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Ohio Issue 1 and Issue 2

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“You gotta spend money to make money” Ohio’s Third Frontier

Ohio Issue 1

This May, the Ohio legislature would like to request Ohioans approve a $700 million dollar bond issue (Issue 1)  to renew the state funding of this program that has created thousands of new Ohio jobs. The Bond issue will allow the state to extend the Third Frontier program from 2012 through 2016. This program has awarded nearly $6 billion dollars to nearly 600 companies according to Lisa Patt-McDaniel, director of the Ohio Department of Development. Those companies have used the funds to raise nine-times that amount in private investment and the program is credited with creating nearly 50,000 jobs.

“When you’ve got something that is successful, now is the time to take advantage of the opportunity,” said Jo Ann Davidson, a former Ohio House speaker and Republican National Committee co-chairwoman.

Just last Monday, Dayton businesses received an award of $5.4 million to study advanced material research and development. This money will help to fund research within our public universities (Wright State, UD, Sinclair, etc.) as well as privately held companies like YSI in Yellow Springs, Innova in Centerville, Persistent Surveillance Systems in Xenia, Beavercreek-based Materials Research Institute and Springboro-based Renegade Materials Corp along with about 20 other area companies.

Last week’s awards are part of nearly $5 million in funding through the Ohio Third Frontier Sensors Program and more than $5.7 million in funding through the Ohio Third Frontier Advanced Materials Program.

Voters will have the opportunity to approve Ohio’s venture capital funding of small research and development firms that will help to spur additional private investment and growth for area businesses.

Can we Please move the Casino?

Ohio Issue 2

Detractors of Ohio casino gambling last November rallied to ensure that having specific businesses (casinos) indicated in specific areas (Columbus, Cleveland, Cincinnati and Toledo) would not be added to the Ohio Constitution. Their major concern was that it was a very narrow amendment being added to a very important and broad document.

The voters in November however did approve the amendment to Ohio’s governing document. Unfortunately the leaders in Columbus are now unhappy with the placement of the Casino in the Arena District, and by joint resolution are requesting that it be moved to the outskirts of town as to not disturb the family-friendly environment. If the voters don’t want to vote in favor of this new amendment of the State Constitution, the casino will begin digging downtown in the Arena District.

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  • patvross

    As I see it , Issue 2 is asking voters to approve a different site of the Columbus casino. It seems that Columbus really does not want a casino and the Mahoning Valley really does, but the voting issue just moves the casino from one Columbus site to another. What ever happen to listening to the citizens of Ohio?

  • http://www.lightbulbsrus.com/ Light Bulbs

    I haven't read the ballot language on issue one but from what I read here it sounds like issue one would help capital improvements and research developement for private enterprises here in Ohio. Sound like a winner to me.

  • Neal Hicks

    I am SO voting against Issue 2.The people spoke again and again against casinos in Ohio, but this latest company was smart and paid off unions and paid off the police and now, comically, a carveout for a specific business is in the Ohio Constitution.Family freindly? The city fathers didn't know what casino's are like? Oh, we didn't know you meant a CASINO, we don't want that stinky thing (we insisted on) in our shiny happy entertainmentplex. Let's hide it out in some poor suburb, they are used to crime and blight.Heck with that. You wanted the stinky casino, you GOT your stinky casino and your payoffs. Start digging.

  • Kneepayne

    RE: Issue 1….. Ohio's unemployment rate is 11%. The third frontier is really working, but 11% of Ohioans aren't….. Hmmmmm

  • Kent

    This is a waste of taxpayer money. Why do taxpayers have to foot the bill? The documentation of jobs created is very weak. This is like the "green jobs" religion which is infecting our country now – where only "green" jobs are worthwhile. Of course green jobs are not real jobs – they are taxpayer subsidized temporary jobs to do something that the free market does not want done at market prices, or it would already be doing it. If the Third Frontier is so great at creating jobs at $700 million, why not triple the amount. Let's spend $2 trillion and create three times as many jobs. The effect of this if passed is to take $700 million in private money from citizens where it is being used productively and shift it to non-productive government waste. This program is perfectly emblamatic of why Ohio is putting the big L for Loser on our state. We are trying to out Michigan Michigan in devising stupid wastelful programs that saddle the citizens and businesses with high taxes and regulations. Ohioi will have no residents in a decade. Ohio deserves the L if this bill passes.

  • Neal Hicks

    Sweeping generalization much? I remember this rhetoric in the federal jobs bill when people said some of the jobs were with the National Park Service, and somehow those weren't "real jobs."By your logic, let's stop farm subsidies, I mean, they aren't "real jobs" but just temporary jobs propped up by taxpayer dollars for things the free market does not want done at market prices, right? Fly that up a flagpole and see who salutes.Funny how encouraging actual jobs making things like solar panels and advanced technology are "temporary" and meaningless, while things that benefit coal and oil and rich people are held up as the ideal. We'll run out of oil and coal well before we run out of sunlight and wind, who's temporary now?

  • JR

    Kent – You have been greatly mis-informed. I currently work at a company that has benefitted from Issue 1. We have hired 20 new employees with help from the Third Frontier and I assure you these are not temporary jobs. I am just one person. There are 100's of others like me with the same story.

  • JR

    Kent – You have been greatly mis-informed. I currently work at a company that has benefitted from Issue 1. We have hired 20 new employees with help from the Third Frontier and I assure you these are not temporary jobs. I am just one person. There are 100's of others like me with the same story.