Description
Title: To amend the 2025 Capital Improvement Budget; to authorize the City Auditor to transfer funds within the Affordable Housing Bond Fund; to authorize the Director of Development to enter into a grant agreement with Franklinton Rising for development of a 4-unit affordable housing project in an amount up to $600,000.00; authorize the expenditure of up to $600,000.00 from the Affordable Housing Bond Fund; and to authorize expenditures prior to execution of the Purchase Order. ($600,000.00)
Summary
The document outlines the status and activities of "Franklinton Rising," a non-profit corporation based in Columbus, Ohio. Originally filed on July 28, 2014, it is currently active with an expiration date set for May 31, 2027. The corporation's registered agent is CT Corporation System, located in Columbus. The document also indicates various filings related to address changes and a reinstatement after a lapse. Additionally, it includes details about an ordinance (Ord Number 0545-2026) authorizing a $600,000 financial transfer within city funds, specifically from one project (CW001) to another (HS005). This legislation facilitates the allocation of resources that may impact community projects, highlighting the city's ongoing commitment to