Skip to main content
File #: RES-0005-2008    Version: 1 Name: Economic Stimulus Package
Type: Resolution Status: Denied
File created: 5/5/2008 In control: City Council
On agenda: Final action: 5/5/2008
Title: EXPRESSING SUPPORT FOR THE $1.57 BILLION BIPARTISAN ECONOMIC STIMULUS PACKAGE AND THE IMPORTANT BENEFITS THE INITIATIVE WILL BRING TO OHIO'S REGIONS, COMMUNITIES AND CITIZENS.
Indexes: RESOLUTION
Title
EXPRESSING SUPPORT FOR THE $1.57 BILLION BIPARTISAN ECONOMIC STIMULUS PACKAGE AND THE IMPORTANT BENEFITS THE INITIATIVE WILL BRING TO OHIO'S REGIONS, COMMUNITIES AND CITIZENS.

Drafter
ils

Body
WHEREAS, the Bipartisan Economic Stimulus Package promises to create new jobs in Ohio and lays the foundation for long-term economic prosperity in our state; and

WHEREAS, the initiative both focuses investment in new opportunities for Ohio's economic future, provides significant funding in partnership with local governments to address Ohio's critical infrastructure needs and will better position our state, regions and communities to attract and create economic growth for decades to come; and

WHEREAS, Building Ohio Jobs will invest $400 million in the Public Works Commission and $120 million in Historic Preservation Tax Credit allowing Ohio to quickly infuse resources into communities, meet their critical infrastructure needs, and make Ohio's communities places where people want to live and companies want to do business; and

WHEREAS, Building Ohio Jobs will invest $400 million in the Clean Ohio Fund and will help meet the growing demand for brownfield redevelopment and farmland preservation, as well as support trails and green space preservation projects; and

WHEREAS, Building Ohio Jobs will invest $300 million in Advanced and Renewable Energy, Bio-based Products and the Biomedical Industry that will create jobs, new products from the crops we grow, encourage innovation, and position Ohio as a national leader in new and emerging industries; and

WHEREAS, Building Ohio Jobs will invest $100 million in Ohio's Logistics and Distribution Infrastructure and will help create a seamless multimodal transportation infrastructure across the state, linking rails, roads, waterways and airports that combined with Ohio's strategic location, will spur economic development and further attract and create jobs in our state; and

WHEREAS, the City of Gahanna h...

Click here for full text