Explanation
BACKGROUND: This ordinance authorizes the expenditure of up to $300,000.00 from Fund 7735 and authorizes the Director of Development to enter into a contract with National Church Residences or a related entity for the Northland Gate senior housing development. Northland Gate Senior Housing is an up to 94 unit senior housing development by National Church Residences, a local non-profit development organization with a national presence.
This legislation is submitted as an emergency to allow the construction of the development to begin without delay.
FISCAL IMPACT: Cash is available in Fund 7735 of the 2019 Capital Improvements Budget.
Title
To amend the 2019 Capital Improvement Budget; to authorize the Director of the Department of Development to enter into a contract with National Church Residences or a related entity for the Northland Gate senior housing development; to authorize the transfer and expenditure of $300,000.00 from Northland and Other Acquisitions Bond Fund; and to declare an emergency. ($300,000.00)
Body
WHEREAS, this ordinance authorizes the Director of Development to enter into a contract with National Church Residences or a related entity; and
WHEREAS, entering into the contract will facilitate the development of up to 94 new units of affordable senior housing; and
WHEREAS, it is necessary to amend the 2019 Capital Improvement Budget to establish authority within the correct project; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Housing Division, in that it is immediately necessary to authorize the Director to enter into this contract to allow construction activity to begin, thereby preserving the public health, peace, property, safety, and welfare; and
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the 2019 Capital Improvements Budget authorized by ordinance 1326-2019 be amended as follows to establish sufficient authority for th...
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