Downtown Development Corporation Grant

At a glance

  • What: Ordinance 2538-2026 authorizes the Director of Development to enter into a grant agreement with the Columbus Downtown Development Corporation for up to $2,000,000.00. Funding: a transfer of appropriation between divisions of up to $675,900.00 and an expenditure of up to $1,500,000.00 within the General Fund, plus an appropriation and expenditure of up to $500,000.00 within the Housing Business Tax Incentive fund. Grant funds may be advanced on a predetermined schedule.
  • Vote: moved by Bankston, seconded by Ross; approved 8-0 on 10/5/2026 with Green abstaining. The minutes give no reason.
  • Where it stands: approved. First read 9/28/2026.
  • Related: the same day Green also abstained on Downtown Winter Lighting Agreement, another agreement with the same corporation (doing business as Downtown Columbus Inc.).

Sources

Log

2026-10-05 - Columbus City Council

  • Second reading, emergency calendar: approved 8-0-1 (Green abstained). In favor: Bankston, Barroso De Padilla, Day-Achauer, Dorans, Remy, Ross, Wyche and Hardin.

2026-09-28 - Columbus City Council

  • Read for the first time (FR-8).