Explanation
BACKGROUND: The Create Columbus Commission (CCC) was established in 2007 by former Mayor Michael B. Coleman, former City Council President Michael C. Mentel, and former Chamber of Commerce CEO Ty Marsh. Today CCC is funded through the City of Columbus and is accountable to its stakeholders, Mayor Andrew J. Ginther and City Council President Zachary M. Klein.
The CCC believes that the City of Columbus will be better positioned to attract and retain talent if there are young professionals at the decision making table co-creating a forward-thinking city with a vibrant, accessible, and integrated urban environment that is a magnet for talent.
The City of Columbus will contract with the Columbus Foundation to administer the Create Columbus Young Professionals Grants Program. The mission of the Create Columbus grants program is to support initiatives by and for young professionals. Each applicant can request any amount up to $10,000, keeping in mind the goal of the program is to provide strategic funding for innovative efforts with broad reach.
This legislation authorizes the Director of the Department of Development to enter into an agreement with the Columbus Foundation in the amount of $80,000 to continue the Create Columbus Young Professionals Grants Program, a component of the attraction and retention initiative. The Columbus Foundation will provide fiscal oversight of the grants program.
Emergency action is requested to allow the Columbus Foundation to establish this grant opportunity effective Summer 2017.
FISCAL IMPACT: Funds for this contract are provided from the 2017 General Fund Budget.
Title
To authorize the Director of the Department of Development to enter into an agreement with the Columbus Foundation to support the Create Columbus Young Professionals Grants Program; to authorize the expenditure of $80,000.00 from the General Fund; and to declare an emergency. ($80,000.00)
Body
WHEREAS, the Create Columbus Commission is funded...
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