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File #: 0837-2008    Version:
Type: Ordinance Status: Defeated
File created: 5/8/2008 In control: Rules & Reference Committee
On agenda: 11/19/2018 Final action: 11/19/2018
Title: To authorize the Director of Development to enter into an Enterprise Zone Agreement with 770 West Broad AGA LLC and Anchor Management Group. ; and to declare an emergency.
Attachments: 1. 0837-2008 attachments.pdf
Date Ver.Action ByActionResultAction DetailsMeeting Details
11/19/20181 Columbus City Council Taken from the TablePass Action details Meeting details
11/19/20181 Columbus City Council DefeatedFail Action details Meeting details
7/14/20081 Columbus City Council Taken from the TablePass Action details Meeting details
7/14/20081 Columbus City Council Tabled IndefinitelyPass Action details Meeting details
7/7/20081 Columbus City Council Tabled to Certain DatePass Action details Meeting details
7/7/20081 Columbus City Council Taken from the TablePass Action details Meeting details
6/23/20081 Columbus City Council Taken from the TablePass Action details Meeting details
6/23/20081 Columbus City Council Tabled to Certain DatePass Action details Meeting details
6/23/20081 Columbus City Council ReconsideredPass Action details Meeting details
6/23/20081 Columbus City Council Tabled to Certain DatePass Action details Meeting details
6/16/20081 Columbus City Council Tabled IndefinitelyPass Action details Meeting details
6/16/20081 Columbus City Council Taken from the TablePass Action details Meeting details
6/9/20081 Columbus City Council Tabled to Certain DatePass Action details Meeting details
6/9/20081 Columbus City Council Taken from the TablePass Action details Meeting details
5/19/20081 Columbus City Council Tabled IndefinitelyPass Action details Meeting details
5/8/20081 Dev Drafter Sent for Approval  Action details Meeting details
5/8/20081 DEVELOPMENT DIRECTOR Reviewed and Approved  Action details Meeting details
5/8/20081 Dev Drafter Sent for Approval  Action details Meeting details
5/8/20081 CITY ATTORNEY Reviewed and Approved  Action details Meeting details
5/8/20081 Dev Drafter Sent to Clerk's Office for Council  Action details Meeting details
Explanation

BACKGROUND: The need exists to enter into an Enterprise Zone Agreement with 770 West Broad AGA LLC and Anchor Management Group, Inc. The Ohio Enterprise Zone law O.R.C. Section 5709.62 (3) requires the City to enter into a Council-approved agreement between the City and participating companies.

770 West Broad AGA LLC is a subsidiary of Anchor Management Group, Inc., a consortium of real estate, construction, retail, management, accounting and architectural entities headquartered in Columbus, Ohio. Larry Gunorek and Jason Gunorek (father and son) are the main principles in the company. The site will be used to consolidate the State of Ohio Department of Rehabilitation and Corrections that will include the relocation of 600 current employees. 770 West Broad AGA LLC will be the property owner and Anchor Management Group, Inc. will be the employer. The project will include an investment of $7 million in acquisition costs, new construction and real property improvements. Action Management Group, Inc will create 2 full time permanent positions.

The Department of Development recommends a 75%/10 year Enterprise Zone tax abatement The proposal is consistent with the Columbus Tax Incentive Policy under Edge City projects. The Columbus Public Schools have been advised of this project.

Emergency action is requested to facilitate a project start date of June 2008.

FISCAL IMPACT: No funding is required for this legislation.


Title

To authorize the Director of Development to enter into an Enterprise Zone Agreement with 770 West Broad AGA LLC and Anchor Management Group. ; and to declare an emergency.


Body

WHEREAS, the Columbus City Council authorized the designation of the Enterprise Zone by legislation, Ordinance Number 779-85, dated April 22, 1985; and subsequently amended the Zone by Ordinance Nos. 2722-85 in 1986; 2080-89 in 1989; 1949-92, 2609-92 and 2249-92 in 1992; 1079-94 and 1228-94 in 1994; 2196-95 and 2817-95 in 1995; ...

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