Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Jobs Growth Incentive Agreement with ContactUS, LLC equal to twenty-five percent (25%) of the amount of personal income tax withheld on new employees to Columbus for a term of five (5) years. ContactUS, LLC will invest approximately $4,000,000 in building acquisition and improvements and create approximately 350 new full-time permanent positions with an annual payroll of approximately $10,192,000.
ContactUS, LLC was formed in December 2011 by the Board of Directors of CallCopy, Inc. (dba Uptivity), a leading provider of innovative call recording and contact center solutions, and is a privately owned company. ContactUS, LLC is a leader in the business process outsource (BPO), speech & desktop analytics managed service, and third-party quality monitoring arena. The company’s executive leadership team has managed thousands of contact center professionals over the past several decades and has developed and deployed best-in-class contact center technology that is currently being used on hundreds of thousands of workstations around the world.
ContactUS, LLC is proposing to expand its client support operation in the City of Columbus. The company will purchase and renovate approximately 100,000 square feet of vacant commercial space located at 3700 Fishinger Blvd., Columbus, OH 43026.
FISCAL IMPACT: No funding is required for this legislation.
Title
To authorize the Director of the Department of Development to enter into a Jobs Growth Incentive with ContactUS, LLC equal to twenty-five percent (25%) of the amount of new income tax withheld on employees for a term of five (5) years in consideration of combined company investments of approximately $4,000,000.00 related to building acquisition and improvements and the creation of 350 new full-time permanent positions.
Body
WHEREAS, the City desires to increase employment opportunities and encourage the creation of new j...
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