Explanation
BACKGROUND: This legislation authorizes the payments to employers who have met the requirements of their Jobs Growth Incentive Program (JGI) agreement and are eligible for payment for the 2019 reporting (tax) year. Emergency action is requested so that the City can authorize payment by the end of the second quarter of this year in accordance with the Jobs Growth Incentive Program agreements.
For tax year 2019 (also calendar year and/or report year), the City of Columbus had a total of twenty-26 (26) active and reporting JGI projects for which employers have met the requirements of their JGI agreements and thus are eligible to receive their payments for calendar year 2019. The total dollar amount to be disbursed for these twenty-six (26) 2019 JGI payments is $10,274,785.13. The twenty-six (26) projects with the JGI payment subtotals are as follows: (1) $6,099.45 to Blue & Co., LLC; (2) $6,189.62 to ComResource, Inc.; (3) $29,529.99 to ContactUS, LLC; (4) $107,213.91 to CoverMyMeds LLC; (5) $7,029.21 to The Crimson Cup, Inc.; (6) $10.640.39 to Daifuku America Corporation; (7) $14,802.51 to Engineered Profiles LLC; (8) $3,562.49 to FedEx Supply Chain, Inc.; (9) $5,747.15 to FlightSafety International, Inc.; (10) $2,272.95 to G&J Pepsi-Cola Bottling Company, Inc.; (11) $8,384.92 to Huckberry, Inc.; (12) $1,323,740.91 to The Huntington National Bank; (13) $1,370.93 to Installed Building Products, Inc.; (14) $4,734.65 to Koorsen Fire & Security, Inc.; (15) $2,417.19 to The Kroger Company dba Central Fill; (16) $11,528.46 to Morgan Stanley Domestic Holdings, Inc. dba Morgan Stanley & Co. LLC; (17) $1,140,069.93 to Nationwide Children’s Hospital, Inc.; (18) $1,773,679.38 to Nationwide Mutual Insurance Company; (19) $5,367,686.35 to The Ohio State University Wexner Medical Center; (20) $8,868.90 to PRIME AE Group, Inc.; (21) $317,829.98 to Root, Inc.; (22) $1,969.50 to Total Quality Logistics, LLC; (23) $18,958.20 to Total System Services, Inc.; (24) $45,74...
Click here for full text