City of Columbus - File #: 0269-2011

• File #: 0269-2011
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 2/9/2011
• In control: Development Committee
• On agenda: 2/28/2011
• Final action: 3/2/2011
• Title: To authorize the Director of the Department of Development to enter into an agreement with the Columbus Chamber to continue support of the Young Professional's Initiative; to authorize the expenditure of $70,000.00 from the General Fund; and to declare an emergency. ($70,000.00)
• Sponsors: Zach M. Klein, Andrew Ginther

Date	Ver.	Action By	Action	Result
3/2/2011	1	MAYOR	Signed
3/2/2011	1	CITY CLERK	Attest
2/28/2011	1	Columbus City Council	Approved	Pass
2/28/2011	1	COUNCIL PRESIDENT	Signed
2/14/2011	1	Dev Drafter	Sent for Approval
2/14/2011	1	Auditor Reviewer	Reviewed and Approved
2/14/2011	1	CITY AUDITOR	Reviewed and Approved
2/14/2011	1	Dev Drafter	Sent for Approval
2/14/2011	1	CITY ATTORNEY	Reviewed and Approved
2/14/2011	1	Dev Drafter	Sent to Clerk's Office for Council
2/11/2011	1	Finance Reviewer	Reviewed and Approved
2/11/2011	1	Finance Reviewer	Reviewed and Approved
2/11/2011	1	FINANCE DIRECTOR	Reviewed and Approved
2/10/2011	1	Finance Reviewer	Reviewed and Approved
2/9/2011	1	Dev Drafter	Sent for Approval
2/9/2011	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
2/9/2011	1	Dev Drafter	Sent for Approval

Explanation

BACKGROUND: In 2006 the City of Columbus and the Columbus Chamber entered into a contract to pursue an economic development strategy to attract and retain young professionals. Next Generation Consulting was hired to study the current trends of young people in Columbus. As part of the contract they also provided an action plan to retain and attract young professionals to the area. To date, the research has been completed, the recommendations have been presented and approved and successful program implementation is ongoing. In order to continue the implement of the action plan, the Columbus Chamber will continue employment of a person to be responsible for the Young Professional's component of the attraction and retention initiative.

This legislation authorizes the Director of the Department of Development to enter into an agreement with the Columbus Chamber for $70,000 as funding to continue employment of a manager of the Young Professional's, a component of the attraction and retention initiative. The Chamber will provide additional funding in the form of administrative costs associated with the Young Professional's position.

Emergency action is requested to allow the Columbus Chamber to continue providing program services without interruption.

FISCAL IMPACT: $70,000.00 has been allocated from the 2011General Fund budget for this initiative.


Title

To authorize the Director of the Department of Development to enter into an agreement with the Columbus Chamber to continue support of the Young Professional's Initiative; to authorize the expenditure of $70,000.00 from the General Fund; and to declare an emergency. ($70,000.00)


Body

WHEREAS, Next Generation Consulting (NGC) was hired to pursue an economic development strategy to attract and retain young professionals in the Columbus area; and

WHEREAS, to date, NGC completed the attraction and retention research, the recommendations have been presented and approved, and i...