City of Columbus - File #: 0966-2009

• File #: 0966-2009
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 6/29/2009
• In control: Development Committee
• On agenda: 7/13/2009
• Final action: 7/14/2009
• Title: To authorize and direct the City Auditor to make payments totaling $226,149.54 in accordance with the Jobs Growth Incentive Program agreements to Advanced Engineering Consultants Ltd., eCommerce, Inc., Ohio State University Physicians, Inc., Ohio Valley Cable Services and Zyvex Performance Materials, Inc.; to authorize the expenditure of $226,149.54 from the General Fund; and to declare an emergency. ($226,149.54)

Date	Ver.	Action By	Action	Result
7/14/2009	1	MAYOR	Signed
7/14/2009	1	CITY CLERK	Attest
7/13/2009	1	Columbus City Council	Approved	Pass
7/13/2009	1	COUNCIL PRESIDENT	Signed
7/2/2009	1	CITY ATTORNEY	Reviewed and Approved
7/2/2009	1	Dev Drafter	Sent to Clerk's Office for Council
7/1/2009	1	Dev Drafter	Sent for Approval
7/1/2009	1	Auditor Reviewer	Reviewed and Approved
7/1/2009	1	CITY AUDITOR	Reviewed and Approved
7/1/2009	1	Dev Drafter	Sent for Approval
7/1/2009	1	Atty Reviewer	Reviewed and Approved
7/1/2009	1	Dev Drafter	Sent for Approval
6/30/2009	1	Finance Reviewer	Reviewed and Approved
6/30/2009	1	Finance Reviewer	Reviewed and Approved
6/30/2009	1	FINANCE DIRECTOR	Reviewed and Approved
6/29/2009	1	Dev Drafter	Sent for Approval
6/29/2009	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
6/29/2009	1	Dev Drafter	Sent for Approval

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 2008 reporting year.

FISCAL IMPACT: For tax year 2008, the City of Columbus had a total of five (5) active JGI projects for which employers have met the requirements of their JGI agreements and thus are eligible to receive their payments for 2008. The total dollar amount to be disbursed for these five (5) 2008 JGI payments is $226,149.54. The five (5) projects with the JGI payment subtotals are as follows: $1,921.30 to Advanced Engineering Consultants Ltd.; $4,323.75 to eCommerce, Inc.; $211,312.82 to Ohio State University Physicians, Inc.; $5,996.03 to Ohio Valley Cable Services; and $2,595.64 to Zyvex Performance Materials, Inc.


Title

To authorize and direct the City Auditor to make payments totaling $226,149.54 in accordance with the Jobs Growth Incentive Program agreements to Advanced Engineering Consultants Ltd., eCommerce, Inc., Ohio State University Physicians, Inc., Ohio Valley Cable Services and Zyvex Performance Materials, Inc.; to authorize the expenditure of $226,149.54 from the General Fund; and to declare an emergency. ($226,149.54)


Body

WHEREAS, the Columbus Jobs Growth Incentive Program is one of the development tools utilized by the City of Columbus to encourage new job creation; and

WHEREAS, it is necessary to authorize payments to employers who have met the requirements under their Jobs Growth Incentive Program agreement; and

WHEREAS, the City of Columbus had a total of five (5) active JGI projects for which employers have met the requirements of their JGI agreements and thus are eligible to receive their payments for 2008 and the total dollar amount to be disbursed for these five (5) 2008 JGI payments is $226,149.54; and

WHEREAS, there were ninety-two (92) new jobs created as a result of these five (5) active JGI ...