To authorize the Director of the Department of Development to enter into a grant agreement with the Columbus Center of Entrepreneurial Development, an Ohio nonprofit corporation, in an amount of up to $500,000.00 to reimburse for the Phase I architectural, engineering and other soft costs of the property at 1878-1890 E. Main Street that provides training and business incubation assistance; to amend the 2024 Capital Improvement Budget; to authorize the transfer of funds within the Development Taxable Bonds Fund; to authorize the expenditure of $500,000.00 from the Development Taxable Bonds Fund; and to also allow for reimbursements incurred prior to the Purchase Order. ($500,000.00) (Amended by ord. 0841-2025 passed on 4/7/2025 -LG).

Ordinance Passed Introduced October 21, 2024

Where it was heard