Explanation
BACKGROUND: This ordinance expresses City Council's determination that the petition to create the RiverSouth Authority complies with the requirements of Chapter 349.03(A) of the Ohio Revised Code and fixes the time and place for a hearing on the establishment of the RiverSouth Authority.
RiverSouth encompasses several square blocks in the core of Columbus' downtown generally bounded by State Street on the North, Third Street on the East, Mound Street on the South and the Scioto River on the West, all to be developed and redeveloped as part of an area characterized by well-balanced and diversified land use patterns to provide facilities for the conduct of commercial, residential, cultural, educational and recreational activities.
FISCAL IMPACT: No funding is required for this legislation.
Title
An ordinance determining that the petition for the creation of The RiverSouth Authority complies with the requirements of Chapter 349.03(A) of the Ohio Revised Code and fixing the time and place for a hearing on the establishment of The RiverSouth Authority.
Body
WHEREAS, City Council enacted Ordinance No. 2446-2003 on November 17, 2003, which ordinance directed the City Clerk to execute and sign on behalf of the City of Columbus and the Columbus City Council a petition (the "Petition") for the creation of The RiverSouth Authority under Chapter 349 of the Ohio Revised Code; and
WHEREAS, the Petition has been signed by the City Clerk to indicate the approval of the Petition by the City of Columbus as the sole "proximate city," as that term is defined in O.R.C. Section 349.01(M) of the Ohio Revised Code; and
WHEREAS, the Petition has been filed in the office of the clerk of the Franklin County Board of Commissioners and the City Clerk's office; and
WHEREAS, upon the filing of the Petition the Columbus City Council, as the "organizational board of commissioners" as that term is defined in Section 349.01(F) of the Ohio Re...
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