Explanation
BACKGROUND: The Columbus Department of Development is proposing to enter into a Columbus Downtown Office Incentive with Ringside Search Partners and Ringside Temps, LLC, dba: Ringside Staffing, LLC.
Ringside Search and Staffing are professional search and consulting firms specializing in permanent, temporary, and project staffing. From everyday recruiting needs to complex business transformation projects, Ringside has continually assisted clients with innovations and thought leadership.
Founded in 2009 by Chris Fackler, President, Ringside assists its clients using a group of experienced search consultants, each of whom works closely with clients and candidates considering new positions. Ringside Search provides direct hire and full-time placements services for their clients. Ringside Staffing provides temporary and contract staffing for their clients.
Ringside Search Partners and Ringside Temps, LLC dba: Ringside Staffing, LLC are proposing to expand their corporate headquarters to a new area of downtown Columbus by investing approximately $500,000 in improvements, which includes inventory, furniture, and fixtures. The company will retain 14 full-time permanent positions with an associated annual payroll of approximately $603,000. In addition, the company will enter into a long-term lease agreement at 266 North Fourth Street in downtown Columbus and create 32 new full-time permanent positions with an annual payroll of approximately $1.56 million.
Ringside is requesting a 50 percent, five-year Downtown Office Incentive from the City of Columbus to assist in the expansion of its corporate headquarters.
FISCAL IMPACT: No funding is required for this legislation.
Title
To authorize the Director of the Department of Development to enter into a Columbus Downtown Office Incentive Agreement with Ringside Search Partners and Ringside Temps, LLC, dba: Ringside Staffing, LLC, as provided in Columbus City Council Resolution 0088X-2007, adopted June 4,...
Click here for full text