Explanation
Background:
This ordinance authorizes the expenditure of up to $500,000 from the Development Taxable Bond Fund 7739 to expand Healthy Neighborhoods Healthy Families Realty Collaborative (HNHF) rehabilitation to the Linden community. HNHF will administer an exterior home rehabilitation on behalf of the Department of Neighborhoods in an effort to advance the One Linden community plan.
Community Planning Area is South Linden - 45
This program will assist homeowners and residents with exterior rehabilitation while facilitating pride, community reinvestment and responsible homeownership and rental units. Residents at or below 65% AMI will be provided much needed financial assistance in making much needed rehabilitation to their homes that will secure safe housing for our most vulnerable residents; and promote and leverage private investment in the neighborhood.
Fiscal Impact: Funding for this agreement is budgeted within the 2019 Capital Improvement Budget within Fund 7739 Development Taxable Bonds. An amendment and transfer of funding is required.
Emergency Justification: Emergency action is requested to allow for the immediate execution of this contract in order to advance community plan implementation and begin construction.
Title
To authorize the Director of the Department of Neighborhoods to make financial assistance available as homeowner assistance grants to projects developed or sponsored in Linden; to authorize the Director to enter into contract with Healthy Neighborhoods Healthy Families (HNHF) Realty Collaborative and to authorize the Director to execute those documents necessary on behalf of the City; to authorize the transfer of funding between projects with the Development Taxable Bond fund; to amend the 2019 Capital Improvement Budget; to authorize the expenditure of $500,000.00 from the Development Taxable Bond Fund 7739; and to declare an emergency. ($500,000.00)
Body
WHEREAS, the City is supportive of the Linden Community and wishes to expand programs and services to better serve the neighborhood; and
WHEREAS, the City commissioned a comprehensive community plan in an effort to revitalize the Linden community; and
WHEREAS, it is necessary to amend the 2019 Capital Improvement Budget; and
WHEREAS, it is necessary to transfer funds between projects within the Development Taxable Bond Fund; and
WHEREAS, the Department of Neighborhoods desires to enter into contract with HNHF to assist homeowners and residents with exterior rehabilitation while facilitating pride, community reinvestment and responsible homeownership; and to advance the One Linden Community Plan; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Neighborhoods in that it is immediately necessary to authorize the Director of the Department of Neighborhoods to enter into contract with Healthy Neighborhoods Healthy Families and to allow HNHF to expedite construction, thereby preserving the public health, peace, property, safety and welfare; now therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of the Department of Neighborhoods be, and hereby is, authorized to enter into contract with the Healthy Neighborhoods Healthy Families Realty Collaborative, for the provision of making financial assistance available for households at or below 65% AMI as homeowner assistance grants to projects developed or sponsored in Linden by HNHF Realty Collaborative.
SECTION 2. That the 2019 Capital Improvement Budget be amended as follows:
Fund / Project / Project Name / Current / Change / Amended
7739/P480103-100000/Myrtle & Cleveland Community Plaza/$550,000/($500,000)/$50,000
7739/P480104-100000/Linden Exterior Home Rehab/$500,000/$500,000
SECTION 3. That the transfer of $500,000.00 or so much thereof as may be needed, is hereby authorized between projects within the Development Taxable Bond Fund 7739 per the account codes in the attachment to this ordinance.
SECTION 4. That the expenditure of $500,000.00 or so much thereof as may be necessary to pay the cost thereof, be and is hereby authorized from the Development Taxable Bond Fund 7739 in object class 06 Capital Outlay per the accounting codes in the attachment to this ordinance.
SECTION 5. 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 6. 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 7. 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 8. 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 passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.