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1156-2025

This ordinance authorizes the appropriation in an amount up to $1,173,587.48, the transfer between object classes in an amount up to $126,639.13, and the expenditure of funds in an amount up to $1,500,000.00 of the 2019, 2020, 2021, and 2022 HOME Investment Partnerships Program, and the HOME Investment Partnerships ARP Program (HOME-ARP) funds from the U.S. Department of Housing and Urban Development; authorizes the Director of the Department of Development to enter into separate commitment letters, loan agreements, promissory notes, mortgages, and restrictive covenants with Nelson Park Preservation Association LLC, in an amount up to $1,500,000.00 for the Nelson Park Apartments project based on their funding sources; and to authorize an emergency. ($1,500,000.00) (Amended by ord. 2471-2025 passed on 9/29/2025 - LG)

Ordinance Passed Introduced April 23, 2025

What this record is

Held by
Nelson Park Preservation Association LLC
Amount
$1.50M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Public safety

public safety contracts in OH that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Housing, Homelessness, & Building Committee
Requested by
Dev Drafter
Introduced
April 23, 2025
On agenda
May 12, 2025
Passed
May 14, 2025

Where it was heard

Columbus City Council May 12, 2025 Approved Pass

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