City of Columbus - File #: 0622-2004

• File #: 0622-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 3/22/2004
• In control: Development Committee
• On agenda: 4/26/2004
• Final action: 4/28/2004
• Title: To authorize the Director of the Department of Development to enter into contract with the Columbus Technology Leadership Council; and to authorize the expenditure of $152,464.00 from the General Fund. ($152,464.00)

Date	Ver.	Action By	Action	Result
4/28/2004	1	CITY CLERK	Attest
4/27/2004	1	MAYOR	Signed
4/26/2004	1	Columbus City Council	Approved	Pass
4/26/2004	1	COUNCIL PRESIDENT	Signed
4/19/2004	1	Columbus City Council	Read for the First Time
4/1/2004	1	Dev Drafter	Sent for Approval
4/1/2004	1	CITY ATTORNEY	Reviewed and Approved
4/1/2004	1	Dev Drafter	Sent to Clerk's Office for Council
3/31/2004	1	FINANCE DIRECTOR	Reviewed and Approved
3/31/2004	1	Dev Drafter	Sent for Approval
3/31/2004	1	Auditor Reviewer	Reviewed and Approved
3/31/2004	1	CITY AUDITOR	Reviewed and Approved
3/30/2004	1	Finance Reviewer	Reviewed and Approved
3/23/2004	1	Dev Drafter	Sent for Approval
3/23/2004	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
3/23/2004	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND:

This legislation authorizes the Director of the Department of Development to enter into contract with Columbus Technology Leadership Council for the amount of $152,464.00. As a result of the Mayor's Task Force on Technology in 1998, the Columbus Technology Leadership Council has served as the unifying force and voice of technology for the Greater Columbus Community. The Council focuses on aligning the region's business, government, and education leaders on the development and execution of strategies and initiatives that result in economic development for the City. These funds will provide for operating expenses to encourage and foster formation and growth of technology-based companies, and to facilitate effective use of technology to strengthen central Ohio's economy.

FISCAL IMPACT:

The 2004 General Fund Budget appropriated $152,464.00 for technology support.

Title

To authorize the Director of the Department of Development to enter into contract with the Columbus Technology Leadership Council; and to authorize the expenditure of $152,464.00 from the General Fund. ($152,464.00)

Body

WHEREAS, the Director of the Department of Development desires to enter into contract with Columbus Technology Leadership Council to provide the unifying force and voice of technology for the Greater Columbus Community; and

WHEREAS, the Columbus Technology Leadership Council will encourage and foster formation and growth of technology-based companies, and facilitate effective use of technology to strengthen the Central Ohio economy; and

WHEREAS, the City of Columbus will establish contract terms that will allow for four, equal, quarterly payments; and

WHEREAS, the City of Columbus, due to its budget situation, reserves the right to reduce and/or terminate funding of the contract, after providing thirty days notice from the City to Columbus Technology Leadership Council; and NOW, THEREFORE,  

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

Section 1.        That the Director of the Department of Development be and is hereby authorized to enter into contract with Columbus Technology Leadership Council to provide for operating expenses to encourage and foster formation and growth of technology-based companies, and to facilitate effective use of technology to strengthen Central Ohio's economy.

Section 2.      That this contract is awarded in accordance with Chapter 329.15 of the Columbus City Codes, 1959, as amended.

Section 3.        That the expenditure of $152,464.00 or so much thereof as may be necessary, be and is hereby authorized to be expended from the General Fund, Department of Development, Department No. 44-02, Fund 010, Object Level One 03, Object Level Three 3336, OCA Code 440314.

Section 4.      That this ordinance shall take effect and be in force from and after the earliest period allowed by law.