Explanation
BACKGROUND: This legislation authorizes the disbursement of the remaining portion of the assessments collected in FY 23 that is to be returned to the Franklinton Special Improvement District for operational requirements.
The Special Improvement District (SID) was created in 2020 for a term of five years from 2021 through 2025. The petition to authorize the SID and its Articles of Incorporation was approved by City Council by Ordinance No. 0810-2020. City Council also approved the Plan for Public Services to be provided by the Franklinton SID by Resolution No. 0069X-2020. The necessity to implement the Plan for Public Services and to levy a special assessment for the improvements and services was approved by City Council by Resolution No. 0103X-2020, passed June 29, 2020. A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance No. 1895-2020, passed September 14, 2020. A portion of each assessment is to be returned to the SID for operational requirements as set forth in the Plan for Public Services.
Columbus City Council approved Ordinance 0647-2023 on March 20, 2023 authorizing up to $375,000.00 in special assessments to be returned to the Franklinton Special Improvement District of Columbus, Inc. collected in FY 2023. However, the City of Columbus is in receipt of special assessments, which is to be returned to the Franklinton Special Improvement District for operational requirements, totaling $389,411.87. This legislation authorizes the disbursement of the remaining $14,411.87 per the Plan of Services.
This ordinance is submitted as an emergency to disburse special assessments collected in 2023 for approved activities in the 2023 Plan of Services.
FISCAL IMPACT: Funds for this expenditure are received from the levy of assessments collected from property owners in the Franklinton Special Improvement District. These funds are on deposit in Agency Fund 3314.
Title
To authorize the disbursement of the remaining portion of the assessments collected in FY 23 that is to be returned to the Franklinton Special Improvement District of Columbus, Inc.; to authorize the City Auditor to disbursement up to $14,411.87 in 2023 from remaining assessments levied from property owners; and to declare an emergency. ($14,411.87)
Body
WHEREAS, City Council approved the authorization and implementation of the Plan for Public Services by the Franklinton Special Improvement District for a period of 5 years from January 1, 2021 through December 31, 2025; and
WHEREAS, City Council has also levied assessments in accordance with the Ohio Revised Code, Chapter 1710 for such purposes, which funds are in the process of collection and are required by law to be distributed to the Franklinton SID by the City; and
WHEREAS, the assessment funds collected by the County and forwarded to the City for disbursement will be available in March 2023 and September 2023; and
WHEREAS, the City Council previously approved Ordinance No. 0647-2023, which authorized up to $375,000.00 in special assessments; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development in that it is immediately necessary to authorize the Director to disburse special assessments collected in 2023 for approved activities in the 2023 Plan of Services in an amount up to $14,411.87, preventing delay of this work, all for the immediate preservation of the public health, peace, property, safety and welfare; and NOW, THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Development is hereby authorized to return the remaining special assessments to the Franklinton Special Improvement District of Columbus, Inc. for the implementation of services for the operations requirements set forth in the Plan of Public Services as previously approved by City Council pursuant to Resolution 0070X-2020, for an amount not to exceed $14,411.87 in 2023.
SECTION 2. That for the purpose stated in Section 1, the expenditure of $14,411.87, or so much thereof as may be needed, is hereby authorized in Agency Fund 3314 in care of Franklinton SID under an assigned Object Class for Other Expenditures per the accounting codes.
SECTION 3. This modification is made in accordance with the relevant provisions of the City Code Charter 329 relating to contract modifications.
SECTION 4. That the City Auditor is authorized to establish such accounting codes as necessary, to make any accounting changes to revise the funding source for all agreements, contracts, or modifications associated with this Ordinance.
SECTION 5. That 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 approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.