Explanation
The purpose of this legislation is to authorize the Director of the Equal Business Opportunity Commission Office (EBOCO) to enter into an agreement with Graves Ventures, LLC for City sponsorship of the 2013 Black Enterprise Entrepreneurs Conference and Expo. This conference will be held May 15-18, 2013 at the Columbus Convention Center. The City will be a Co-Platinum Level Sponsor of this event, which offers workshops, speakers and networking opportunities for Black entrepreneurs, corporate executives and professionals. The country's premier business conference and networking event for African American entrepreneurs, this event attracts more than 1,200 attendees annually.
The maximum obligation of the City for these services is limited to $50,000.00.
The contract compliance number for Graves Ventures, LLC is 36-4408587.
The company is not debarred according to the Excluded Party Listing System of the Federal Government or prohibited from being awarded a contract according to the Auditor of State Unresolved Findings for Recovery Certified Search.
FISCAL IMPACT: Funds for this contract ($50,000.00) will come from the 2013 Department of Finance and Management general fund operating budget's citywide account.
EMERGENCY DESIGNATION: This ordinance is being submitted as emergency to allow for project timelines to be met without delay.
Title
To authorize the transfer of funds within the general fund from the Department of Finance and Management, Division of Financial Management to the Equal Business Opportunity Commission Office, to authorize the Equal Business Opportunity Commission Office to enter into an agreement with Graves Ventures, LLC for sponsorship of the 2013 Black Enterprise Entrepreneurs Conference and Expo, to authorize the expenditure of $50,000.00 from the General Fund and to declare an emergency ($50,000.00).
Body
WHEREAS, the 2013 Black Enterprise Entrepreneurs Conference and Expo offers workshops, speakers and networking opportunities for black entrepreneurs, corporate executives and professionals; and
WHEREAS, this conference is the country's premier business conference and networking event for African American entrepreneurs and attracts more than 1,200 attendees annually; and
WHEREAS, The City will be a Co-Platinum Level Sponsor of this event; and
WHEREAS, the maximum obligation shall not exceed $50,000.00; and
WHEREAS, an emergency exists in the usual daily operation of the Equal Business Opportunity Commission Office in that it is immediately necessary to enter into an agreement with Graves Ventures LLC for sponsorship of the 2013 Black Enterprise Entrepreneurs Conference and Expo to proceed without delay;
NOW, THEREFORE
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the City Auditor is hereby authorized to transfer $50,000.00 within the general fund as follows:
From: Department of Finance and Management, Financial Management Division, Division No. 45-01, Fund 010, Object Level One 10, Object Level Three 5501, OCA Code 904508.
To: Equal Business Opportunity Commission Office, Division No. 40-03, Fund 010, Object Level One 03, Object Level Three 3336, OCA Code 400291.
SECTION 2. That the Director of the Equal Business Opportunity Commission Office be, and hereby is authorized to enter into a sponsorship agreement with Graves Ventures LLC for the 2013 Black Enterprise Entrepreneurs Conference and Expo.
SECTION 3. That said firm shall conduct the work to the satisfaction of the Director of the Equal Business Opportunity Commission Office.
SECTION 4. That the expenditure of $50,000.00 or so much thereof as may be needed, be and the same hereby is authorized to pay the cost of this contract as follows:
Equal Business Opportunity Commission Office - 40-03
Fund: 010
OCA: 400291
Object Level 1: 03
Object Level 3: 3336
Amount: $50,000.00
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 for the reasons stated in the preamble hereto, where is hereby made a part hereof, this Ordinance is hereby declared to be an emergency measure, which 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.