Explanation
BACKGROUND
This resolution is presented as a result of Columbus City Council Resolution Ordinance No. 1231-2017, declaring that the establishment of the Jeffrey Park New Community Authority, (the “AUTHORITY”) will be conducive to the public safety, convenience, and welfare and is intended to result in appointing Members to the associated Board of Trustees of the Authority (the, “BOARD OF TRUSTEES”). This resolution is to appoint Members to the Board of Trustees following the terms of the Members appointed by Resolution No. 1231-2017 passed on July 10, 2017. Emergency action is requested on this legislation to provide for the appointment of Members to the Board of Trustees.
FISCAL IMPACT
No funding is required for this legislation
Title
To appoint a Member to the Board of Trustees of the Jeffrey Park New Community Authority as required by Chapter 349 of the Ohio Revised Code; and to declare an emergency
Body
WHEREAS, Weinland Park Development, LLC, Weinland Park Homes, LLC and Jeffrey New Day LLC, as successor developer to Jeffrey Place Development LLC (collectively, the “DEVELOPER”), filed a petition to enable the redevelopment of that property as contemplated in the Economic Development Agreement between the City and Wagenbrenner Development, Inc. dated August 29, 2008; and
WHEREAS, the Jeffrey Park New Community Authority is located entirely within the municipal corporate boundaries of the City, a municipal corporation, and this Council, as the legislative authority of the City, is therefore the organizational board of commissioners for the Jeffrey Park New Community Authority; and
WHEREAS, this Council, as the organizational board of commissioners, enacted Ordinance No.1231-2017 on May 22, 2017, the Board of Trustees of the Authority shall be composed of seven (7) members and that as authorized by Section 349.04 of the Ohio Revised Code, the following alternative method of selecting successor Board members is hereby adopted: three members ...
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