This ordinance authorizes the Director of the Department of Finance and Management to contract with the Franklin County Convention Facilities Authority to distribute an additional 2% of the 2026 Admissions Tax proceeds from the Facility Stabilization Fund. The funds, estimated at $870,000, are designated for infrastructure investment in Nationwide Arena. The ordinance also authorizes the appropriation and expenditure of these funds and declares an emergency.
To authorize the Director of the Department of Finance and Management to enter into contract with the Franklin County Convention Facilities Authority (FCCFA) for the purpose of distributing an additional two percent (2%) to the 2026 Admissions Tax proceeds from the Facility Stabilization Fund for the purpose of infrastructure investment in Nationwide Arena; to authorize the appropriation and expenditure of an estimated $870,000.00 from the Facility Stabilization Fund; and to declare an emergency. ($870,000.00)
What it does
- 1Authorize contract with Franklin County Convention Facilities Authority for additional 2% distribution of 2026 Admissions Tax proceeds.
- 2Appropriate and expend an estimated $870,000 from the Facility Stabilization Fund.
- 3Declare an emergency to expedite the ordinance's effect.
This ordinance authorizes the Director of the Department of Finance and Management to contract with the Franklin County Convention Facilities Authority to distribute an additional 2% of the 2026 Admissions Tax proceeds from the Facility Stabilization Fund. The funds, estimated at $870,000, are designated for infrastructure investment in Nationwide Arena. The ordinance also authorizes the appropriation and expenditure of these funds and declares an emergency.
Activity timeline
- Status changedImpact 50
2270-2026: Council Office for Signature → Passed
- Status changedImpact 30
2270-2026: Consent → Council Office for Signature
- ActionImpact 15
2270-2026 introduced (Ordinance)
Legislative history
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