Explanation
BACKGROUND: This legislation authorizes the Director of Development to enter into contract with the Franklinton Board of Trade. Founded in 1904, the Franklinton Board of Trade is an association of local business owners and representatives, churches, community organizations and many others who are committed to the success of the Franklinton community making it uniquely qualified to provide economic and commercial development support services. Franklinton is a Neighborhood Commercial Revitalization (NCR) area represented by the Franklinton Board of Trade.
The East Franklinton Creative Community District Plan was adopted by Columbus City Council on November 12, 2012. The plan established a vision for the revitalization as an urban mixed use neighborhood building upon East Franklinton’s history and recent efforts by the public and private sector and individuals to remake the neighborhood. Important to these efforts is the attracting and retaining of new commercial development to complement existing commercial assets.
The Department of Development would like to provide assistance to the Franklinton Board of Trade for the purpose of providing services that advance economic development initiatives in the Franklinton area in support of the Franklinton Creative Community District Plan. These services will include administrative support, program design, and marketing. In addition to coordinating economic development projects among local organizations, the Franklinton Board of Trade will assist the Neighborhood Design Center as necessary in the implementation of NCR small business improvement programs.
Emergency action is requested to allow the Franklinton Board of Trade to continue to provide economic development services to the Franklinton community without interruption.
FISCAL IMPACT: $75,000 is allocated for this contract from the Neighborhood Initiatives Fund.
Title
To authorize the Director of the Department of Development to enter into ...
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