Fiscal Note
A review of the fiscal impact is not yet completed.
Title
Creating Section 4.27 of the Madison General Ordinances to encourage City purchasing cardholders to select local vendors when making purchases.
Body
DRAFTER'S ANALYSIS: This ordinance defines local vendor and encourages City purchasing cardholders to select local vendors when making purchases.
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The Common Council of the City of Madison do hereby ordain as follows:
Section 4.27 entitled "Local Vendor Preference - Purchasing Cards" of the Madison General Ordinances is created to read as follows:
"4.27 LOCAL VENDOR PREFERENCE - PURCHASING CARDS.
(1) Intent. The City of Madison expends millions of dollars annually through its employees' use of City-issued purchasing cards for the procurement of supplies and commodities. Historically a little less than half the dollar amount of these purchases have been made from vendors with local addresses. The City hereby finds and declares that the City's purchase of supplies and commodities from local vendors provides tangible benefits by strengthening the local economy, reducing negative environmental impacts and promoting more socially conscious consumers. It is the City's intent to encourage its employees to select Local Vendors when making purchases with the City's purchasing cards.
(2) Definitions. In this Section:
(a) "Local Vendor" means a person, corporation, limited liability company or partnership that has a physical location in the Local Economic Region, has 51% or more of its employees residing in the Local Economic Region, is Locally Owned, or is Locally Sourced.
(b) "Local Economic Region" means Dane, Columbia, Dodge, Green, Iowa, Jefferson, Rock and Sauk Counties.
(c) "Locally Owned" means that 51% or more of a vendor's owners or investors physically reside within the Local Economic Region.
(d) "Locally Sourced" means that 15% or mor...
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