header-left
File #: 1524-2017    Version: 1
Type: Ordinance Status: Passed
File created: 6/2/2017 In control: Economic Development Committee
On agenda: 7/10/2017 Final action: 7/12/2017
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)
Attachments: 1. ORD1524-2017 2017 Fund 1000 Create Columbus Commission YP

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 through the City of Columbus and is accountable to the stakeholders, Mayor Andrew J. Ginther and City Council President Zachary M. Klein; and

 

WHEREAS, the Columbus Foundation and the City of Columbus desire to continue the Create Columbus Young Professionals Grants Program; and

 

WHEREAS, the City of Columbus will provide up to $80,000 to fund  grants to qualified young professional initiatives and operational support for the Commission; and

 

WHEREAS, the Columbus Foundation will provide Fiscal Management of the Young Professionals Grants Program and operational support; and

 

WHEREAS, emergency action is necessary to allow the Columbus Foundation to continue the Create Columbus Young Professionals Grants Program in a timely manner; and

 

WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the Director to enter into an agreement with the Columbus Foundation to allow the Columbus Foundation to establish this grant opportunity effective Summer 2017, thereby preserving the public health, peace, property, safety and welfare; NOW THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

 

SECTION 1.                     That the Director of the Department of Development is hereby authorized to enter an agreement with the Columbus Foundation to support the Create Columbus Young Professionals Grants Program.

 

SECTION 2.                     That for the purposes stated in Section 1, the expenditure of $80,000 or so much thereof as may be needed, is hereby authorized in Fund 1000 General Fund in Object Class 03 Contractual Services per the accounting codes in the attachment to this ordinance.

 

SECTION 3.                     That this contract is awarded in accordance with the relevant provisions of City Code Chapter 329 relating to not-for-profit service contracts. 

 

SECTION 4.                      That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.

 

SECTION 5.                     That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor or ten days after passage if the Mayor neither approves nor vetoes the same.