Explanation
BACKGROUND: This Ordinance amends the Weinland Park Community Reinvestment Area (Weinland Park CRA) renewed by Ordinance 1716-2012. This amendment will expand the boundaries of the existing Community Reinvestment Area.
The goal of amending the Weinland Park CRA is to expand neighborhood revitalization efforts, stabilize and increase school enrollment, and increase single-family and rental housing development in the area. This ordinance is amending Section 2 of Ordinance 1716-2012. Except as provided in this Ordinance, all other provisions of the Original CRA as previously amended shall remain in full force and effect.
Emergency action is being requested so that this amendment can take effect as soon as possible in order to coincide with new housing developments planned for the area.
FISCAL IMPACT: No funding is required for this legislation.
Title
To expand the Weinland Park Community Reinvestment Area; to authorize real property tax exemptions as established in the Ohio Revised Code; and to declare an emergency.
Body
WHEREAS, the City desires to expand the boundaries of the Weinland Park CRA by adding parcels to the existing Weinland Park CRA as amended by Ordinance 1716-2012; and
WHEREAS, a survey of housing (see Exhibit 1) as required by Ohio Revised Code (ORC) Section 3735.66 has been prepared and included in this proposed amended Community Reinvestment Area; and
WHEREAS, the goal of amending the Weinland Park CRA is to expand neighborhood revitalization efforts, stabilize and increase school enrollment, and increase single family and rental housing development in the area; and
WHEREAS, an emergency exists in the daily operations of the Department of Development so that these amendments can take effect as soon as possible in order to coincide with new housing developments planned for the area thereby preserving the public health, safety, and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That Section 2 of Ordinance 1716-2012 is hereby amended to read as follows.
That Section 2 of Ordinance 2156-2011 is hereby amended to read as follows.
Section 2. Pursuant to ORC Section 3735.66, the CRA established by the Original CRA Ordinance is hereby reaffirmed in the following described areas in Exhibit 2:
DESCRIPTION OF PROPERTY
Weinland - Park University/ Area F
The following real estate situated in the City of Columbus, County of Franklin and State of Ohio.
All residentially-zoned properties within the following boundaries:
Weinland Park - University/ Area F is hereby established in the following described area:
North: Bounded by Hudson Street (including the rear property lines on the north side of Hudson).
South: Bounded by East Fifth Avenue (including rear property lines on the south side of East Fifth Avenue).
West: High Street (including rear property lines on the west side of High Street between W. Fifth Ave and E. Eleventh Ave; and between W. Lane Ave and W. Hudson St.).
East: Interstate 71 and Cleveland Ave between E. Fifth Ave and E. Third Ave.
The CRA is approximately depicted on the map attached to this Ordinance, as Exhibit 3, and by this reference incorporated herein.
Only residentially zoned properties or residentially-used conversion properties consistent with the applicable zoning regulations and variances thereto within the designated CRA will be eligible for exemptions under this Program.
This Ordinance, all Ordinances amending the CRA, and the Original CRA Ordinance will provide an exemption from real property tax on the increased valuation on previously commercial buildings that are converted to owner-occupied housing units, on single-family homes, on multi-family owner occupied housing, on existing residential rental properties, on existing multi-family housing units within the established boundaries and on construction of new rental housing located within the established boundaries.
SECTION 2. The Clerk of this Council is directed to forward a copy of this Ordinance as passed to the Franklin County Auditor for information and reference, and the Clerk of this Council is further directed to cause notice of the passage of this Ordinance to be published in a newspaper of general circulation in the City once a week for two consecutive weeks immediately following its passage, as required by Section 3735.66 of the Ohio Revised Code.
SECTION 3. Except as provided in this Ordinance, all other provisions of the Original CRA Ordinance as previously amended shall remain in full force and effect.
SECTION 4. For the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.