Funds

‘Short-term’ deal would provide city funds for Canal Winchester chamber

The Canal Winchester Area Chamber of Commerce is getting a financial boost from the city, which has agreed to fund a full-time executive director to focus on strategic planning and increasing membership.

The agreement approved 5-1 by City Council on Nov. 7 would provide funding for at least two years – $64,160 in year one and $66,845 in year two.

Guests file outside for a ribbon-cutting ceremony March 28 for Canal Winchester's new City Hall, 45 E. Waterloo St.

Council has the option to fund a third year at $68,580, according to the ordinance, which also spells out terms and conditions of accountability that include year-over-year membership growth of 15% annually; identifying “new, diverse revenue streams”; and “incremental” revenue growth of $12,000 in year one, $30,000 in year two and “self-sufficiency” by the end of year three.

What the ordinance doesn’t spell out yet is where the money is coming from.

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