City of Columbus - File #: 0179-2005

• File #: 0179-2005
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 1/21/2005
• In control: Jobs and Economic Development Committee
• On agenda: 2/7/2005
• Final action: 2/9/2005
• Title: To authorize the Director of Development to enter into a contract with the Capital Crossroads Special Improvement District of Columbus, Inc. for the implementation of services set forth in the District Plan; to direct the City Auditor to appropriate and expend up to $1,500,000 from assessments levied from property owners; and to declare an emergency ($1,500,000)

Date	Ver.	Action By	Action	Result
2/9/2005	1	ACTING MAYOR	Signed
2/9/2005	1	CITY CLERK	Attest
2/7/2005	1	Columbus City Council	Approved	Pass
2/7/2005	1	COUNCIL PRESIDENT PRO-TEM	Signed
1/27/2005	1	CITY ATTORNEY	Reviewed and Approved
1/27/2005	1	Dev Drafter	Sent to Clerk's Office for Council
1/26/2005	1	FINANCE DIRECTOR	Reviewed and Approved
1/26/2005	1	Dev Drafter	Sent for Approval
1/26/2005	1	Auditor Reviewer	Reviewed and Approved
1/26/2005	1	CITY AUDITOR	Reviewed and Approved
1/26/2005	1	Dev Drafter	Sent to Clerk's Office for Council
1/26/2005	1	Council Drafter	Sent for Approval
1/26/2005	1	Dev Drafter	Sent for Approval
1/25/2005	1	Dev Drafter	Sent for Approval
1/25/2005	1	DEVELOPMENT DIRECTOR	Reviewed and Approved
1/25/2005	1	Dev Drafter	Sent for Approval
1/25/2005	1	Finance Reviewer	Reviewed and Approved

Explanation

BACKGROUND: In 1999 the Capitol South Urban Redevelopment Corporation, the Greater Columbus Chamber of Commerce and the City of Columbus, Department of Development initiated an effort to work with downtown property owners to create a Special Improvement District (SID) in the core area of downtown (Capital Crossroads Special Improvement District of Columbus, Inc.). The first petition to create the SID and Articles of Incorporation was approved by City Council by Ordinance No. 1741-00, passed July 17, 2000. City Council also approved the Plan for Services to be provided by the Capital Crossroads Special Improvement District of Columbus, Inc. by Resolution No. 3X-01, passed January 8, 2001. The necessity to implement the Plan of Services and to levy a special assessment for the services was approved by City Council by Resolution No. 017X-01, passed February 12, 2001. A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance No. 1040-01, passed June 18, 2001. 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 assessments collected in FY 2005 that are to be returned to the SID. This legislation also allows the Director of Development to enter into a contract with the Capital Crossroads Special Improvement District of Columbus, Inc. for disbursement of these funds.

FISCAL IMPACT: Funds for this expenditure will be received from the levy of assessments collected from property owners in the Capital Crossroads Special Improvement District. These funds are deposited into and expended from Agency Fund 307.



Title

To authorize the Director of Development to enter into a contract with the Capital Crossroads Special Improvement District of Columbus, Inc. for the implementation of services set forth in the District Plan; to direct the City Auditor to appropria...