All Legislation
Ordinance2474-2025Passed

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)

Progress

Introduced

Sep 9, 2025

In Committee

Sep 15, 2025

Passed

Sep 17, 2025

4

Enacted