Explanation
BACKGROUND: This Council is being asked to approve the Petition, and the Articles of Incorporation of the Short North Special Improvement District of Columbus, Inc., an Ohio not-for-profit corporation organized pursuant to ORC 1710.
The Petition and Articles of Incorporation are on file with the Clerk of the Columbus City Council.
The Short North Special Improvement District (SID) was created in 1998 for a term of 12 years through 2011. In 2011 the property owners sought and obtained reauthorization for a period of five years. In 2016 the Short North SID was reauthorized for another five years. The petition to reauthorize the SID and Articles of Incorporation was approved by City Council by Ordinance No. 0612-2016, passed March 14, 2016. City Council also approved the Plan for Improvements and Services to be provided by the Short North SID by Resolution No. 0044X-2016, passed March 21, 2016 The necessity to implement the Plan of Improvements and Services and to levy a special assessment for the improvements and services was approved by City Council by Resolution No. 0099X-2016, passed May 2, 2016. A final piece of legislation, providing for the levy of assessment to property owners, was approved by City Council by Ordinance No. 1580-2016, passed June 20, 2016.
The current term of the Short North Special Improvement District will conclude in December 2021.
A one petition process has been initiated in which at least 60% of the property owners within the District signed that they are interested in reauthorizing the SID and they approve of the plan for improvements and services to be provided by the SID.
This legislation is the first of four actions required by Chapter 1710 of the Ohio Revised code to reauthorize.
Emergency action is required to allow the Short North Special Improvement District of Columbus, Inc. to continue the reauthorization of their Special Improvement District in a timely manner.
FISCAL IMPACT: No funding is required fo...
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