Explanation
BACKGROUND: Ordinance 1699-2020 passed by Council on November 16, 2020 (the “Rezoning Ordinance) rezoned the property at or near the northwest corner of the intersection of West Broad Street and Doherty Road and generally located at 5960 West Broad Street (tax parcel ID 570-184818, the “Developer Property”) now owned by Crown Pointe, LLC, an affiliate of Metro Development, LLC (collectively, the “Developer”) and tax parcel ID 570-301099 (the “Adjacent Property”). Consistent with Resolution 0216X-2008 adopted by Columbus City Council on April 20, 2009 and the Rezoning Ordinance, the Developer Property and Adjacent Property are subject to the requirements of the “Big Darby Revenue Program.” Pursuant to Ordinance 2535-2020 passed by Council on November 23, 2020, the Director of the Department of Development entered into an agreement dated December 1, 2020 with the Developer (the “Big Darby Agreement”) to outline the plans and respective commitments of the City and the Developer for the fulfillment of Big Darby Revenue Program requirements, including establishing the Big Darby West Broad Street New Community Authority (the "Authority") in relation to the Developer Property. On April 7, 2021, a petition for the organization of the Authority (the “Petition”) was filed by the Developer with the City Clerk. By Resolution 0060X-2021 passed April 26, 2021, City Council, as the organizational board of commissioners described and required by Chapter 349 of the Ohio Revised Code, determined the sufficiency of the Petition, authorized a public notice, and set a public hearing date for May 20, 2021 on the Petition. This resolution establishes the Authority; defines the boundaries of the Big Darby West Broad Street New Community District; declares the Authority to be a body politic and corporate within the new community district along with its associated board of trustees; makes the City’s initial appointments to the Authority’s board of trustees and to fix surety fo...
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