Explanation
Background: The goal of a Community Reinvestment Area is neighborhood revitalization and stabilization.
This Ordinance will amend Ordinance 1723-2012, passed July 30, 2012, which amended Ordinance 0479-2011 that established the Fifth by Northwest Community Reinvestment Area (CRA). The purpose of amending the Ordinance is to add parcels within the boundaries of the area that have been recently annexed to the City of Columbus from Clinton Township and provide for real property tax exemptions for residentially-zoned and used parcels within the area.
Emergency action is being requested so that the additional parcels can be eligible for abatement as soon as possible.
Fiscal Impact: No fiscal impact. No funding is required for this legislation.
Title
To amend Ordinance 1723-2012 to add parcels within the boundaries of the Fifth by Northwest Community Reinvestment Area, authorizing real property tax exemptions as established in the Ohio Revised Code; and to declare an emergency.
Body
WHEREAS, Ordinance 0479-2011, passed April 4, 2011 created the Fifth by Northwest Community Reinvestment Area (CRA); and
WHEREAS, Ordinance 1723-2012, passed on July 30, 2012 amended the CRA to add parcels that were annexed into the City of Columbus after creation of the CRA; and
WHEREAS, additional parcels have been annexed into the City of Columbus since Ordinance 1723-2012 was passed; and
WHEREAS, the owners of these parcels wish to participate in the benefits available from the CRA; and
WHEREAS, a survey of housing (see Exhibit A) as required by Ohio Revised Code (ORC) Section 3735.66 has been prepared and included in this proposed Community Reinvestment Area; and
WHEREAS, the remodeling of existing buildings for residential use and construction of new residential structures in this Community Reinvestment Area would serve to encourage economic stability and maintain real property values; and
WHEREAS, the remodeling of existing buildings for residential use and the construction of new residential structures in this Community Reinvestment Area; and
WHEREAS, the proposal is a public/private partnership intended to promote and expand conforming uses in the designated area; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to amend said ordinance so that the additional parcels can be eligible for abatement as soon as possible, all for the immediate preservation of the public health, peace, property, safety and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That Section 2 of Ordinance 1723-2012 is hereby amended to read as follows.
Pursuant to ORC Section 3735.66, The Fifth by Northwest Community Reinvestment Area boundary is hereby established in the following described area:
North: Bounded by Kinnear Road (including rear property lines on the North side of Kinnear Road)
South: Bounded by W. Third Avenue (including rear property lines on the South side of W. Third Avenue)
West: Bounded by North Star Road (including rear property lines on the West side of North Star Road)
East: Bounded by Olentangy River Road (including rear property lines on the East side of Olentangy River Road)
The Community Reinvestment Area is approximately depicted as the area on the maps in Exhibit C, attached to this Ordinance; on the list of parcel numbers marked Exhibit D, and by this reference incorporated herein.
The Community Reinvestment Area is approximately depicted as the area on the maps in Exhibit B, attached to this Ordinance; on the list of parcel numbers marked Exhibit C and by this reference incorporated herein specifically including parcels 130-000500 which is being renamed 420-292054, 130-000815 which is being renamed 420-292055, 130-001064 which is being renamed 420-292056, 130-001112 which is being renamed 420-292057, 130-001391 which is being renamed 420-292058, 130-001392 which is being renamed 420-292059, 130-001394 which is being renamed 420-292060, 130-001396 which is being renamed 420-292061, 130-001401 which is being renamed 420-292062, 130-001506 which is being renamed 420-292063, 130-002352 which is being renamed 420-292064, 130-003897 which is being renamed 420-292065, 130-004874 which is being renamed 420-292066, 130-005575 which is being renamed 420-292067, 130-005576 which is being renamed 420-292068, 130-005577 which is being renamed 420-292069, 130-05578 which is being renamed 420-292070, 130-05579 which is being renamed 420-292071, and 130-006099 which is being renamed 420-292072 which were annexed by ordinance 0729-2013, 130-001397 which is being renamed 420-292040, 130-3898 which is being renamed 420-292041, 130-005040 which is being renamed 420-292042, 130-006130 which is being renamed 420-292043, 130-007169 which is being renamed 420-292044, and 130-011773 which is being renamed 420-292045 which were annexed by ordinance 0727-2013, 130-000506 which is being renamed 420-292046, 130-000508 which is being renamed 420-292047, 130-000512 which is being renamed 420-292048, 130-00513 which is being renamed 420-292049, 130-000514 which is being renamed 420-292050, 130-000515 which is being renamed 420-292051, 130-000516 which is being renamed420-292052, and 130-000517 which is being renamed 420-292053 which were annexed by ordinance 0728-2013.
Only residential properties consistent with the applicable zoning regulations and variances thereto within the designated Community Reinvestment Area will be eligible for exemptions under this Program.
Section 2. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this Ordinance shall take effect and be in force from and after its approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.