Explanation
BACKGROUND: In 2005 the Northland Alliance, the Mores Road SID Exploratory Committee, and the City of Columbus Development Department initiated an effort with property owners on Morse Road from Indianola Avenue to Cleveland Avenue to create a Special Improvement District (SID). The creation of the Morse Road Special Improvement District will be completed by September, 2006 with the collection of assessments starting in January 2007 and ending in December 2016. As part of the negotiations the City agreed to enter into a cooperative share agreement with the Morse Road SID to define costs and responsibilities of each entity. Separate legislation will be required in 2007 to appropriate and authorize the expenditure of funds, if money is available, for this purpose.
This legislation authorizes the Director of Development and the Director of Public Service to enter into a tri-party Cooperative Share Agreement with the More Road SID for the provision of defining costs and responsibilities of the three entities.
Emergency legislation is requested to allow the City and the Morse Road SID to enter into the Cooperative Share Agreement in a timely manner.
FISCAL IMPACT: No funding is required for this legislation.
Title
To authorize the Director of Development and the Director of Public Service to enter into a tri-party Cooperative Share Agreement with the Morse Road Special Improvement District; and to declare an emergency.
Body
WHEREAS, the property owners located on Morse Road from Indianola Avenue to Cleveland Avenue have initiated a petition to create a Special Improvement District (SID); and
WHEREAS, over 60% of the property owners within the SID boundaries have signed the petition to create the SID; and
WHEREAS, the City and the Morse Road Special Improvement District have agreed to enter into a Cooperative Share Agreement to define costs and responsibilities associated with the SID; and
WHEREAS, as part o...
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