Explanation
BACKGROUND: This legislation authorizes the Director of Development to enter a nonprofit sponsorship grant agreement, in the amount of $25,000.00, with the Greater Columbus Chamber of Commerce for the purpose of supporting the 100th Chamber of Commerce Clambake and Lobster Feast, and to allow for reimbursement of expenses prior to the creation of the purchase order beginning July 1, 2024. For a century, the Greater Columbus Chamber of Commerce has sponsored the event which brought together the community and business leaders. Over 1200 community and business leaders have attended this annual event. Businesses and community leaders from all over central Ohio attend the event for the purpose of networking and meeting other businesses. The event serves as a focal point for businesses and community to come together to discuss opportunities for partnership and business growth and development.
The 100th Chamber of Commerce Clambake and Lobster Feast will be held on September 26, 2024 at the Crew Stadium. Some of the investor sponsors of the event include: Columbia Gas, Huntington Bank, Nationwide Insurance, The Ohio State University, Vorys, American Electric Power, Medical Mutual, Sedgwick, Wright Patt Credit Union and AHOLA. The City of Columbus will serve as the Centennial Title Sponsor for the 100th Columbus Chamber of Commerce Clambake and Lobster Feast.
FISCAL IMPACT: $25,000.00 is budgeted in the 2024 General Fund Budget.
CONTRACT COMPLIANCE: The vendor number is 006012 and expires on 5/23/26.
Title
To authorize the Director of the Department of Development to enter into a grant agreement with the Greater Columbus Chamber of Commerce, in an amount up to $25,000.00, for the 100th Chamber of Commerce Clambake and Lobster Feast; to authorize the transfer and expenditure of up to $25,000.00 from the 2024 General Fund Operating Budget; and to allow for reimbursement of expenses prior to the creation of the purchase order beginning July 1, 2024; and to authorize the advancement of funds on a predetermined schedule. ($25,000.00)
Body
WHEREAS, for a century, the Greater Columbus Chamber of Commerce has sponsored the Columbus Chamber of Commerce Clambake and Lobster Feast which brought together the community and business leaders with over 1200 community and business leaders in attendance; and
WHEREAS, businesses and community leaders from all over central Ohio attend the event for the purpose of networking and meeting other businesses to come together to discuss opportunities for partnership and business growth and development; and
WHEREAS, the 100th Chamber of Commerce Clambake and Lobster Feast will be held on September 26, 2024 at the Crew Stadium. Some of the investor sponsors of the event include: Columbia Gas, Huntington Bank, The Ohio State University, Vorys, American Electric Power, Nationwide Insurance, Medical Mutual, Sedgwick, and Wright Patt Credit Union. and AHOLA; and
WHEREAS, the City of Columbus will serve as the Centennial Title Sponsor for the 100th Columbus Chamber of Commerce Clambake and Lobster Feast; and
WHEREAS, expenses prior to the creation of the purchase order beginning July 1, 2024, are authorized to be reimbursed.
WHEREAS, funding will be advanced to the agency on a predetermined schedule; and
WHEREAS, the Department of Development desires to enter a nonprofit sponsorship grant agreement with the Greater Columbus Chamber of Commerce for the purpose of supporting the 100th Chamber of Commerce Clambake and Lobster Feast; NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the Director of Development is hereby authorized to enter into a grant agreement with the Greater Columbus Chamber of Commerce, in an amount up to $25,000.00, to support the 100th Chamber of Commerce Clambake and Lobster Feast; and is authorized to advance funds per a schedule to be included in the agreement; and to allow for reimbursement of expenses prior to the creation of the purchase order beginning July 1, 2024.
Section 2. That the transfer of $25,000.00 or so much thereof as may be needed, is hereby authorized within Fund 1000 (General Fund), from Dept-Div 44-02 (Economic Development), object Class 03 (Services) to Dept.Div 44-02 (Economic Development), object class 05 (Other Expenditures) per the accounting codes in the attachment to this ordinance.
Section 3. That for the purpose stated in Section 1, the expenditure of $25,000.00 or so much thereof as may be needed, is hereby authorized in Fund 1000 (General Fund), Dept. 44-02 (Economic Development), in Object Class 05 (Other Expenditures) per the accounting codes in the attached to this ordinance.
Section 4. That this grant agreement is awarded in accordance with the relevant provisions of City Code related to awarding grant agreements.
Section 5. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
Section 6. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contract modifications associated with this ordinance.
Section 7. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.