Explanation
BACKGROUND: The purpose of this ordinance is to authorize the Director of the Department of Development to apply for and accept $150,000.00 in grant assistance from the Roadwork Development (629) Account of the Ohio Development Services Agency and $150,000.00 in grant assistance from the Ohio Department of Transportation, contingent on State Controlling Board approval, for improvements to a public roadway near 6700 Tussing Road, Columbus, OH 43068 to benefit the expansion of operations by Daifuku America Corporation, to appropriate the monies within the General Government Grant Fund and, in turn, authorize the Director of the Department of Public Service to enter into a guaranteed maximum cost agreement with Daifuku America Corporation to construct the improvements.
The roadwork grants, and this associated request for authorization to apply for and accept the grants, are part and parcel of an incentive package to allow Daifuku America Corporation to expand in Columbus. Daifuku America Corporation will invest approximately $3 million related to improving and expanding its facility. A total of 99 full-time permanent positions will be retained and 80 new full-time permanent positions will be created within three years.
Letters dated December 19, 2013 and January 9, 2014 from the Ohio Development Services Agency and JobsOhio and the Ohio Department of Transportation, respectively, extended a total of $300,000.00 in public roadwork development grant assistance to the City of Columbus in support of the proposed investment by Daifuku America Corporation. The Director of the Department of Development responded to both letters on January 10, 2014 accepting the offers of assistance.
Total infrastructure costs to accommodate the expansion of the facility are estimated to be approximately $360,000.00 and will be shared by the State of Ohio and Daifuku America Corporation.
This legislation is submitted as an emergency in order to meet the state roadwork grant...
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