Label
5/3rd Donation Business Navigator
Neighborhoods
Amy Odum (x3647)
(Revised)
Title
Authorizing the acceptance and deposit of $15,000 from the Fifth Third Bank Community Sponsorship Program to support the contract for Business Navigator Services with the Lucas County Commissioners; authorizing the appropriation and expenditure of $15,000 from the General Fund for this purpose; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
To support the growth of economic development and business creation within the City of Toledo, Fifth Third Bank has awarded a sponsorship of $15,000 to underwrite the contract for the positon of City of Toledo Business Navigator. The award will be applied as payment to the contact between the City of Toledo and the Lucas County Commissioners for the services of a Business Navigator for one year from time of contract between the City of Toledo and the Lucas County Commissioners. Services are as defined within contract entered by the City of Toledo and the Lucas County Commissioners.
The fiscal impact of this ordinance is as follows:
- The amount of funds requested: $15,000
- The expenditure budget line item: General Fund 1001-16400-5632006STDSTD $15,000
- New revenue generated (operational revenue, grants, if any): Sponsorship Award
- Revenue budget line item (if any): none
- Are funds budgeted in the current fiscal year (yes/no)?: NO- new award
- Is this a capital project (yes/no)? no
- If yes, is it new or existing (new/existing)? new
- What section of the City's Strategic Plan does this support:
o Excellence in Basic Services (yes/no) yes
o Quality Community Investment (Livable City, Development) (yes/no) yes
o Workplace Culture & Customer Service (yes/no)
o Environment (yes/no)
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the mayor is authorized to accept and deposit an amount of $15,000 f...
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