Description
Title: To authorize the Director of Development to enter into a grant agreement with Southeast Inc. in an amount up to $137,930.00 to assist in the repair of their Friends of the Homeless shelter; to amend the 2025 Capital Improvement Budget to match cash and authorize the expenditure of up to $137,930.00 from the Development Taxable Bond Fund; to authorize the advancement of funds on a pre-determined schedule; to authorize the reimbursement of expenditures incurred prior to the establishment of a purchase order; and to declare an emergency. ($137,930.00)
Summary
The document outlines Ordinance Number 0498-2026, which pertains to an authorization for expenditures within the City of Columbus. Specifically, it details a purchase requisition for financial and insurance services totaling $137,930. The funding is designated for a specific department or project, identified by codes such as "HS001" and "P782003." This legislation primarily affects the city's operational budget and financial management processes, ensuring that necessary services are funded and available. The ordinance is significant as it facilitates the city’s ability to procure essential services while maintaining transparency and accountability in public spending.