Explanation
Background: The Department of Development is proposing to enter into a Jobs Growth Incentive Agreement with Navigator Management Partners, LLC equal to twenty-five percent (25%) of the amount of personal income tax withheld on new employees for a term of two years with an option to extend to 5 years upon purchase of the property in consideration of Navigator Management Partners, LLC's proposed investment of $460,000, the retention of 38 full-time permanent employees and the creation of 19 permanent full-time jobs.
Navigator Management Partners, LLC (Navigator) is a consulting firm specializing in Program management, Business Process Design, Packaged Software Implementation and Enterprise Technology Strategy services. Founded in 2001, Navigator is headquartered in Columbus, Ohio with locations in Phoenix, Arizona, Raleigh, North Carolina and Baltimore, Maryland. Navigator's client list includes Fortune 500 companies, large health-care systems and institutions of higher education.
The company is proposing to expand its Columbus office by adding 19 new full-time positions. Navigator is requesting a Jobs Growth Incentive to assist in the expansion of its Columbus headquarters.
Emergency action is necessary in order to allow Navigator Management Partners, LLC to begin investing and creating jobs as quickly as possible.
Fiscal Impact: No funding is required for this legislation.
Title
To authorize the Director of Development to enter into a Jobs Growth Incentive agreement with Navigator Management Partners, LLC; and to declare an emergency.
Body
WHEREAS, the City desires to increase employment opportunities and encourage the creation of new jobs in the City in order to improve the overall economic climate of the City and its citizens; and
WHEREAS, the Department of Development has received a completed application for the Jobs Growth Incentive from Navigator Management Partners, LLC; and
WHEREAS, Navigator Man...
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