Explanation
BACKGROUND: Council previously adopted Resolution 0144x-2022 (the "Resolution of Necessity") on July 18, 2022, which declared the necessity of 1) constructing streetscape improvements and 2) levying a special assessment in the City of Columbus, Ohio (the "City") for parking structure improvements on the southeast corner of the intersection of West Rich Street and McDowell Street.
The Resolution of Necessity imposed Special Assessments on the Assessed Parcels in proportion to the special benefits conferred upon such Assessed Parcels from the Project in order to pay for a portion of the cost and expense of the Project.
This Ordinance authorizes the levy of the special assessment upon the lots and lands of the Special Benefit District ("Assessed Parcels") benefited by the construction of parking structure improvements near the southeast corner of the intersection of West Rich Street and McDowell Street known as the East Franklinton - Casto/CMHA Parking Garage project (the "Project"), as contemplated in Resolution 0144x-2022 and Ordinance to Proceed (1973-2023) pursuant to Section 55(b) of the Charter of the City of Columbus determining that such action is necessary.
All of the costs of the Project have been encumbered by City Council; the final assessment amount has been determined, the final assessment report prepared, and the assessing Ordinance should now be passed pursuant to Section 178 of the Charter of the City of Columbus.
FISCAL IMPACT: No funding is required for this ordinance.
EMERGENCY DESIGNATION: Emergency action is requested in order that the assessment process may be completed in time for the County Auditor to place the assessments on the specially benefited lots and lands to repay the City for a portion of the cost to construct the Project.
Title
To levy a special assessment upon the lots and lands of the Special Benefit District specially benefited by the construction of streetscape improvements near the southeast corner of ...
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