Explanation
BACKGROUND: The need exists to amend Ordinance 0991-2011, approved by Columbus City Council on July 11, 2011, which authorized the Director of the Department of Development to enter into a Columbus Downtown Office Incentive Agreement with Manpower Professional. An amendment is now required to change the company's name from Manpower Professional to Experis US, Inc. and to extend the 90 day period needed to execute the Downtown Office Incentive Agreement to 90 days after the passage of this legislation.
The Department of Development has received a written request from Manpower Professional requesting the City to change its' company name from Manpower Professional to Experis US, Inc. Subsequent to signing the agreement, Manpower Professional changed its name to Experis US, Inc. on or about July 15, 2011. The legal entity has remained the same, including the Federal Tax Identification number; however, from this point forward, all employees (both retained and new) will receive payroll compensation through Experis US, Inc. and not Manpower Professional.
FISCAL IMPACT: No funding is required for this legislation.
Title
To amend Ordinance 0991-2011, passed by Columbus City Council on July 11, 2011, for the purpose of changing the name of the authorized entity for a Columbus Downtown Office Incentive Agreement from Manpower Professional to Experis US, Inc. and to extend the 90 day period to execute the agreement to 90 days after passage of this ordinance.
Body
WHEREAS, the City desires to increase employment opportunities and encourage establishment of new jobs in the City in order to improve the overall economic climate of the City and its citizens; and,
WHEREAS, Resolution 0088X-2007, adopted June 4, 2007, authorized the Department of Development to establish the Columbus Downtown Office Incentive program as amended; and,
WHEREAS, subsequent to signing the agreement, Manpower Professional changed its name to Experis US, Inc. and the employees, both retained and new, will receive payroll compensation through this newly created entity; and
WHEREAS, the Department of Development has received a written request from Manpower Professional requesting the City to change its' company name from Manpower Professional to Experis US, Inc.; and; NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That Ordinance 0991-2011 is hereby amended for the purpose of changing the name of the authorized entity for a Columbus Downtown Office Incentive Agreement from Manpower Professional to Experis US, Inc. and to extend the 90 day period to execute the agreement to 90 days after passage of this ordinance.
Section 2. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.