Board of directors passed resolution to support funding of capital improvements
Columbus, OH – The Board of Directors of the Columbus Chamber today passed a resolution supporting the City of Columbus’ Bond Package, which would enable up to $842 million to be invested to help fund capital improvements, strengthen neighborhoods and support job growth.
If passed, the funds will be invested between four areas – Safety & Health, Recreation & Parks, Public Service, and Public Utilities – allowing the city to secure debt instead of raising income and property taxes.
“This Bond package, which does not raise taxes on citizens or businesses, gives the City of Columbus the continued authority to borrow money at a favorable rate to address capital needs,” said Michael Dalby, president and CEO, Columbus Chamber. “The city’s proven fiscal management history, as well as Chamber’s commitment to facilitate existing business growth, prompted the Board’s support of the Bond package.”
To read the official resolution, visit columbus.org.
About the Columbus Chamber
The Columbus Chamber provides connections, resources and solutions to help businesses thrive. Founded nearly 130 years ago, the Columbus Chamber has evolved to become the largest business services organization and primary advocate for the Columbus Region business community. Leveraging a customized, consultative approach to support members that range from small businesses to Fortune 500 enterprises, the Columbus Chamber is helping to grow the Columbus Region economy one business at a time. For more information, visit columbus.org.