Explanation
BACKGROUND:
This legislation amends Ordinance 0935-2010, passed June 28, 2010, creating the Livingston and James Community Reinvestment Area (CRA) for the purpose of correcting an error in the text. During a review of the legislation an error in the text was discovered in Section 3.c). The current language reads "(c) Eighty percent (80%) for ten (15) years for…". The correct number of years is fifteen. Therefore, the amended language will read, "(c) Eighty percent (80%) for fifteen (15) years for…".
Emergency action is being requested so that this correction can take effect as soon as possible in order to coincide with the original ordinance's initial implementation.
FISCAL IMPACT:
No funding is required for this legislation.
Title
To amend Ordinance 0935-2010, passed June 28, 2010, creating the Livingston and James Community Reinvestment Area (CRA) for the purpose of correcting an error in the text of Section 3.c); and to declare an emergency.
Body
WHEREAS, Ordinance 0935-2010, passed June 28, 2010, creating the Livingston and James Community Reinvestment Area (CRA); and
WHEREAS, during a review of the legislation an error in the text was discovered in Section 3.c); and
WHEREAS, emergency action is being requested so that this correction can take effect as soon as possible in order to coincide with the original ordinance's initial implementation, thereby preserving the public health, safety, and welfare; Now, Therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That Section 3.c) of Ordinance 0935-2010 is hereby amended to read as follows.
Section 3.c) Eighty percent (80%) for fifteen (15) years for:
· construction of new owner-occupied and rental dwellings.
· construction of new owner-occupied and rental dwellings containing more than two housing units.
A pre-application will be required to insure the compatibility with neighborhood plans and to insure the ma...
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