City of Columbus - File #: 1186-2006

• File #: 1186-2006
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 6/21/2006
• In control: Jobs and Economic Development Committee
• On agenda: 6/26/2006
• Final action: 6/28/2006
• Title: To appropriate and authorize the expenditure of $130,000 in the Jobs Growth Initiative Fund, to authorize the direct the Director of the Development Department to contract with TechColumbus for economic development services; and to declare an emergency. ($130,000)

Date	Ver.	Action By	Action	Result
6/28/2006	1	CITY CLERK	Attest
6/27/2006	1	MAYOR	Signed
6/26/2006	1	Columbus City Council	Approved	Pass
6/26/2006	1	COUNCIL PRESIDENT	Signed
6/22/2006	1	CITY ATTORNEY	Reviewed and Approved
6/22/2006	1	Council Drafter	Sent for Approval
6/22/2006	1	Council Drafter	Sent for Approval
6/22/2006	1	Council Drafter	Sent to Clerk's Office for Council
6/22/2006	1	COUNCIL PRESIDENT (approver)	Reviewed and Approved
6/21/2006	1	CITY AUDITOR	Reviewed and Approved
6/21/2006	1	Auditor Reviewer	Reviewed and Approved
6/21/2006	1	Council Drafter	Sent for Approval

Explanation

Background:

Columbus City Council amended the 2006 budget to include funds in a Jobs Growth Fund, first created in 2005, to target specific collaborative initiatives designed to help retain and grow Columbus jobs. One partner in this important effort is TechColumbus, itself a partnership working to provide the catalyst for technology-based economic development in the next decade in Central Ohio. TechColumbus was formed through the merger of the Columbus Technology Council, recognized as the leading membership organization for tech based businesses in central Ohio, and the Business Technology Center, regarded as one of the country's best technology business incubators. The Ohio State University's Science and Technology Campus Corporation (Scitech) is a closely linked partner.

The key objectives of the organization are as follows:
· Facilitate networking and education of technology business leaders
· Promote awareness of existing technology businesses
· Facilitate formation, nurturing and financing of high tech startups
· Assist in developing a larger, more technically competent Work Force
· Increase the awareness of community leaders and the general public of the value and need for a stronger technology infrastructure
City Council has consistently supported such efforts, and in concert with its work to foster a 315 Research and Technology Corridor, a vision shared among government, academic and business interests in Central Ohio to enhance the collection of remarkable assets within the heart of Columbus stretching along Route 315 from Riverside Hospital to the north and to COSI to the south, it is particularly appropriate that Council provide financial support in 2006. Council member Mary Jo Hudson sponsors this legislation.

TechColumbus is a non-profit organization.

Title

To appropriate and authorize the expenditure of $130,000 in the Jobs Growth Initiative Fund, to authorize the direct the Director of the Development ...