Explanation
Background: Ordinance No. 1191-2006 authorized a partnership agreement with the Science and Technology Campus Corporation (SciTech) to apply for a $5 million Ohio Job Ready Sites (JRS) Program grant to benefit the Science and Technology Campus.
The Ohio JRS Program was developed as a result of the $2 billion public works and economic development bond package approved by Ohio voters on November 8, 2005. It allows for grant applications of up to $5 million per project for large impact projects leading to designation as an Ohio Certified Site, guaranteeing minimum standards for new business investment projects. Grant funds can be used for, but are not limited to, infrastructure improvements, building demolition and construction, and brownfield remediation.
This legislation will authorize the payment of $40,000 to the Science and Technology Campus Corporation for the costs associated with the Job Ready Site grant application.
Fiscal Impact: Funding is available within the Development Department, General Fund.
Title
To authorize and direct the Director of the Department of Development to make payment to the Science and Technology Campus Corporation for the costs associated with the Job Ready Site grant application; to authorize the expenditure of $40,000 from the General Fund; and to declare an emergency. ($40,000)
Body
Whereas, Ohio voters approved a $2 billion public works and economic development bond package on November 8, 2005; and
Whereas, the Ohio Job Ready Sites Program was created as a result of the aforementioned bond package, allowing for grant applications from Ohio communities for, but not limited to, infrastructure improvements, building demolition and construction, and brownfield remediation; and
Whereas, the maximum amount that can be applied for under the Job Ready Sites Program is $5 million; and
Whereas, the City of Columbus, in partnership with the Ohio State University, Battelle and the Greater...
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