JobsOhio may finally get its $100 million for economic development.
Gov. John Kasich’s privatized, nonprofit development agency announced this morning it will
proceed with issuing about $1.5 billion in bonds to complete a complicated leased of the state of
Ohio’s wholesale liquor profits stream. The move was triggered by two bond-rating agencies awarding
high ratings to the bonds JobsOhio will use to fund the lease.
The Ohio Supreme Court has yet to rule on whether the liberal policy group ProgressOhio and
some Democratic lawmakers have standing to sue JobsOhio – an ongoing legal case that has prevented
JobsOhio and the state from completing the lease.
Place marketing means designing a place to satisfy the needs of its target markets. It succeeds when citizens and businesses are pleased with their community, and the expectations of visitors and investors are met.
The potential target markets of place marketing are defined as place customers, which are producers of goods and services, corporate headquarters and regional offices, outside investment and export markets, tourism and hospitality, and new residents.