City of Columbus - File #: 0967-2009

• File #: 0967-2009
• 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 transfer $207,351.77 from the Special Income Tax Fund to the General Fund; to authorize and direct the City Auditor to make payments totaling $829,407.08 in accordance with the Downtown Office Incentive Program to various employers; to authorize the expenditure of $829,407.08 from the General Fund; and to declare an emergency. ($829,407.08)

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
7/2/2009	1	City Clerk's Office	Sent back for Clarification/Correction
7/2/2009	1	CITY ATTORNEY	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 to Clerk's Office for Council
7/1/2009	1	City Clerk's Office	Sent back for Clarification/Correction
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: Resolution 0088X-2007, adopted June 4, 2007, supported the continuation of the Columbus Downtown Office Incentive Program (DOI) as one of the development tools needed to implement the Downtown Business Plan. This legislation authorizes the payments to employers who have met the requirements of their Downtown Office Incentive Program agreement.

For tax year 2008, the City of Columbus had a total of 15 active DOI projects for which employers have met the requirements of their DOI agreements and thus are eligible to receive their payments for 2008. The total dollar amount to be disbursed for these 15 2008 DOI payments is $829,407.08. The 15 projects with the DOI payment subtotals are as follows: $11,830.57 to BHDP Architecture; $15,891.23 to Brady, Ware & Shoenfeld; $21,780.00 to Eye Center of Columbus; $19,789.49 to FirstMerit Bank; $6,057.05 to Floyd Browne Group; $159,768.85 to GatesMcDonald & Company; $3,045.89 to GSP/OH Inc.; $10,636.14 to Knowledge Management Interactive, Inc.; $251,633.73 to OhioHealth Corporation; $122,335.01 to Plante & Moran and Affiliates; $29,614.35 to Princeton Information, $96,050.55 to Resource Interactive; $8,226.71 to S4 Consulting; $53,595.27 to SBC Advertising; and $19,152.24 to Viamedia Broadband Advertising Partners.

FISCAL IMPACT: This ordinance authorizes and directs the City Auditor to transfer $207,351.77 from the Special Income Tax Fund to the General Fund and authorizes and directs the City Auditor to make payments totaling $829,407.08 from the General Fund. The transfer amount of $207,351.77 has been factored into the current special income tax analysis and resultant capital capacity. The remaining amount of the payment was included in the 2009 General Fund Budget.


Title

To authorize and direct the City Auditor to transfer $207,351.77 from the Special Income Tax Fund to the General Fund; to authorize and direct the City Auditor to make payments totaling $829,407.08 in accordance w...