Explanation
BACKGROUND: This Ordinance amends the Weinland Park Community Reinvestment Area (Weinland Park CRA) renewed by Ordinance 1716-2012. This amendment will expand the boundaries of the existing Community Reinvestment Area.
The goal of amending the Weinland Park CRA is to expand neighborhood revitalization efforts, stabilize and increase school enrollment, and increase single-family and rental housing development in the area. This ordinance is amending Section 2 of Ordinance 1716-2012. Except as provided in this Ordinance, all other provisions of the Original CRA as previously amended shall remain in full force and effect.
Emergency action is being requested so that this amendment can take effect as soon as possible in order to coincide with new housing developments planned for the area.
FISCAL IMPACT: No funding is required for this legislation.
Title
To expand the Weinland Park Community Reinvestment Area; to authorize real property tax exemptions as established in the Ohio Revised Code; and to declare an emergency.
Body
WHEREAS, the City desires to expand the boundaries of the Weinland Park CRA by adding parcels to the existing Weinland Park CRA as amended by Ordinance 1716-2012; and
WHEREAS, a survey of housing (see Exhibit 1) as required by Ohio Revised Code (ORC) Section 3735.66 has been prepared and included in this proposed amended Community Reinvestment Area; and
WHEREAS, the goal of amending the Weinland Park CRA is to expand neighborhood revitalization efforts, stabilize and increase school enrollment, and increase single family and rental housing development in the area; and
WHEREAS, an emergency exists in the daily operations of the Department of Development so that these amendments can take effect as soon as possible in order to coincide with new housing developments planned for the area thereby preserving the public health, safety, and welfare; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTI...
Click here for full text