Explanation
BACKGROUND:
Under provisions of Chapter 349 of the Ohio Revised Code, M/I Homes of Central Ohio, LLC and Pinnacle Development Company of Grove City, Ltd. wish to establish a new community district in the City of Grove City, Ohio and request that the City of Columbus sign the petition to evidence its approval of the establishment of the district.
Emergency action is requested because of the necessity of the City Clerk signing the petition prior to the consideration of the new community authority by the Board of Franklin County Commissioners.
FISCAL IMPACT:
No funding is required for this legislation.
Title
To authorize the City Clerk to sign the petition for the establishment of a new community district pursuant to Ohio Revised Code Chapter 349; and to declare an emergency.
Body
WHEREAS, Chapter 349 of the Ohio Revised Code authorizes the establishment of new community districts for limited purposes of facilitating the development of property located within such new community district; and
WHEREAS, in order to create a new community district, the developer of the property must submit a petition to the board of county commissioners of the county within which the new community district is located; and
WHEREAS, M/I Homes of Central Ohio, LLC and Pinnacle Development Company of Grove City, Ltd. (the "Developer") has submitted plans and a draft petition (the "Petition") for the establishment of a new community district in the City of Grove City, Franklin County, Ohio on 590.65 acres of land generally bounded by Holton Road and Billy Joe Run to the south, White Road to the north, I-71 to the west, and Jackson Pike to the east (the "District"), which District would facilitate the financing and construction of certain infrastructure improvements benefiting property owners within the District; and
WHEREAS, Section 349.03 of the Ohio Revised Code requires that the Developer obtain approval for the establish...
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