To authorize an amendment to the First Amended and Restated Economic Development Agreement dated August 29, 2023 with North Market Development Authority, Inc. and NM Developer LLC; to authorize an amendment to the Cooperative Agreement dated August 29, 2023 with the Columbus-Franklin County Finance Authority; to authorize the appropriation of funds within the Income Set Aside Subfund and the Development Taxable Bonds Fund; to authorize the transfer of cash between the Income Tax Set Aside Subfund and the Development Taxable Bonds Fund; to authorize the expenditure within the Development Taxable Bonds Fund in an amount up to $13,000,000.00 for the public improvements for the North Market project; to authorize the Director of the Department of Development to remit a portion of the Public Improvements Grant to the Columbus-Franklin County Finance Authority for the North Market public project pursuant to the Cooperative Agreement; and to declare an emergency. ($13,000,000.00)

Committee

Economic Development & Small and Minority Business Committee

Requested by

Dev Drafter

Introduced

September 9, 2025

On agenda

September 15, 2025

Passed

September 17, 2025

Where it was heard

Columbus City Council Sep 15, 2025 Approved Pass