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 Christopher Hamrick, dba Basecraft; and
WHEREAS, the DOI Agreement was made and entered into effective October 2, 2014; and
WHEREAS, on February 26, 2015 the Department of Development received an e-mail communication from Christopher Hamrick, dba Basecraft requesting the City to change the company’s name from Christopher Hamrick, dba Basecraft to Basecraft, Inc.; and
WHEREAS, in addition to the company’s name change, the company relocated its corporate headquarters (the project site) from 21 E. State Street to 10 N. High Street Suite 300, which is within the Downtown boundaries as described in Columbus City Code Title 33 Section 3359.03 downtown district boundary; and
WHEREAS, the need exists to amend the agreement with Christopher Hamrick, dba Basecraft for the purpose of changing 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; and
WHEREAS, an emergency exists in the usual daily operation of the Columbus Department of Development in that it is immediately necessary to seek an amendment from Columbus City Council to change 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, thereby preserving the public, health, peace, property and safety; NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Development is hereby authorized to amend the Downtown Office Incentive Agreement to change the Grantee’s name from Christopher Hamrick, dba Basecraft to Basecraft, Inc. and the project site address from 21 E. State Street to 10 N. High Street, Suite 300.
SECTION 2. That the City of Columbus Downtown Office Incentive Amendment is signed by Basecraft, Inc. within 90 days of passage of this ordinance, or this ordinance and the credit herein shall be null and void.
SECTION 3. For the reasons stated in the preamble hereto, which is made a part hereof, this Ordinance is 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 (10) days after passage if the Mayor neither approves nor vetoes this Ordinance.