Explanation
BACKGROUND: This legislation authorizes the expenditure of up to $47,700 for a LEED grant award pursuant to the Green Columbus Fund, a grant program established by Ordinance 1462-2010 and 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 Grange Mutual Casualty Company, for the project to sustainably operate and maintain an existing building at 671 S. High Street, Columbus. The project is subject to attaining LEED certification and meeting the other terms and conditions of the agreement. The ordinance also authorizes the expenditure of up to $47,700 for this purpose.
Emergency action is requested as it is necessary to immediately enter into this grant agreement to foster sustainable economic development on this project.
FISCAL IMPACT: Cash is available in the 2014 Capital Improvements Budget, Fund 735, Green Columbus Initiatives Fund.
Title
To authorize the Director of the Department of Development to enter into a grant agreement with Grange Mutual Casualty Company in order to foster sustainable building operation and maintenance through LEED Silver certification of the existing office building at 671 S. High Street, pursuant to the Green Columbus Fund Program; to authorize the expenditure of up to $47,700.00 from the Northland and Other Acquisitions Fund; and to declare an emergency. ($47,700.00)
Body
WHEREAS, the Department of Development administers from city bond funds the Green Columbus Fund, established by Ordinance 1462-2010 and later amended and replaced by Ordinance 1931-2012; and
WHEREAS, the Green Columbus Fund represents the City's commitment to foster sustainab...
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