Explanation
BACKGROUND: This legislation authorizes additional payment in an amount up to $45,000.00 for the period October 1, 2026, through December 31, 2026, made to the Board of Trustees of Franklin Township as set forth in the Annexation Agreement with the Board of Trustees of Franklin Township authorized by Ordinance Number 2529-2013 and approved by City Council on November 4, 2013. This legislation will also require a transfer in appropriation between object classes within the Development Administration General fund budget.
On November 4, 2013, City Council approved Ordinance Number 2529-2013 authorizing the Director of Development to enter into an annexation agreement with the Board of Trustees of Franklin Township, the legislative authority of and for Franklin Township. The City and the Township have contiguous boundaries and overlapping jurisdictions within Franklin County. In order to advance the welfare of the citizens for the respective jurisdictions, the parties desire to cooperate by fostering and promoting development which is compatible with the character of the area, while also preserving the geographic integrity of the Township.
On February 25, 2026, City Council approved Ordinance Number 0362-2026 authorizing the City Auditor to make quarterly payments regarding the Annexation Agreement with the Board of Trustees of Franklin Township. This amount was merely an estimate of the actual costs and as such additional funding is needed to make the fourth quarter payment.
The annexation agreement outlines Annexation payments as well as areas of cooperation including joint land use planning to ensure coordination on projects, joint marketing to advance economic development, and coordination of capital improvement projects along the West Broad Street Corridor.
FISCAL IMPACT: Payments will be made quarterly and funds are available in the 2026 General Fund budget.
Title
To authorize the additional expenditure of an amount up to $45,000.00 ...
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