Explanation
BACKGROUND: This ordinance authorizes a contract in the amount of $114,852 with The Greater Columbus Chamber of Commerce. These funds provide City resources for aggressive action with key business and government contacts for business relocation, expansion, and retention in the downtown area, central city neighborhoods, and growth areas. In addition, these funds represent commitment to four of the Chamber's efforts related to the City's continued interest in workforce development, area wide marketing, creation and nurturing of entrepreneurship, and investment in public sector infrastructure.
Award of this contract meets the procurement provisions of Chapter 329.29 and 3901.01 of the Columbus City Code, 1959
FISCAL IMPACT: The funding for this contract is fully budgeted within the 2005 operating budget. $125,000 was contracted in 1997. $150,000 was contracted for years 1998 through 2000, $141,000 in 2001 and $114,852 in 2002 through 2004.
Contract Compliance #: 31-4152950 (non profit)
Title
To authorize the City Clerk to enter into a contract with the Greater Columbus Chamber of Commerce for economic development activities associated with business relocation, expansion, and retention as well as other activities related to the City's continued interest in workforce development, marketing, entrepreneurship, and infrastructure; and to authorize the expenditure of $114,852 from the General Fund, and to declare an emergency. ($114,852)
Body
WHEREAS, the economic development of a region depends heavily on the skill with which the advantages of that region are marketed; and
WHEREAS, these funds provide City resources for aggressive action with key business and government contacts for business relocation, expansion, and retention in the downtown area, central city neighborhoods, and growth areas; and
WHEREAS, these funds also represent commitment by the Chamber to the City's ongoing interests and efforts related t...
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