Explanation
This ordinance authorizes the City Clerk to enter into a grant agreement with the Columbus Downtown Development Corporation (CDDC), a non-profit organization, in support of Common Thread.
Common Thread, Downtown Columbus’ newest fashion and lifestyle shopping destination, opened on October 14 marking the return of shopping to an area with a robust retail history. Already, the six new stores have generated buzz with fashion lovers, residents and media.
Heading into the holiday shopping season, CDDC is committed to bolstering these stores in their nascence to help them succeed Downtown. This includes utilizing all digital and physical assets to promote Common Thread, especially capturing the audience already onsite at Columbus Commons for Holiday Lights.
This grant will support the Columbus Downtown Development Corporation’s efforts toward marketing Common Thread for upcoming events.
Fiscal Impact: Funding is available within the Neighborhood Initiatives subfund.
Emergency action is requested in order to provide the Columbus Downtown Development Corporation with the resources immediately for the execution of the marketing plan.
Title
To authorize the City Clerk to enter into a grant agreement with the Columbus Downtown Development Corporation in support of Common Thread; to authorize an appropriation and expenditure within the Neighborhood Initiatives subfund; and to declare an emergency. ($26,600.00)
Body
WHEREAS, Common Thread, Downtown Columbus’ newest fashion and lifestyle shopping destination, opened on October 14; and
WHEREAS, the six new stores have generated buzz with fashion lovers, residents and media; and
WHEREAS, heading into the holiday shopping season, CDDC is committed to bolstering these stores in their nascence to help them succeed Downtown; and
WHEREAS, an emergency exists in the usual daily business of the Clerk's Office in that it is immediately necessary to authorize the Clerk to enter into a grant agreement t...
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