District and therefore the City Council approved DOI Agreement remains in effect. An amendment is now required to change the company’s name from Christopher Hamrick, dba Basecraft to Basecraft, Inc. and to change the project site address from 21 E. State Street to 10 N. High Street, Suite 300.
This legislation is requested to be considered as an emergency in order to allow Basecraft, Inc. to receive the remaining benefits of the council approved Downtown Office Incentive.
FISCAL IMPACT: No funding is required for this legislation.
Title
To amend the Downtown Office Incentive Agreement with Christopher Hamrick, dba Basecraft for the purpose of changing the Grantee’s name from Christopher Hamrick, dba Basecraft to Basecraft, Inc. and to change the project site address from 21 E. State Street to 10 N. High Street, Suite 300; and to declare an emergency.
Body
WHEREAS, on July 28, 2014, Columbus City Council passed Ordinance No. 1638-2014, which authorized the Director of the Department of Development to enter into a Downtown Office Incentive Agreement of fifty percent (50%) for a period of three (3) years with Chr...
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