Explanation
BACKGROUND: This Ordinance will create the Wilson Road Community Reinvestment Area (see Exhibit A) and provide for a 75% real property tax exemption for residentially- zoned parcels within the area. Exemption will be limited to the construction of new multi-unit residential properties of 15 units or more, designated to the housing of senior citizens, consistent with the applicable zoning regulations. In particular, National Church Residences will construct 100 units of senior housing.
The goal of designating a Community Reinvestment Areas is neighborhood revitalization and stabilization. The designation will increase housing for the elderly within the City.
FISCAL IMPACT: No fiscal impact. No funding is required for this legislation.
Title
To create the Wilson Road Community Reinvestment Area and to authorize real property tax exemptions as established in Section 3735.65 to 3735.70 of the Ohio Revised Code; and to declare and emergency.
Body
WHEREAS, the council of the City of Columbus (hereinafter "Council") desires to pursue reasonable and legitimate incentive measures to assist and encourage development in specific areas of the City of Columbus that have not enjoyed reinvestment from remodeling or new construction; and
WHEREAS, Resolution No. 1698-78, approved August 3, 1978, authorized the Department of Development to carry out a Community Reinvestment Program, pursuant to Sections 3735.65 to 3735.70 of the Ohio Revised Code, and approved certain administrative procedures for the program; 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 construction of new multi-unit residential structures in this Community Reinvestment Area would serve to encourage economic stability, maintain real property values, and generate new employment opportunities; and
WHEREAS, the construction of new multi-unit residential structures in this Community Reinvestment Area constitutes a public purpose for which real property exemptions may be granted; and
WHEREAS, This 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, Housing Division, in that it is immediately necessary to create the Wilson Road Community Reinvestment Area and to authorize real property tax exemptions thereby preserving the public health, peace, property, safety, and welfare; and NOW THEREFORE,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. The area designated as the Wilson Road Community Reivestment Area constitutes an area in which housing facilities or structures of historical significance are located, and in which new
construction or repair of existing facilities has been discouraged.
Section 2. Pursuant to ORC Section 3735.66, the Wilson Road Community Reinvestment Area is hereby established, in the following described area:
North - Conrail Railroad tracks from the west property line of Parcel # 010-
062382 to Derrer Road
East - Derrer Road at Conrail tracks-Sullivant Avenue- Wedgewood Drive
South - Briggs Road
West - Holly Hill Drive-Sullivant Avenue-Exchange Drive-west property line of
Parcel # 010-143092 and 010-062382 to Conrail Railroad Tracks
The Community Reinvestment Area is approximately depicted as the area on the map attached to this Ordinance, marked Exhibit B; by parcel number, marked Exhibit B (1); and by this reference incorporated herein.
Only the construction of new multi-unit residential properties of 15 units or more, designated to the housing of senior citizens, consistent with the applicable zoning regulations within the designated Community Reinvestment Area are eligible for exemptions under this Program.
Section 3. All residentially-zoned properties identified in Exhibits B and B-1 as being within the designated Wilson Road Community Reinvestment Area are eligible for residential tax abatement at seventy five percent (75%) and for a period of fifteen (15) consecutive years.
Section 4. To administer and implement the provisions of this Ordinance, the Department of Development Housing Administrator, is designated as the Housing Officer as described in Sections 3735.65 through 3735.70.
Section 5. That a Community Reinvestment Area Housing Council shall be created, consisting of two members appointed by the Mayor of the City of Columbus, two members appointed by the Council of the City of Columbus and one member appointed by the Planning Commission of Columbus. The majority of the members shall then appoint two additional members who shall be residents of the political subdivision. Terms of the members of the Council shall be for three years. An un-expired term resulting from a vacancy in the Council shall be filled in the same manner as the initial appointment was made.
Section 6. The Community Reinvestment Area Housing Council shall make an annual inspection of the properties within the district for which an exemption has been granted under Section 3735.66 of the ORC. The council shall also hear appeals under 3735.70, of the ORC.
Section 7. The Mayor of the City of Columbus is hereby authorized to submit such documentation to the Director of the Ohio Department of Development as is necessary to confirm the findings herein.
Section 8. 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.