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 Bond Fund; to authorize the expenditure within the Development Taxable Bonds Fund in an amount up to $2,500,000.00 for a capital contribution agreement which will provide facility renovations which will further support the operational needs of the Franklin County Convention Facilities; to authorize the Director of the Department of Development to enter into a capital contribution agreement with the Franklin County Convention Facilities for facility renovations; and to declare an emergency. ($2,500,000.00)

Committee

Economic Development & Small and Minority Business Committee

Requested by

Dev Drafter

Introduced

November 26, 2024

On agenda

December 16, 2024

Passed

December 18, 2024

Where it was heard

Columbus City Council Dec 16, 2024 Approved Pass