Explanation
BACKGROUND: The Special Improvement District (SID) was created in 2020 for a term of five years from 2021 through 2015. In 2020 the property owners sought and obtained authorization for a period of five years. The petition to authorize the SID and its Articles of Incorporation was approved by City Council by Ordinance No. 0810-2020, passed May 4, 2020. City Council also approved the Plan of Services to be provided by the Franklinton SID by Resolution No. 0069X-2020 passed May 18, 2020. The necessity to implement the Plan of 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 District Plan.
This legislation appropriates and approves the expenditure of that portion of assessments collected in FY 2022 that is to be returned to the SID. This legislation would also allow the Director of Development to enter into a contract with the Franklinton Special Improvement District, Inc. for disbursement of these funds in 2022.
Emergency action is requested to allow for continuation of services without interruption.
FISCAL IMPACT: Funds for this expenditure will be received from the levy of assessments collected from property owners in the Franklinton Special Improvement District. These funds are deposited into and expended from Agency Fund 3314.
CONTRACT COMPLIANCE: The vendor number is 035762 and expires on 1/12/2024.
Title
To authorize and direct the Director of the Department of Development to enter into a contract with the Franklinton Special Improvement District, Inc. for the implementation of services and improvements set forth in the Service Plan; to authorize the City Auditor to appropriate and expend up to $315,000.00 from assessments levied from property owners; and to declare an emergency. ($315,000.00)
Body
WHEREAS, City Council approved the authorization and implementation of the Service Plan for 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 2022 and September 2022; and
WHEREAS, an emergency exists in the usual daily operation of the Department of Development, Economic Development Division, in that it is immediately necessary to authorize the Director to enter into a contract with the Franklinton Special Improvement District of Columbus, Inc. and appropriate and expend said funds to allow for continuation of services without interruption, 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. That the Director of Development is hereby authorized to enter into a contract with the Franklinton Special Improvement District of Columbus, Inc. for the implementation of services for the operations requirements set forth in the Plan of Services previously approved by City Council pursuant to Resolution 0070X-2020, for an amount not to exceed $315,000.00.
Section 2. That from the unappropriated monies and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ended December 31, 2022, the sum of $315,000.00 is appropriated in Fund 3314 in care of Franklinton Special Improvement District of Columbus, Inc., under an assigned Object Class for Other Expenditure per the accounting codes.
SECTION 3. That for the purpose stated in Section 1, the expenditure of $315,000.00 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 4. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
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 passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.