Explanation
Background: This legislation authorizes the Director of the Department of Development to enter into a grant agreement in an amount up to $3,000.00 with Building 1267 LLC and to allow reimbursement of expenses incurred prior to the purchase order date.
Building 1267 LLC entered into a grant agreement, approved by Ordinance 0571-2019 in the amount of $15,560.00, with the City of Columbus on October, 28, 2019 to provide/interior exterior renovations for 1267 W. Broad Street under the City’s Neighborhood Commercial Revitalization (NCR) Interior/Exterior Grant Program. The services outlined in the agreement were a new heliflix system, tuck pointing, stucco work, and painting.
Subsequent to the agreement, Building 1267 LLC decided only to provide exterior renovation services which included tuck pointing, stucco work, and painting. The grant agreement was amended to reflect a cost of service of $3,000.00 instead of the $15,560.00. The exterior services of tuck pointing, stucco work, and painting, however, were not performed prior to the contract end date of October 28, 2020, and Building 1267 LLC was not reimbursed for serviced performed.
Emergency action is requested in order to provide funding to continue work to minimize disruption to the business owner.
Fiscal Impact: Funding for the grant agreement is available within the Division of Economic Development 2022 General Fund Budget in an amount up to $3,000.00
Contract Compliance: The contract compliance number is 030581 and it expires on 2/17/24.
Title
To authorize the Director of the Department of Development to enter into a grant agreement with Building 1267 LLC in an amount up to $3,000.00 for exterior renovations of 1267 W. Broad Street; to allow reimbursement for expenses incurred prior to the purchase order; to authorize a transfer between the Economic Development Division’s General Fund object classes of $3,000.00; and to authorize the expenditure of up to $3,0...
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