Explanation
BACKGROUND: The purpose of this ordinance is to give the Director of the Department of Development the authority to enter into a Memorandum of Understanding (MOU) with The Ohio State University Medical Center (OSUMC). The MOU will outline the plans and certain commitments of the parties relating to the major expansion of both the OSU Hospital Main Campus and the University Hospital East. This will be accomplished by redefining the health of the local community surrounding the University Hospital East by focusing on neighborhood, health & wellness, education, and housing. The plans and proposals remain subject to authorization pursuant to the adoption of appropriate legislation by Columbus City Council.
Under the MOU, The City will provide a 30% Jobs Growth Incentive for fifteen (15) years for all new OSUMC employees related to the Expansion Project. The incentive is subject to City Council approval.
In consideration of the City of Columbus economic development incentives, OSUMC will commit to add approximately 6000 and retain 12,883employees by the end of 2015. In addition OSUMC will invest up to $1,000,000,000 in real and personal property investments for the Expansion Project. In addition, OSUMC will undertake a comprehensive assessment/planning study of the near east side community, with a specific focus on revitalization of areas in and around Taylor Avenue. OSUMC will invest up to $100,000 to study specific needs of the community and its residents.
OSUMC will invest up to $15,000,000 in capital cost and equipment to build or purchase a facility to provide expanded healthcare services to the community. OSUMC will secure external funding and invest up to an additional $1,000,000 to implement a program of personalized healthcare for the community contingent upon the satisfaction of other economic conditions.
OSUMC will increase opportunities for individuals interested in health sciences careers by providing education and training to meet the increased growth of workforce needed for the expanded patient care capacity of the Expansion Project. Opportunities include continuing the Partners in Education program at East High School that makes students aware of the career opportunities in health care.
OSUMC will partner with the City and community leaders to conduct a comprehensive assessment of the area between Interstate 670 and East Broad Street between 22nd Street and Woodland Avenue. Based on the findings of the comprehensive assessment, OSUMC intends to secure external funding and will invest up to $9,000,000 to improve the availability and affordability of housing and housing resources and improve factors that impact the neighborhood's sustainability contingent upon the satisfaction of other economic conditions.
The City's agreement to provide the referenced financial assistance is contingent upon authorization pursuant to the adoption of appropriate legislation by Columbus City Council.
Emergency action is requested to allow the MOU between The Ohio State University Medical Center and the City of Columbus to entered into in a timely manner.
FISCAL IMPACT: None associated with the MOU.
Title
To authorize the Director of the Department of Development to enter into a Memorandum of Understanding with The Ohio State University Medical Center in order to outline plans and certain commitments of the parties relating to the major expansion of both the OSU Hospital Main Campus and the University Hospital East and the surrounding area on the near east side; and to declare an emergency.
Body
WHEREAS, the purpose of this ordinance is to give the Director of the Department of Development the authority to enter into a Memorandum of Understanding (MOU) with The Ohio State University Medical Center (OSUMC); and
WHEREAS, OSUMC will invest up to $1,000,000,000 to implement the Expansion Project and add approximately 6000 employees through 2015; and
WHEREAS, OSUMC will invest up to $15,000,000 to build or purchase a facility to provide expanded healthcare to the near east side community; and
WHEREAS, OSUMC will secure external funding and invest up to $9,000,000 to improve the housing and housing resources in the near east side community; and
WHEREAS, the City will provide a 30% Jobs Growth Incentive for fifteen (15) years for all new OSUMC employees related to the Expansion Project; and
WHEREAS, the City and OSUMC believe this MOU will assist with the redevelopment and revitalization of the area surrounding the University Hospital East; and
WHEREAS, the City and OSUMC want to partner in redefining the health of the local community by focusing on Neighborhoods, Health & Wellness, Education, and Housing; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to enter into this MOU between OSUMC and the City of Columbus for the economic development and continued improvement of the near east side community, all for the immediate preservation of 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 Director of the Department of Development is hereby authorized to enter into an MOU with The Ohio State University Medical Center in order to outline the plans and certain commitments of the parties relating to the major expansion of both the OSU Hospital Main Campus and the University Hospital East and the surrounding area on the near east side.
Section 2. That for 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 the passage if the Mayor neither approves nor vetoes the same.