Explanation
BACKGROUND: Columbus Campus, LLC (the "Developer") has a contract to purchase approximately 78.386 acres in the City of Hilliard, Franklin County, Ohio, and has requested that the City of Columbus, Ohio (the "City") execute and sign a petition to be presented to the Board of County Commissioners of Franklin County, Ohio to create a new community authority under the provisions of Ohio Revised Code Chapter 349 for the benefit of the City of Hilliard. The City of Hilliard has recommended and supports the creation of the new community authority. The City of Columbus is a "proximate city" under Ohio Revised Code Chapter 349 as the largest city in the county, and the City's approval for the creation of such authority is required in order to proceed.
A proposed petition has been presented in its entirety to the City, and an explanation of the proposed new community authority has been made to City officers by the Developer and the Developer's counsel, and such proposed petition is on file with the Clerk of Council.
Construction on the new community authority is scheduled to begin as soon as possible so that the financing for and construction of the infrastructure improvements necessary for the development can commence in 2007, thus making it necessary for City Council's approval of the proposed petition to be taken as an emergency measure in order to allow such construction to proceed.
FISCAL IMPACT: No funding is required for this legislation.
Title
To authorize and direct the Clerk of Council to execute and sign a petition on behalf of the City of Columbus to be presented to the Board of County Commissioners of Franklin County, Ohio by Columbus Campus, LLC to create a new authority under Ohio Revised Code Chapter 349 for the benefit of the City of Hilliard; and to declare an emergency.
Body
WHEREAS, Columbus Campus, LLC (the "Developer") has a contract to purchase approximately 78.386 acres in the City of Hilliard, Fr...
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