Explanation
This ordinance authorizes the City Clerk to enter into a grant agreement with the Columbus Downtown Development Corporation, dba Downtown Columbus, Inc. to support marketing costs associated with the downtown fashion district known as Common Thread Shops on Third.
The Columbus Downtown Development Corporation, dba Downtown Columbus, Inc., is a nonprofit organization whose mission is to lead city-changing projects and collaborations that improve the connectivity, livability, and inclusivity of the downtown experience.
Common Thread opened in the fall of 2022 and has created a unique shopping experience in Columbus. The shops are a curated destination in the heart of downtown that focuses on small creative businesses and growing entrepreneurship opportunities. Downtown Columbus, Inc. finds that Common Thread is most successful when it has a dedicated branding and event/marketing team in place. Grant funding from the City will provide additional financial support for marketing, advertising, branding, signage, and professional services.
Fiscal Impact: Funding to support this expenditure is available within the Job Growth subfund.
Title
To authorize the City Clerk to enter into a grant agreement with Columbus Downtown Development Corporation, dba Downtown Columbus, Inc. to support marketing costs associated with the Common Thread Shops on Third; and to authorize an appropriation and expenditure within the Job Growth subfund. ($40,000.00)
Body
WHEREAS, the Common Thread Shops focus on small creative businesses that reflect Columbus’ diverse and growing fashion community; and
WHEREAS, Columbus City Council seeks to promote good-paying jobs, including through entrepreneurship, and seeks to support the growing fashion industry in Columbus through the unique Common Thread fashion district; and
WHEREAS, this ordinance authorizes the City Clerk to enter into a grant agreement with the Columbus Downtown Development Corporation, dba Downtown Columbus...
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