Press Release:
Central Ohio Executives Agree on Unprecedented Plan for Economic Cooperation
Mayors, city managers and city administrators from 12 Franklin County jurisdictions have reached consensus on an economic cooperation agreement. Under the proposal, the participating municipalities would collectively focus their economic development energies on bringing new jobs to Central Ohio while curbing the practice of taking jobs from one jurisdiction to another in the same region. If the proposal is ratified by the jurisdictions’ legislative bodies, each city would agree not to offer economic development incentives to move existing jobs from another participating jurisdiction.
If a business were to consider moving from one participating municipality to another, the cities would be required to communicate directly with each other throughout the process and incentives could only be offered for new jobs. Municipalities could continue to use all the economic development tools in their arsenals in order to retain jobs and bring new jobs from outside the region.
Participating municipalities include: Bexley, Columbus, Gahanna, Grandview Heights, Grove City, Groveport, Hilliard, New Albany, Obetz, Reynoldsburg, Upper Arlington and Worthington. The group is working with three additional Franklin County jurisdictions to join the agreement and will invite additional jurisdictions in neighboring Central Ohio counties to join in the future. The participating executives will ask their city councils to approve legislation ratifying the agreement by the end of May.