Explanation
BACKGROUND: This ordinance authorizes a grant agreement in the amount of $100,000 between Columbus City Council and Columbus Fashion Initiative for the provision of business development services.
Columbus Fashion Initiative will receive funding for small business development services and place-based economic development that will include work-based collaboration, training, and career and entrepreneurial opportunities.
Support of this initiative aligns with Columbus City Council’s priorities of building strong neighborhoods, promoting the creation of good-paying jobs, and developing pathways out of poverty.
Emergency action is necessary due to the time-sensitive deadlines for the start of operations.
FISCAL IMPACT: Funding for this appropriation is allocated from the Job Growth subfund.
Title
To authorize Columbus City Council to enter into a grant agreement with Columbus Fashion Initiative for the provision of business development services; to authorize an appropriation and expenditure of $100,000.00 from the Job Growth subfund; and to declare an emergency. ($100,000.00)
Body
WHEREAS, it is a top priority of Columbus City Council to support efforts that build strong neighborhoods, promote the creation of good-paying jobs, and develop pathways out of poverty; and
WHEREAS, Columbus Fashion Initiative has submitted a grant application seeking financial assistance for fashion-related economic development; and
WHEREAS, City Council is authorized to allocate funds annually to assist agencies in the City with the operating costs of delivering programs; and
WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary to authorize Council to enter into a grant agreement with Columbus Fashion Initiative and appropriate said funds to have funding available for necessary expenditures due to the time-sensitive deadlines of the initiative, for the public health, safety and welfare; NOW, THEREFOR...
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