Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to apply for and accept a $1,000,000 grant from the Roadwork Development (629) Account of the Ohio Development Services Agency (ODSA), contingent on State Controlling Board approval, and a $500,000 grant from the Ohio Department of Transportation (ODOT) for costs associated with the completion of public roadwork improvements in support of the relocation and expansion of operations committed to by OhioHealth Corporation (“OhioHealth”). At the end of the grant period, any repayment of unencumbered balances required by the grantor is hereby authorized and any unused City match monies may be transferred back to the City fund from which they originated in accordance with all applicable grant requirements.
OhioHealth Corporation is an Ohio nonprofit corporation originally formed in 1891 to operate a sole hospital, known as the Protestant Hospital Association of Columbus, and has grown to become a multi-hospital health care system. The OhioHealth [hospital network] System includes ten hospitals that are owned by OhioHealth or another member of the OhioHealth System and one joint venture, Ohio Rehabilitation Hospital. Those eleven hospitals collectively have approximately 28,000 full and part-time employees, physicians on staff, and volunteers.
OhioHealth is investing an estimated $89 million to construct (±) 270,000 square feet of administrative office space and associated parking on the site of a former distribution center located at 3420 Olentangy River Road Columbus, Ohio 43214 (parcel number 010-183740) (“Project Site”). OhioHealth commits to invest in both real and personal property and achieve the outlined employment commitments defined herein within a defined geographic area along Olentangy River Road and on Chatham Lane, known as the “Olentangy River Road Corridor”.
In total, OhioHealth commits to achieve an employment level of 2,533 full-time, non-contingent, ...
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