Explanation
BACKGROUND:
In 2006 the City of Columbus and the Columbus Chamber entered into a contract to pursue an economic development strategy to attract and retain young professionals. Next Generation Consulting was hired to study the current trends of young people in Columbus. As part of the contract they also provided an action plan to retain and attract young professionals to the area. To date, the research has been completed, the recommendations have been presented and approved, and implementation needs to be initiated. In order to implement the action plan the Columbus Chamber will hire a person to be responsible for the Young Professional's component of the attraction and retention talent.
This legislation authorizes the Director of the Department of Development to enter into an agreement with the Columbus Chamber for $40,000 as partial funding to hire a manager of the Young Professional's, a component of the attraction and retention initiative. The Chamber will provide additional funding for fringe benefits and administrative costs associated with the Young Professional's position.
Emergency action is requested to allow the Columbus Chamber to hire a person to oversee the Young Professional's initiative in a timely manner.
FISCAL IMPACT:
$40,000 has been allocated from the Jobs Growth Fund for this initiative.
Title
To authorize the appropriation of $40,000 to the Development Department within the Jobs Growth Fund; to authorize the Director of the Department of Development to enter into an agreement with the Columbus Chamber to support the Young Professionals Initiative; to authorize the expenditure of $40,000 from the Jobs Growth Fund; and to declare an emergency. ($40,000)
Body
WHEREAS, Next Generation Consulting (NGC) was hired to pursue an economic development strategy to attract and retain young professionals in the Columbus area; and
WHEREAS, to date, NGC completed the attraction and retention research, the recommendations have been presented and approved, and now implementation needs to be initiated; and
WHEREAS, the Columbus Chamber and the City of Columbus desire to hire an individual to manage the Young Professional's initiative; and
WHEREAS, the City of Columbus will provide up to $40,000 to hire a manager of the Young Professional's initiative; and
WHEREAS, the Columbus Chamber will provide funds for fringe benefits and administrative costs to hire a manager of the Young Professional's initiative; and
WHEREAS, the person hired for this position will be a Columbus Chamber employee and will be housed at the Columbus Chamber; and
WHEREAS, emergency action is necessary to allow the Columbus Chamber to hire a Young Professional's manager in a timely manner; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus, in that it is immediately necessary to authorize the Director of the Department of Development to enter into an agreement with the Columbus Chamber in order to preserve the public health, peace, property, safety and welfare; NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That the City Auditor be and is hereby authorized and directed to appropriate $40,000 in the Jobs Growth Fund, Fund 015 to the Development Department, Economic Development Division, Division 44-02, Object Level One 03,
Object Level Three 3336, OCA 440215.
Section 2. That the Director of Development is hereby authorized to enter into an agreement with the Columbus Chamber to partially fund the hiring of an individual to manage the Young Professional's initiative.
Section 3. That the expenditure of $40,000 or so much thereof as may be necessary, be and is hereby authorized to be expended from the Development Department, Economic Development Division, Division 44-02, Jobs Growth Fund, Fund 015, Object Level One 03, Object Level Three 3336, OCA 440215.
Section 4. That this contract is made pursuant to Section 329.15 of the Columbus City Codes, 1959, as amended.
Section 5. 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 ten days after passage if the Mayor neither approves nor vetoes the
same.