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 this project:
Fund / Project / Project Name / Current / Change /C.I.B. as Amended
7735/ P782001-100005/ Home Again - Land Bank/ $331,864/ $300,000/ $31,864
7735/ P782014-100000/ Northland Gate/ $0/ $300,000/ $300,000
SECTION 2. That the expenditure of capital improvement budget funds from this authorization will be for the provision of a grant to National Church Residences or a related entity for the new construction of up to 94 units of affordable senior housing in the Northland area.
SECTION 3. That the Director of the Department of Development is hereby authorized to enter into contract with National Church Residences, or a related entity, and make financial assistance available from Fund 7735.
SECTION 4. That the transfer of $300,000, or so much thereof as may be needed, is hereby authorized from Fund 7735 (Northland and Other Acquisitions Bond Fund), Dept-Div 4402 (Economic Development), Project P782001-100005 (Home Again - Land Bank), object class 06 (Capital Outlay) to Fund 7735 (Northland and Other Acquisitions Bond Fund), Dept-Div 4410 (Housing), Project P782014-100000 (Northland Gate), object class 06 (Capital Outlay) per the account codes in the attachment to this ordinance.
SECTION 5. That the expenditure of $300,000.00 or so much thereof as may be needed, is hereby authorized in Fund 7735 (Northland and Other Acquisitions Bond Fund), Dept-Div 4410 (Housing) Project P782014-100000 (Northland Gate), in object class 06 (Capital Outlay) per the accounting codes in the attachment to this ordinance.
SECTION 6. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 7. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modification associated with this ordinance.
SECTION 8. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administering said project that the project has been completed and the monies are no longer required for said project.
SECTION 9. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this Ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.