Explanation
Passage of this ordinance will enable Columbus City Council to expend $7,000.00 from the Jobs Growth Fund to enter into a contract with the Economic and Community Development Institute (ECDI) for development, implementation and management of the City of Columbus "Kickstart" contest. "Kickstart" is a business plan competition that will award up to three winners various prizes related to business development, including free, sponsor-provided, lease space, and other sponsor/partner services.
Support of this project and event aligns with Columbus City Council's priority of promoting opportunities for small business development, job creation, and technology integration into worker skill sets.
FISCAL IMPACT: Funding for such sponsorship was allotted in the Jobs Growth Fund, Fund 015.
EMERGENCY DESIGNATION: It is requested that this Ordinance be handled in an emergency manner due to the time sensitive deadlines.
Title
To authorize Columbus City Council to expend $7,000.00 from the Jobs Growth Fund to enter into a contract with the Economic and Community Development Institute (ECDI) for development, implementation and management of the City of Columbus "Kickstart" business plan competition, and to declare an emergency. ($7,000.00)
Body
WHEREAS, small businesses are a major engine of job growth in our local economy, and
WHEREAS, regional small business development, job creation, and technology integration into worker skill sets is a top priority of Columbus City Council; and
WHEREAS, in 2012, the Economic and Community Development Institute (ECDI), on behalf of the City, will host the City of Columbus Kickstart competition; and
WHEREAS, passage of the this legislation authorizes Columbus City Council to expend $7,000.00 from the Jobs Growth Fund to enter into a contract with ECDI for development, implementation and management of the City of Columbus Kickstart contest; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to appropriate and transfer said funds to have funding available for necessary expenditures; now, therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the City Auditor be and he is hereby authorized and directed to appropriate $7,000.00 in the Jobs Growth Fund as follows:
Dept: 20
Fund Type: Jobs Growth
Fund: 15
Object Level 1: 3336
OCA Code: 200115
Amount: $7,000
SECTION 2. That Columbus City Council is hereby authorized to enter into contract with ECDI for development, implementation and management of the City of Columbus Kickstart contest.
SECTION 3. That the expenditure of $7,000.00 or so much as may be needed, be and hereby is authorized in:
Dept: 20
Fund Type: Jobs Growth
Fund: 15
Object Level 1: 3336
OCA Code: 200115
Amount: $7,000
SECTION 4. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or 10 days after passage if the Mayor neither approves nor vetoes the same.