Explanation
[enter background and fiscal BACKGROUND:
This ordinance authorizes the Director of Development to modify a grant agreement with Healthy Linden Homes II, LLC to allow for the reimbursement of costs incurred prior to the creation of the purchase order.
Original Agreement $2,000,000.00 Ord. 2095-2022 PO364888
Modification No. 1 $ 0.00
Total Agreement Amount $2,000,000.00
This legislation is to modify the existing Purchase Order PO364888 that was executed by Grant Agreement on December 5, 2022, authorized by ordinance 2095-2022 passed on July 25, 2022. This modification would allow for the costs incurred prior to the Purchase Order date to be eligible for reimbursement. Revisions of the grant agreement draft delayed the processing of the purchase order. To keep with the contractor's timeline and to hold construction pricing without an increase in construction costs, the developer commenced construction prior to purchase order finalization.
Healthy Linden Homes II, LLC seeks to further address the housing affordability issues that Columbus faces by developing up to 30 units of new construction rental housing in zip code 43211. These properties will consist of infill development, designed to replace residential structures that have been demolished. Additionally, the parcels that have been identified for redevelopment are being acquired exclusively from the City of Columbus and Franklin County Land Banks.
The up to 30 rental units for which we are seeking funding will consist of no more than 10 single family homes and 10 duplexes. All but nine of these properties will be built by Unibilt Industries-a modular home builder located in Dayton, Ohio. The modular units will be delivered approximately 75% complete and set on full foundations. Healthy Homes has engaged a General Contractor who will complete all site preparations, construct the foundations and manage the balance of work post-delivery. Once delivered, the units will requir...
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