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File #: 2079-2018    Version: 1
Type: Ordinance Status: Passed
File created: 7/11/2018 In control: Economic Development & Small Business Committee
On agenda: 7/30/2018 Final action: 8/3/2018
Title: To authorize and direct the City Auditor to transfer an amount not to exceed $13,489,810.75 within the General Fund; to authorize and direct the City Auditor to appropriate and transfer $3,372,452.69 in cash from the Special Income Tax Fund to the General Fund; to authorize and direct the City Auditor to make payments not to exceed a total of $13,489,810.75 in accordance with the Jobs Growth Incentive (JGI) Program for the thirty-two (32) active and reporting JGI projects for which employers have met the requirements of their JGI agreements and thus are eligible to receive their payments for tax year 2017 (also calendar year and/or report year) in 2018; to authorize the expenditure not to exceed of $13,489,810.75 from the General Fund; and to declare an emergency. ($13,489,810.75)
Attachments: 1. ORD2079-2018 03 DAX 2018 JGI Payment Work Sheet
Explanation
BACKGROUND: This legislation authorizes the payments to employers who have met the requirements of their Jobs Growth Incentive Program (JGI) agreement and are eligible for payment for the 2017 reporting (tax) year. Emergency action is requested so that the City can authorize payment by the end of the second quarter of this year in accordance with the Jobs Growth Incentive Program agreements.

For tax year 2017 (also calendar year and/or report year), the City of Columbus had a total of thirty-two (32) active and reporting JGI projects for which employers have met the requirements of their JGI agreements and thus are eligible to receive their payments for calendar year 2017. The total dollar amount to be disbursed for these thirty-two (32) 2017 JGI payments is $13,489,810.75. The thirty-two (32) projects with the JGI payment subtotals are as follows: (1) $14,424.10 to BDO USA, LLP; (2) $2,959.13 to Butler Animal Supply, LLC dba Henry Schein Animal Health; (3) $5,277.03 to ComResource, Inc.; (4) $14,863.09 to ContactUS, LLC; (5) $28,736.99 to Core Molding Technologies, Inc.; (6) $2,072.64 to The Crimson Cup, Inc.; (7) $6,671.74 to Daifuku America Corporation; (8) $270,166.20 to DSW Inc. & Subsidiaries dba DSW, Inc.; (9) $11,999.52 to Engineered Profiles LLC; (10) $354.81 to FacilitySource, LLC; (11) $10,445.93 to FedEx Supply Chain, Inc.; (12) $10,200.87 to FlightSafety International, Inc.; (13) $5,589.94 to Food Safety Net Services, Ohio, LLC; (14) $2,991.45 to G&J Pepsi-Cola Bottling Company, Inc.; (15) $11,557.97 to Highlights for Children, Inc.; (16) $4,226.68 to Huckberry, Inc.; (17) $2,217,246.26 to The Huntington National Bank; (18) $52,445.53 to Information Control Company LLC; (19) $2,409,704.35 to JPMorgan Chase & Co.; (20) $3,100.17 to The Kroger Company dba Central Fill; (21) $76,616.61 to The Loeb Electric Company; (22) $694,942.03 to Nationwide Children’s Hospital, Inc.; (23) $3,295,119.58 to Nationwide Mutual Insurance Company; (24) $3,8...

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