Explanation
BACKGROUND: Ordinance 1685-2020 passed by Council on November 9, 2020 (the “Rezoning Ordinance) rezoned the property at the northeast, southwest, and southeast corners of Alton & Darby Creek Road and Renner Road and generally located at 1980 Alton & Darby Creek Road (tax parcel ID’s 203-299511, 203-299510, 203-299512, 203-299509, 203-299508, 203-299507, and 125-299513, the “Developers’ Property”) now owned or controlled by Pulte Homes of Ohio LLC and Harmony Development Group, LLC (collectively, the “Developers”). Consistent with Resolution 0216X-2008 adopted by Council on April 20, 2009 and the Rezoning Ordinance, the Developers’ Property is subject to the requirements of the “Big Darby Revenue Program.” Pursuant to Ordinance 1557-2020 passed by Council on November 16, 2020, the Director of Development entered into an agreement dated March 10, 2021 with the Developers (the “Big Darby Agreement”) to outline the plans and respective commitments of the City and the Developers for the fulfillment of Big Darby Revenue Program requirements, including establishing the Sugar Farm-Renner South New Community Authority (the "Authority") in relation to the Developers’ Property. On July 14, 2021, a petition for the organization of the Authority (the “Petition”) was filed by the Developers with the Clerk of City Council. By Resolution 0118X-2021 passed July 19, 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 August 23, 2021 on the Petition. This resolution establishes the Authority; defines the boundaries of the Sugar Farm-Renner South 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 su...
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